Urban Mobility
Government subsidy of 130 Million euros in direct aid to JLR. Additional costs include industrial park construction, infrastructure investment and road linking to highway. BRATISLAVA, Aug 11 (Reuters) – ** Slovakia’s state aid for Jaguar Land Rover (JLR) factory may reach some 600 million euros ($668.46 million) ** The government approved 130 million euros in direct aid to JLR **
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There are few automotive components as widely vilified these days as the nine-speed automatic transmissions being offered in several Fiat Chrysler models. Car critics and consumers alike have slammed what once seemed like a breakthrough gearbox for a litany of troubles since it debuted in the Jeep Cherokee in May 2014. Manufactured by Germany’s ZF, FCA is recalling the nine-speed
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If you don’t drive a Lexus, you’re not welcome to park in 30 spots at the Edmonton International Airport, Canada. Stalls in the airport’s parking garage’s second and third levels are painted “Preferred Parking,” along with a logo of the luxury car brand. Lexus has paid for 30 of the airport’s more than 13,500 stalls through a contract with Pattison Outdoor
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Project Pinnacle would create a roughly 8% difference in cost of vehicles between top-tier dealers and those not participating In a letter signed by dealer associations from seven states, Cadillac President Johan de Nysschen was accused of creating a program that they consider “is the most serious attack on their survival they have seen.” Mr. de Nysschen has been in the process of
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PRNewswire/ — BorgWarner provides its latest variable turbine geometry (VTG) turbocharging technology for a wide range of Euro 6 diesel engines used for numerous Hyundai and Kia models of the Hyundai Motor Company worldwide. “BorgWarner values its long-standing partnership with the Hyundai Motor Company and we are very proud to extend our cooperation by providing our latest VTG turbochargers, which improve
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Robust crossover demand is prompting Geely Automobile Holdings to raise its sales target for China this year to 660,000 vehicles, a 29 percent increase over its sales in 2015. Geely previously aimed to sell 600,000 vehicles in China this year. The company upgraded its forecast after two new crossovers, the Boyue and the Emgrand GS, enjoyed a strong launch. In
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KUALA LUMPUR: The Edge had previously reported that French car manufacturers Group PSA and Renault SA have been in talks with Proton since the beginning of the year. Other automakers that are said to be in the running are Volkswagen, General Motors, Suzuki Motor Corp, and at least one Chinese automaker which is believed to be Geely. Media reports said DRB-Hicom
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Toyota Motor Corp. said it will collaborate with Japan’s taxi association, weeks after the group excoriated the automaker’s alliance with Uber Technologies Inc. The Japan Federation of Hire-Taxi Associations and Toyota will establish a task force that regularly meets on items including experimentation with automated driving technology, the carmaker said in a statement Friday. Toyota has a next-generation taxi model
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Lexus’ new design language—a car showroom without any cars in it. This concept store was first opened in Tokyo’s Aoyama district a couple of years ago. The Intersect by Lexus store is described as the brand’s flagship store that doesn’t actually sell any cars. It’s neither a dealership nor a retail space, but rather simply a multifunctional social space where
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TOKYO (Aug 8): Japan’s Suzuki Motor Corp intend sell back its ordinary shares in Fuji Heavy Industries in a deal worth around 52.7 billion yen (US$514.75 million), the compact car maker said on Monday. Suzuki said it will sell 13.7 million in ordinary shares back to Fuji Heavy, which produces Subaru-branded vehicles, at a price of 3,852 yen per share in
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