Month: January 2020

Struggling luxury UK carmaker Aston Martin has announced plans to raise emergency funding worth £500m. A consortium led by billionaire Lawrence Stroll will put in £182m, with the rest of the money coming from existing investors. Mr Stroll partly owns the Racing Point Formula 1 team, which will be branded Aston Martin from 2021 under
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Aston Martin Lagonda Global Holdings’ 500 million-pound ($656 million) cash lifeline from Canadian billionaire Lawrence Stroll has a major casualty — the company’s push into electric cars. The launch of the all-electric Lagonda marque, due in 2022, has been stalled for three years, Aston said Friday, while development of the Rapide E, the main brand’s first
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Jannarelly, the Dubai-based company behind the stunning Design-1 sports car, is preparing for a significant expansion this decade and has appointed a new CEO to oversee it. The company on Thursday named Alexander Lee as CEO and announced plans to establish manufacturing and R&D facilities in the United States by 2021. Jannarelly currently assembles the
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Family crossovers like the 2020 Audi Q7 do it all: school runs, errands, commutes, and long hauls. Few family crossover SUVs are as luxurious as the Audi Q7, however.  Updated this year with a tweaked exterior, a more potent V-6, and more interior touchscreens, the Q7 gets a 7.2 TCC Rating thanks to its exceptional
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HIROSHIMA, Japan — Mazda Motor Corp., one of Japan’s smallest, scrappiest and sportiest automakers, didn’t survive 100 years by chance — though it had its share of good luck at times. Mazda has lasted so long largely because it consistently turned to brainpower and innovation to compensate for its small, competitive size and scant resources.
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The strategy for the 2011 Challenger SRT8 is simple: more power. Read the full story here: https://www.motortrend.com/roadtests/coupes/1011_2011_dodge_challenger_srt8_392_test/index.html Also find Motor Trend on: Tweets by motor_trend https://facebook.com/MotorTrendMag Shot by: Duane Sempson & Gordon Green Edited by: Duane Sempson
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Asbury Automotive Group has named a longtime employee who started as a management trainee as its next senior vice president of operations. Daniel Clara, 40, was appointed to the position effective Jan. 29, the public dealership group said late Thursday in a regulatory filing. Clara replaces John Hartman, a 30-year industry veteran who held the
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DETROIT — General Motors will give a partial glimpse of its first battery-electric pickup, the Hummer EV, in a commercial airing Sunday during the Super Bowl. But the automaker won’t show the full vehicle until May. The commercial, which will include NBA star LeBron James, will mark GM’s plan to revive the Hummer name on
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Used-vehicle retailer CarMax Inc. is investing $50 million to buy a minority stake in Edmunds, the automotive retail research and vehicle-listing company. CarMax said Wednesday the move is mean to bolster its omnichannel retail strategy designed to meet and interact with shoppers wherever and however they’re shopping, across multiple channels, online and in store. “Edmunds’
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All-electric driving is hardly what it used to be. The 2020 Nissan Leaf was among the first electric cars to enter the mainstream consciousness, but not for all the right reasons.  Now two years removed from the bulbous hatchback with limited range, the new Leaf looks like a regular car—and it has a regular range. 
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Illustrating its commitment to SUVs and crossovers at the 2019 North American International Auto Show in Detroit, Ford on Monday took the wraps off of two more versions of its 2020 Explorer: the thriftier Explorer hybrid and the sportier Explorer ST. The eco-friendly and performance-oriented Explorers will act like bookends for the mainstream lineup unveiled
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MIAMI — Mini is preparing to launch the market’s first premium electric vehicle to approach the $30,000 price threshold. The Mini Cooper SE will start at $30,750, including shipping, when it lands in March. State and federal EV tax credits would knock the price down to as low as $18,750, depending on where the vehicle
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It’s always wonderful seeing cars and trucks modified strangely—not poorly, mind you, but antithetical to their intended purposes, you know? Take this wacky Continental GT, a typically boulevard-oriented luxury coupe that Bentley dressed up for the GP Ice Race in Zell am See, Austria. Programmatically, ice racing just isn’t on the typical Bentley owner’s menu.
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