Latest Auto News

Renault is going to increase car sales by 40% till 2022

Renault is going to increase car sales by 40% till 2022

The French company Renault hopes to increase revenue to 70 billion euros by 2022. The strategic plan for six years was published by the producer. It is expected that during this time, sales will grow by 40% and Renault will manufacture 5 million cars a year. Last year, Renault company implemented 3.5 million cars. Moreover, the producer is going to reduce expenses by 4.2 billion euros. The company intends to develop technologies in the services of ... read more
07 Oct 2017
Volvo Independent division dated the premiere of the first model

Volvo Independent division dated the premiere of the first model

Polestar which Volvo allocated in the separate company announced the date of the premiere of the first model — on December 17. The company published the announcement of the novelty and also some photos on Instagram. According to preliminary data, Polestar will release a sporty coupe with hybrid power unit rated at approximately 600 hp. Besides, Polestar engineers will design one more model soon, but there are no details yet. As it was conceived by Volvo, the ... read more
07 Oct 2017
Nissan is accused of violations of car safety checks

Nissan is accused of violations of car safety checks

Minister of State Lands, Infrastructure, Transport and Tourism of Japan Keyiti Isiya said that Nissan company workers in 5 factories who were engaged in safety inspection of cars had no corresponding qualification. He told that 5 out of 6 Japanese plants of the producer were in violations. The government of the country is going to consider a question of possible changes in the system of certification so that such situations would not repeat in the future. We ... read more
07 Oct 2017
Volkswagen company was dissatisfied with profitability of Skoda

Volkswagen company was dissatisfied with profitability of Skoda

The management of Volkswagen concern wants to deprive competitive advantages of Skoda company. Managers and labor unions of concern insist that measures were taken because of the increased competition with the Czech brand. The auto company can force to transfer a part of production to Germany and also raise a payment for access to technologies of the concern. Such decision can be made because of a difficult economic situation. While Volkswagen reduces staff, expenses, and deals ... read more
06 Oct 2017
Sales of electric Fiat 500 brings to FCA concern only losses

Sales of electric Fiat 500 brings to FCA concern only losses

The Italian-American alliance sustains heavy losses on production and development of electric cars, but at the same time does not refuse further work in this direction. The head of alliance Sergio Marchionne has told that Fiat Chrysler Automobiles concern suffers losses in 20,000 dollars on each sold Fiat 500e electric car whereas its cost is about 34,000 dollars. At the same time, Marchionne has noted that despite unprofitability of this direction and small demand for electric ... read more
06 Oct 2017
Record of hypercar Bugatti Chiron did not last long

Record of hypercar Bugatti Chiron did not last long

On the webpage of the Swedish company - Koenigsegg Automotive AB which is engaged in the production of supercars has published an announcement about the record-breaking car. The producer hopes that the car can speed up to 400 km/h which will exceed Bugatti Chiron indicators. According to the preliminary information, the race will be carried out on Agera RS which works with a 5-liter V8 engine rated at 1,176 hp and 7-speed transmission. To the first one ... read more
06 Oct 2017
Toyota updated its imperial sedan

Toyota updated its imperial sedan

Luxury Toyota Century sedan exists since 1967 and is intended for the Emperor of Japan. Now, the car maker presented a new generation of the premium model which became the third generation in 50 years. The premiere of the updated limousine - Toyota Century is dated for the 150 anniversary of the founder of the company - Sakichi Toyoda. The luxury Japanese sedan of the new generation was very conservative both in design and hardware. Body ... read more
05 Oct 2017
Mitsubishi company will show e-Evolution concept

Mitsubishi company will show e-Evolution concept

On October 27, the premiere of the absolutely new Mitsubishi e-Evolution model which will be purely electrical coupe-crossover will be held. According to the press service of the Japanese company, the novelty is designed with four-wheel drive and advanced technologies of an artificial intelligence, that is advanced abilities for independent movement. The concept car is four-wheel drive with 3 electromotors: one motor is set on a front axis, two others are located behind and connected among themselves ... read more
05 Oct 2017
Land Rover updated the charged models

Land Rover updated the charged models

In addition to new technologies, the family of SUVs was added with a hybrid model. The company announced the novelty under the name of Range Rover Sport P400e. It is equipped with hybrid power unit consisting of the 2-liter turbine motor power of 300 hp and one electric rated at 116 hp. The total output of the power plant is 416 hp and 640 Nanometers of torque. The novelty accelerates to the first one hundred ... read more
05 Oct 2017
Ford decreases expenses and stops production of several models

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 ... read more
05 Oct 2017