India has displaced Germany as the world’s fourth largest market for vehicle sales by volume and is in line to take the number three position from Japan within the next three years. Commercial and passenger vehicle sales in India grew 8.3 per cent in 2018 to 3.99m, overtaking the 3.74 of sales in Germany,…
Rolls-Royce Motor Cars owned by BMW, recorded its highest ever sales last year as wealthy US buyers, buoyed by Donald Trump’s tax cuts splashed out on luxury cars with an annual sale of 4, 107 a rise of 22 per cent after the relaunch of its flagship Phantom and launch of its first sports utility…
Japanese carmaker Toyota has been granted a patent that describes a car that is capable of flying. The car is described to have wheels with rotor blades, which would allow it to take off vertically. Each of the wheels will have an electric motor fed by a system that would generate enough electric power to drive…
The British luxury carmaker, Aston Martin is targeting a valuation of £5bn when it lists its shares on the London Stock Exchange on 3rd October 2018. Andy Palmer, CEO of Aston Martin said ”We have seen almost unprecedented investor interest. This has always been part of the dream to put a car company back on…
A classic Aston Martin 1961 DB4GT Zagato bought by a European bidder at the Goodwood Festival of Speed in Sussex for £10, 081,500 making it the most valuable British car ever bought at a European auction. The car one of the three MP209 versions made, was previously driven by British two-time F1 champion Jim Clark…
Bugatti ‘s latest one-off Veyron L’or Blanc, supercar dressed in finest perocelain which cost 42.5million. The exterior of the 1001 horsepower Veyron L’or Blanc is surfaced in aluminium and carbon fiber mix, with wheel center caps, fuel filler cap and interior trim all fashioned by KPM from porcelain most of it designed by hand. Ettore…
Britain’s largest carmaker, Jaguar Land Rover is to shed 1, 000 temporary contract workers at its Solihull plant which also builds Range Rovers and the Land Rovers Discovery SUV and cut production, resulting from a collapse in diesel vehicle sales. Jaguar also blames lower consumer confidence because of the prospect of withdrawal from the EU,…
London Black cabs are going green. Family owned technology group Frazer Nash will this year begin selling its electric Metrocab through Ecotive, a company owned by the same family after a lawsuit from Chinese competitor London Electric Vehicle Company delayed its plan by three years. LEVC began making its electric vehicles, but early production setbacks…
Uber’s autonomous car struck a woman last night, in Tempe, Arizona, who succumbed to her injuries in the hospital. The deadly collision took place around 10 pm local time at the intersection Mill Avenue and Curry Road. According to Tempe police department spokesman, the car was in autonomous mode at the time of the incident,…
Sanjeev Gupta, an Indian-origin British billionaire has revealed plans to build the world’s biggest lithium-ion battery in South Australia. Gupta’s GFG Alliance-owned Simec Zen Energy has agreed to build a 140-megawatt-hour battery, overtaking US billionaire Elon Musk’s 129-megawatt-hours Tesla battery in the same state. Gupta also secured an $8m loan from the Australian government for…