Auto industry outlook hinges on China sales holding up under tariff pressure
9/18/2018, 4:25:40 PMAuto sales are still expected to grow in China and emerging markets, but U.S. sales face some downward pressures, said a new report from Moody's. ✔ Sales there are expected to slow slightly next year, but Moody's is still expecting growth rates at or above 2 percent over the next year ✔ China sales are expected to offset slight declines in sales in the U.S., which has seen record and near-record levels of sales of around 17 million vehicles or more ✔ But increased spending will likely put further pressure on the sector's already low margins
30% of car owners face money troubles after buying a second-hand motor
9/18/2018, 6:05:46 PMBRITS are landing themselves in hot water after buying a second-hand car outright, as one in three drivers face money troubles because of the purchase. Over half of those who overspent also used sa… ✔ Alamy 2 Over a third of used car owners are left without a rainy-day fund Lots of drivers prefer to use their own savings to pick up their next car as they might be reluctant about having any ongoing financial repayments, paying off interest or having a commitment on their credit score – but there can be downsides to relying purely on your own cash to buy your next car
Ferrari unveils limited edition roadsters – but you’re unlikely to be able to own one
9/18/2018, 6:36:51 PMFerrari has revealed a pair of limited edition, retro-look cars “aimed at dedicated clients and collectors” during its Capital Markets Day event at the factory in Maranello. ✔ Before his untimely death in July this year, former Fiat Chrysler Automobiles CEO Sergio Marchionne had said that part of his plan for Ferrari included growing the number of highly profitable limited edition models it produces ✔ cars - WLTP emissions test EXPLAINER: came into force Sept 1 2018 - THIS ONE For tips and advice, visit our Advice section, or sign up to our newsletter here A-Z Car Finder
MCN Ally Pally bike show preview
9/18/2018, 4:19:47 PMThe inaugural Devitt MCN Ally Pally Show takes place at Alexandra Palace in north London from September 22-23, featuring the world’s only indoor Supersprint, a line-up of two-wheeled exotica new and old, famous riders and more than 75 classic bikes being auctioned by Bonhams - including an MV Agusta thought to have been raced by the Italian legend Giacomo Agostini. ✔ On the Sunday, Bonhams will be auctioning 75 exotic and rare motorcycles, including a 1973 MV Agusta 500/3 thought to have been used by Giacomo Agostini, the most successful Grand Prix rider in history, which is expected to fetch £250,000-£350,000 ✔ Full details at www.mcnallypallyshow.co.uk For tips and advice, visit our Advice section, or sign up to our newsletter here A-Z Car Finder
GTA 5 Online New DLC revealed: New vehicles and new updates in MORE new GTAV updates
9/18/2018, 4:01:24 PMROCKSTAR has announced even more content will be coming to GTA5 Online this week - here's everything you need to know. ✔ Today, Rockstar has announced that even more new content will be added into Grand Theft Auto 5 Online, which should be coming to the game this week ✔ • Running Back (Remix) With football season in full swing, the Adversary Mode starring the undersized Panto that dared to dream big is back
Paving its future: Ferrari unveils wide-ranging new plans
9/18/2018, 7:58:49 PMMARANELLO, Italy (AP) — Ferrari is paving its way to future growth with a look to its roots. The company's new CEO, Louis Camilleri, unveiled a new business plan Tue ✔ MARANELLO, Italy (AP) Ferrari is paving its way to future growth with a look to its roots ✔ Significantly expanding Ferrari's electric-gasoline hybrid powertrain offering and affirming plans to introduce a utility vehicle that hews to the brand's performance levels, Camilleri laid out his ambitions for a company he took over only in July following the death of long-time CEO and chairman Sergio Marchionne ✔ Hybridization, Camilleri said, gives Ferrari the opportunity to use the price lever
DOJ launches investigation into Tesla, Elon Musk’s tweets
9/18/2018, 4:40:55 PMTesla’s stock is down 5 percent this morning after news emerged the U.S. Department of Justice had launched a criminal investigation into CEO Elon Musk’s Aug. 7 tweets about taking the company private. The criminal probe is in addition to the previously reported Securities and Exchange … ✔ The criminal probe is in addition to the previously reported Securities and Exchange Commission investigation into the electric car company ✔ There is also no proven path for most retail investors to own shares if we were private ✔ He later disclosed the funding would come from a Saudi Arabian sovereign wealth fund
With Elon Musk’s moonshot, nothing is guaranteed
9/18/2018, 5:36:55 PMMusk wants to send a Japanese billionaire and several artists on a trip around the moon, but there are many questions about cost and timing. ✔ A rendering of what SpaceX's Big Falcon Rocket could look like flying in space ✔ SpaceX also hopes to put up a constellation of satellites in orbit that would allow everyone on Earth to connect to the Internet ✔ The present may be perilous, but out in the distance, the future holds something great
2019 Audi E-Tron revealed with $74,800 starting price
9/18/2018, 5:16:29 PMAudi’s all-electric SUV will take on the Jaguar I-Pace and Mercedes-Benz EQC when it arrives in US showrooms in 2019. ✔ Audi has announced its first production all-electric vehicle, the E-Tron midsize SUV ✔ This tech can keep the E-Tron centered in the lane and at a set distance behind a lead car, but it requires hands on the wheel at all times ✔ You can reserve yours now with a refundable deposit of $1,000
Machines will create 58 million more jobs than they displace by 2022, World Economic Forum says
9/18/2018, 7:06:04 PMThe net gain in jobs is not a forgone conclusion, the study cautioned, as huge investments are needed to retrain and educate workers. ✔ Minis pass along a robotic assembly line at the BMW Mini car production plant near London ✔ But the World Economic Forum report confirms that a key challenge for grappling with the future of work will be equipping staff with new skills and fostering workplace flexibility
>>> Open This Series
Comments
Post a Comment