Auto

The 2017 Mercedes-Benz GLC Coupe

Vehicle Overview You won’t see it in showrooms until early 2017, which should be enough time to get used to calling this hatchback a coupe. There is only one engine/transmission: a 241-hp turbo four with a nine-speed automatic and all-wheel drive. Standard equipment includes a sunroof, a power liftgate, keyless ignition, and a 7-inch infotainment […]

Is Evan Spiegel, Creator of Snapchat, The Highest-Paid US Chief Executive Of 2017 With Total Remuneration Of $638m?

Investors Reward Telsa And Amazon With Higher Market Caps Compared To Their Peers

Tesla the upstart electric carmaker for example has roared ahead of Ford and has now surpassed the US motor pioneer in market value, as investors look to a future beyond the internal combustion engine. Analysts however are not convinced of the sustainability of this as they remind investors that Ford earns money, lots of it […]

Is Evan Spiegel, Creator of Snapchat, The Highest-Paid US Chief Executive Of 2017 With Total Remuneration Of $638m?

Toyota To Invest £240m Upgrading UK Factory Making Auris And Avensis Models

Toyota is to invest £240m in upgrading its UK factory that makes the Auris and Avensis models. The Japanese carmaker says its investment in the Burnaston plant near Derby will allow production of vehicles using its new global manufacturing system. The factory currently employs about 2,500 people, while another 590 work at Toyota’s engine plant […]

Is Evan Spiegel, Creator of Snapchat, The Highest-Paid US Chief Executive Of 2017 With Total Remuneration Of $638m?

The Criminal Acts (VW diesel emissions scandal) Occurred In Both Germany And The United States – Manfred Doess

Volkswagen has pleaded guilty to three charges as part of a $4.3bn agreement with the US regulators over the diesel emissions scandal. The German car maker has pleaded guilty to conspiracy to commit fraud, obstruction of justice and entry of goods by false statement. VW general counsel Manfred Doess told a court in Detroit that […]

Is Evan Spiegel, Creator of Snapchat, The Highest-Paid US Chief Executive Of 2017 With Total Remuneration Of $638m?

PSA Group, Maker Of Peugeot Cars, In Talks To Buy General Motors’ Loss-Making European Business Opel.

UK and German governments are seeking to safeguard jobs in the potential merger of the Vauxhall and Peugeot carmakers. Ministers have raised concerns after PSA Group, maker of Peugeot cars, said it was in talks to buy General Motors’ loss-making European business Opel. Business Secretary Greg Clark says he intends to make a “strong case” […]

Is Evan Spiegel, Creator of Snapchat, The Highest-Paid US Chief Executive Of 2017 With Total Remuneration Of $638m?

US Workers At General Motors Set To Receive A $12,000

US Workers who earned hourly pay at General Motors are set to receive a $12,000 bonus after the firm made a profit of $12bn in North America. This follows a 2011 profit sharing deal negotiated between GM and the United Automobile Workers union worth up to $1,000 per $1bn of profit the company makes in […]

Is Evan Spiegel, Creator of Snapchat, The Highest-Paid US Chief Executive Of 2017 With Total Remuneration Of $638m?

Magna Motors Launches Hyundai Showroom

Magna Motors Dealership Limited last night launched their new Hyundai showroom on Old Hope Road in Kingston. According to Magna’s Managing Director, Juan Vargas, the new showroom represents Magna’s commitment to the development of Jamaica’s automotive industry. He says since the company has plans to double its initial investment of $10 million in the country […]

Younger Buyers Showing Less Interest In Owning Cars Than Older Generations