Mercedes-Benz has further expanded the E-Class range with a host of new petrol and diesel engines. The Mercedes-AMG E 53 4MATIC+ Coupé is available to buy from £62,835, while prices for the Cabriolet start at £69,285. Pricing for the CLS 53 4MATIC+ starts at £74,050. A significant milestone passed yesterday as the ‘key’ to the building that will house … [Read more...]
Newslines 24 April
Almost three quarters of motorway incidents related to tyre failure could be prevented if drivers carry out simple checks, according Highways England and tyre company Bridgestone. More than 30 people were killed or seriously injured in motorway accidents in 2016 due to illegal or faulty tyres but an 18-month study says commuters, commercial drivers and … [Read more...]
Newslines 23 January
Unite union has met PSA over plans for Ellesmere Port Vauxhall plant, which assembles Astra models. Discussions followed a 250 jobs cut announced this month on top of 400 jobs going since last autumn but the company has said it is twice as expensive to run as the French equivalent plants. UK industrialist Sanjeev Gupta is bidding to build electric … [Read more...]
Newslines 27 June
Jaguar is introducing an efficient and powerful new 300PS Ingenium petrol engine to the XE and XF saloons and F-PACE performance SUV models. The 2.0-litre four-cylinder Ingenium petrol engine produces 400Nm of torque for exceptional acceleration, with low fuel consumption and emissions. Nine years on after 16 deaths and180 injuries, Takata has filed … [Read more...]
Newslines 22 May
Kia Picanto models bought now will come with a year’s insurance. Its open until the end of June for buyers aged 21 to 79. New Ford Fiesta production is underway in Germany. Models will be in dealerships in July. Volvo will start building XC90 models at its new Indian plant this year. Their Bangalore factory will eventually assemble other … [Read more...]
PSA will buy Vauxhall, it is confirmed
PSA Peugeot Citroen will buy GM Europe, it has been confirmed and announced this morning. Vauxhall and Opel will come under the same control as Peugeot, Citroen and DS in the £1.9 Billion deal. Now there will be detailed due diligence discussions before the final contracts are signed, possibly in a year’s time. The deal is unlikely to see any … [Read more...]
“Encouraging” talks with PSA boss for Vauxhall
As General Motors tries to hammer out a deal to sell its long-struggling Europe business to PSA Group, how the companies will manage an underfunded pension plan for retirees remains to be sorted. GM’s pension plan for Opel and Vauxhall retirees is underfunded by about $9 billion, according to Bloomberg News. PSA would like GM to … [Read more...]
UK concerns over Vauxhall plants
Britain has contacted the president of General Motors to express concerns after the American firm opened talks to sell its European operations, including the Vauxhall plants in England, to France's PSA Group. The Department for Business said the government remained in close contact with GM and was monitoring the situation after the two companies said on … [Read more...]
Newslines 3 February
Germany's auto industry is losing hope that trade tariffs with the UK can be avoided, several executives have told Reuters, despite warnings from British Prime Minister Theresa May that an overly tough stance on post-Brexit commerce would seriously harm the country's EU partners. " Merkel may force us to walk away from UK profits for the sake of … [Read more...]
GM & Hyundai cave into Trump demands
General Motors will invest an additional $1 billion (£807.82 million) in its U.S. factories in 2017 and will move some parts production from Mexico to the United States that was previously handled by a supplier. The investments are in addition to the $2.9 billion the automaker announced last year, GM said and follow heavy criticism of the car maker by … [Read more...]
