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UK firm develops electric sports car that outraces Jaguar XKR

A UK firm has successfully built an electric sports car which is likely to out perform all large engine sports cars in 0-60mph range. The new Electric Lightning GTS has four electric motors directly connected to wheels, which can run up to a top speed of 130mph with 700bhp. Its fast rechargeable battery provides a [...]

Valeo to equip one million Peugeot vehicles with its Stop-Start Technology

Valeo has entered into contract with PSA Peugeot Citroen to equip its one million vehicles with its Stop-Start (StARS) technology by 2011. Valeo, an industrial Group engaged in design, production and sale of components, integrated systems for cars and trucks, ranks among the world’s top automotive suppliers. It has 122 plants and 61 R&D centres [...]

BMW releases details of 3-Series Saloon and Touring

The new BMW 3-Series with new iDrive system, all-aluminium engine and changed visuals will be out in September. Prior to this it had released details along with pictures.    The new BMW 3 Series saloon and Touring are designed with new looks of interiors and exteriors offering 5 different models in petrol and diesel.
The 3-Series has [...]

UK Intellectual Property Office to decide owner of rights to the MG name in the UK

A descendant of English motoring dynasty, William Riley has claimed that he owns the rights to produce the MGX Power, a hand made racing car which is priced at £85,000. He has taken on China’s largest carmaker Shanghai Automotive Industry Corporation in the battle over Britain’s iconic brands.
The Chinese manufacturer that acquired the MG assets [...]

Schaeffler Group’s opportunistic takeover offer not acceptable to Continental

Continental Executive Board rejected a takeover offer for the company from Schaeffler Group, terming it as highly opportunistic and nowhere near to Continental’s true value. The Schaeffler Group had offered €69.37 per share in cash.
According to Continental, the offer is devoid of trust and strategic rationale. Schaeffler Group is taking advantage of current equity market [...]

Skoda Auto gets honour to act as Main Partner of Tour de France

Skoda Auto is honoured to act as Main Partner for the fifth time for the legendary Tour de France. Skoda Superb will be the main attraction of the company’s presentation as the official vehicle of the event. TdF Director Christian Prudhomme, members of the organising team and VIP guests will drive the Skoda Superb. The [...]

Volkswagen registers phenomenal growth in sales in India

Europe’s giant automobile manufacturer, Volkswagen, registered a phenomenal growth of 69 per cent in its sales in India during January to June, 2008. The growth was beyond Volkswagen’s projected sales. Last six months witnessed delivery of 10,366 cars of Skoda, Audi and Volkswagen brands being delivered to customers in India. The last year sale [...]

German automotive supplier Continental sets up R & D and manufacturing unit in India

Continental, the international automotive supplier, has expanded its base by setting up R&D centre and electronic manufacturing unit in India at Electronic City, Bommasandra, and Bangalore. Continental, with an eye on the booming Indian auto electronic market, will develop and manufacture new components by investing 22,00 million INR in the new facility.
The facility at [...]

Continental AG opens production plant in China

The international automotive supplier Continental AG has set up a new production plant in the Economic Development Zone Changshu Southeast, in China. The new plant, in the name of Continental Automotive Systems (Changshu) Co. Ltd. is fully owned by Continental AG. It produces drum brakes, brake actuation products and front and rear calipers for Continental [...]

Mazda Kazamai compact crossover at Moscow International Automobile Salon 2008

Mazda will display its compact sporty crossover vehicle Mazda Kazamai at the Moscow International Automobile Salon (MIAS) 2008 on 26 August. Kazamai in Japanese means swirling cross winds. The stylish compact crossover represents Mazda’s vision of developing Sustainable Zoom-Zoom technology which combines safety and environmental performance of highest standard with sporty driving fun.
Mazda will also [...]