Mazda 6 2.5 GT Sport Nav+: long-term test review

First report: Is the non-turbo Mazda 6 saloon a throwback like a classic camera?Verdict4The Mazda 6 treads its own path with its rather outdated engine, but that’s not necessarily a bad thing. Its mix of comfort and driving engagement has won over at least one member of the team, but we’ll see over the next six months if it has real lasting appeal.

Our new Mazda 6 saloon has been welcomed to the fleet by going straight in at the deep end: a 2,000-mile drive down to Italy on its first week Continue reading “Mazda 6 2.5 GT Sport Nav+: long-term test review”

Tesla Model 3s, electric pickup, LA debuts, and wind power: The Week in Reverse

2018 Tesla Model 3

What company will show a new electric pickup later this month at the LA Auto Show?

How many miles will the new Subaru Crosstrek Hybrid go on its battery power?

And which car won Green Car Reports Best Car To Buy competition for 2019?

This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending November 16, 2018.

Tesla Model 3 dashboard in Autopilot testing with IIHS [CREDIT: IIHS]

 

This week was all about Continue reading “Tesla Model 3s, electric pickup, LA debuts, and wind power: The Week in Reverse”

2020 Aston Martin DBX, 2020 Audi RS 7, 2020 BMW M340i: This Week’s Top Photos

2020 Aston Martin DBX prototype

Aston Martin finally gave us a look at its long-awaited SUV, which the automaker has confirmed will be called a DBX. Some readers will recall that DBX was also the name of a 2015 concept vehicle previewing the SUV. A launch date is pegged for late 2019.

2019 Chevrolet Corvette ZR1

We named the Chevrolet Corvette ZR1 the Motor Authority Best Car To Buy 2019. Overwhelmed by its power, blown away by its dynamics, and stirred by its Hot Wheels-like Continue reading “2020 Aston Martin DBX, 2020 Audi RS 7, 2020 BMW M340i: This Week’s Top Photos”

SMMT Reacts To Brexit Deal…

The Society of Motor Manufacturers and Traders (SMMT) is one of the largest and most influential trade associations in the UK. It supports the interests of the UK automotive industry at home and abroad, promoting a united position to government, stakeholders and the media.

The automotive industry is a vital part of the UK economy accounting for £82 billion turnover and £20.2 billion value added. With some 186,000 people employed directly in manufacturing and 856,000 across the wider Continue reading “SMMT Reacts To Brexit Deal…”

How SUVs will boost Ferrari, Aston Martin, other ultraluxury brands

November 17, 2018 06:01 CET

Ultraluxury automakers are gambling that they can keep their exclusivity while increasing production and breaking into new market segments such as SUVs.

High-end brands such as Ferrari, Aston Martin, Bentley, Lamborghini and Rolls-Royce are shifting away from the body types that have defined their brands — Lamborghini with two-seat supercars, Aston with fast touring coupes and Rolls-Royce with sedans – into growing segments such as SUVs.

“They have Continue reading “How SUVs will boost Ferrari, Aston Martin, other ultraluxury brands”

Maserati profit slide, lack of new products is a headache for Fiat Chrysler CEO Manley

November 17, 2018 06:01 CET

MILAN — Fiat Chrysler Automobiles’ slumping Maserati business is a headache for new CEO Mike Manley after the brand’s profitability and vehicle sales went into a steep slide. Manley has blamed the luxury unit’s problems partly on mistakes that saw it managed “almost as if it were a mass market brand.”

Maserati’s earnings plunged 87 percent to 15 million euros in the third quarter. The brand’s global vehicle shipments fell 19 percent to 8,800 while Continue reading “Maserati profit slide, lack of new products is a headache for Fiat Chrysler CEO Manley”

Auction will be last chance to purchase Bertone memorabilia

1956 Alfa Romeo Giulietta Sprint Bertone

In 2014, the legendary Italian design house Stile Bertone filed for bankruptcy protection. An action to be held on Nov. 17 will mark fans’ last official chance to own a piece of the iconic Italian firm.

Aste Bolaffi has put together one final collection of goodies from Stile Bertone for auction, and there’s a wide variety of things for every budget. More than 240 lots will go up for bid. Items range from photography to signage to clay models and Continue reading “Auction will be last chance to purchase Bertone memorabilia”

What Car? Reviews Merc A Class 2018

The Mercedes-Benz A-Class has been popular since the mark 1 was launched back in 1997.  That is with good reason of course, given that the small hatch has proven to be reliable, good looking and with a rather swish interior.  It also came with a number of engine options, meaning that there was a car for everyone from the eco-motorist through to the petrol head.  But is the revised 2018 car good enough to claim the small family car top spot?  Watch the video from What Car? to find Continue reading “What Car? Reviews Merc A Class 2018”

Make Your Car Awesome with Custom CNC Parts

The modern automotive industry is surely large, a lot of different companies all over the world offer their own designs, models and specifications. However, you could note that despite being manufactured in different companies, the majority of automobile models look pretty much the same. Its either curved with some sharp edges here and there for aesthetics or its angular and looks like a fridge with wheels. This is understandable since the manufacturers must attend strict regulations. However, Continue reading “Make Your Car Awesome with Custom CNC Parts”

FCA agrees to sell Magneti Marelli to KKR’s Calsonic, report says

October 22, 2018 04:27 CET

Fiat Chrysler Automobiles has agreed to sell its car-parts unit, Magneti Marelli, to KKR & Co.’s Calsonic Kansei in the first big deal for the Italian-American carmaker under new CEO Mike Manley, people familiar with the matter told Bloomberg.

An announcement is scheduled for as early as Monday, said the people, who asked not to be identified because discussions are private. The transaction value could be as much as 6.2 billion euros ($7.1 billion), two of the people said, and would end months of negotiations over terms.

Representatives for FCA and KKR declined to comment.

A merger of Magneti Marelli and Calsonic Kansei would create a supplier with more than $17 billion in annual revenue and about 65,000 workers from Tokyo to Milan. The sale is one of the first major milestones for Manley, who took over Fiat days before the death of his predecessor Sergio Marchionne in July. It’s also the first M&A transaction overseen by Chairman John Elkann since his so-called deal “maestro” passed away.

Marchionne, who had initially favored separating the business by distributing shares to investors, had said Fiat was open to changing its mind for a “big check.” Fiat opted for a sale of Magneti Marelli instead of listing on the Milan stock exchange after market conditions deteriorated amid global trade tensions and political uncertainty in Italy, as well as profit warnings from automakers and suppliers.

Deteriorating conditions 

Daimler AG issued its second profit warning in four months on Friday and automotive supplier Continental AG also cut its outlook in August. Volvo Cars in September delayed plans for a share sale, saying the timing is “not optimal,” and Aston Martin’s shares have slumped since its initial public offering.

Fiat could now consider rewarding shareholders with the Marelli sale. The unit could provide Fiat with more than $2 billion in dividends, according to Joel Levington, a senior credit analyst at Bloomberg Intelligence.

Japanese companies have announced more than $200 billion of acquisitions this year, a 60 percent increase from the same period in 2017, according to data compiled by Bloomberg. The deal volume has already reached the highest annual tally in more than a decade, the data show.

Before pursuing talks with KKR, Fiat fielded interest from other potential buyers, including Apollo Global Management, Bain Capital and an unnamed Asian parts supplier, people familiar with the matter said in August.

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