Lamborghini will release a four door sports car
The Italian company Lamborghini is going to release the new four-door sports car in 2021. As representatives of the brand note, after the release of Urus, the novelty will become ...
Ford decreases expenses and stops production of several models
The new CEO of the American auto giant company Jim Hackett intends to cut down expenses of the company by 14 billion dollars and refuse development of some models.
Till 2022, Ford is going to cut down expenses on materials by 10 billion dollars and engineering by 4 billion dollars but will increase financing for the start of models of the midsize Ranger pickup and Bronco SUV. Also, it is going to redistribute about 7 billion dollars which are intended for the development of passenger cars, SUVs, and trucks.
Jim Hackett told that the company is going to concentrate on the creation of crossovers, SUVs, trucks, electric vehicles and unmanned vehicles. We will remind that since Hackett undertook the management of the company in May of this year, he established cooperation with companies for development of electric vehicles in China and India, integrated with Lyft for development of robotic cars.
Featured Auto News
New Volvo XC40 will receive electrical power unit
In 2019, compact crossover - Volvo XC40 was presented on September 21 in Milan will be released with completely electrical power units. The novelty will have a power reserve of 320 ...
Ford decreases expenses and stops production of several models
The new CEO of the American auto giant company Jim Hackett intends to cut down expenses of the company by 14 billion dollars and refuse development of some models. Till 2022, ...
Toyota no longer cooperates with Tesla
Toyota Motor Company sold all its share of Tesla Motors and completely ceased to cooperate with the American producer. Cooperation of the auto companies began in 2010 when Toyota obtained 3.15% ...
Hyundai company plans to increase volume by 10 percent
Hyundai is going to sell 10% more cars current year than previous year. Alexey Kalitsev, Executive Director of Hyundai Motor CIS told that half of the implemented 2017 cars will ...
Your email address will not be published