BMW gave up its V12 engine
German company BMW plans to discontinue the production of cars equipped with a V12 engine. BMW Blog, which refers to “reliable” sources from the Munich headquarters. At the moment, the …
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News about automobile business and markets, new models and restylings.
Volkswagen invested 80 million EUR in convertible version of T-Roc
The management of the VW Group has taken the decision to drive along the Jaguar Land Rover with their Range Rover Evoque Convertible and to make a cross-cabriolet. The base …
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Ford fired its North American president
Ford’s North American president, Raj Nair, was fired after accusations of “inappropriate” behavior. The company has announced that an investigation has been conducted that has shown that some of Nair’s …
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Mercedes-Benz is divided into three separate companies
Daimler’s management plans to restructure Mercedes-Benz by dividing it into three distinct parts. They will be united in a holding holding a new director. Authors of the change plan are …
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Mercedes builds three new factories
Mercedes-Benz has to seriously expand its production capabilities to meet the record demand for its cars, said the head of production at the German company Marcus Scheffer in an interview …
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The Fastest Growing Automotive Category In The United States
New York, NY- As summer approaches, car dealers across the US are preparing for one of the busiest times of year for the automobile industry, as manufacturer rebates and dealer …
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BMW has doubled the sales of hybrid and electric cars
The BMW group has doubled the sales of hybrid and electric models for the first quarter of 2017, reaching nearly 20,000 units. This was announced by the head of the …
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Honda’s profit jumped by 38% in Q3 2016
Honda’s profit jumped 38 percent for the third quarter of the year, the company’s report said today. The result is somewhat surprising after the decline registered last week by the …
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Tesla is leader in luxury sedans in the US
Tesla Model S is the best-selling luxury sedan in the US for the third quarter of the year, Bloomberg reported. Sales of American electric vehicles rose 32 percent to 9,156 …
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Daimler invests 1 billion EUR in batteries
The Daimler concern will invest around EUR 1 billion in new technology and battery production. This was announced by the German director-general Dieter Cetzeh in front of journalists in Hamburg. …
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