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Friday 17 May 2024

33% of Italians ready to buy a new car, hybrid and high-tech

Hybrid, technological and new: this is how Italians envision their next car. Buying a car is already in the plans of one in three (33 percent) and 12 percent are certain to do so within the next 12 months according to estimates from the Compass Observatory - Auto Special, presented at Automotive Dealer Day in Verona. To cope with the purchase almost half of Italians (46%) resort to a financing solution. Not coincidentally, consumer credit continues to drive the purchase of new vehicles, but also used and km0 vehicles: +16% of ...

Friday 17 May 2024

Aiways halts sales in China and new focus on Europe

In contrast to many rivals, which are trying to capture the Chinese market from Europe, Aiways is planning to move away from the domestic market and focus on Europe. After going public through a merger with Hudson Acquisition, a special purpose acquisition company (SPAC), in a deal that is expected to value the Chinese automaker at about 400 million dollars and is expected to be completed by the end of the year leading to a listing on the New York Stock Exchange, Aiways may formally abandon the Chinese market and ...

Friday 17 May 2024

Autolink's stock exchange index up 0.3 percent

After last week's negative close, the Autolink index, which analyzes the stock market performance of major automakers, is back to positive. In fact, during the period May 8th-16th, the panel closed at +0.3%. Thus it still remains positive since the beginning of the year, currently at +16.7%. In the period under review, negative closings only for Daimler, BMW, Faw, Tesla, Mazda, Subaru, Nissan, Mitsubishi, Honda, Kia and Rivian ; positive for all others. Ferrari closes at +0.7%, Stellantis at +5.8%. Even based on previous results, only ...

Friday 17 May 2024

Cadillac expands in Europe by targeting German premium rivals

Cadillac is expanding in Europe, where it has begun direct sales of the electric Lyriq in Germany. General Motors' European subsidiary launched online sales of the Lyriq, a rival to the Mercedes-Benz EQE and Audi Q8 E-tron, in Switzerland last October. Then Cadillac added Sweden and France. The Lyriq will also be sold in the United Kingdom, but the company has not yet said when. "We are positioning ourselves in Europe as a premium performance electric Brand with American roots," GM Europe CEO Jaclyn McQuaid told Automobilwoche. One way Cadillac ...

Friday 17 May 2024

Ducati pays homage to Ayrton Senna with a collector’s limited edition Monster

Ducati pays tribute to Ayrton Senna by presenting a special collector's Monster honoring the Brazilian rider and his extraordinary career. Even the limited number of units is a tribute to the legend: 341. Three, like the World Titles won by Senna in F1, 41 like the GPs he won. The Monster Senna special series is meant to be a celebration of the solid relationship that was established between Ducati and the Brazilian champion. A mutual passion between two motorsport legends that the Borgo Panigale-based company still cultivates today through ...

Friday 17 May 2024

Euro stronger than Dollar, Yen, Franc, Real, Yuan, Rupee and Peso

In the traditional weekly comparison between the euro and major international currencies, the single European currency closed higher against the U.S. dollar, yen, franc, real, yuan, rupee and peso during May 10th-16th. Euro weaker, however, against British Pound, Thai Bath, Russian Ruble, Swedish Krona and Korean Won. During the period, particularly mixed exchange rates characterized trading between the euro and the Yen, Ruble, Real, Krona and Won.

Friday 17 May 2024

In June, the global premiere of the new Bentley Continental GT

The fourth generation Bentley Continental GT will be unveiled in June. It will be the first car built with Bentley's new Ultra Performance Hybrid powertrain. With an output of 782 hp and torque of 1,000 Nm, capable of a range of 80 km in electric mode and a CO2 figure of less than 50 g/km, the new Continental GT marks a significant step forward for Bentley. Not only will it be the most powerful and dynamic road car in the company's 105-year history, but it will ...

Friday 17 May 2024

Italy attractive market for 22 new car brands

The New Brand Observatory - the mapping and detailed study of new brands about to enter Italy or Europe that have at least one electric-powered or plug-in car in their range, presented at Automotive Dealer Day - House of Mobility - tells how Italy, among the more than 60 brands considered, is attractive to at least 22 brands. Of these, 9 are present by 2020, the other 13 interested in the domestic market largely by 2024. Crossing national borders, the scenario shows another 8 brands, among those already present and entering other European ...

Friday 17 May 2024

More than 10 showrooms for Lancia's return to Spain

The Lancia team and the brand's CEO met for the first time with dedicated investors from Spain, the other European country that after Belgium, Luxembourg and the Netherlands will inaugurate the brand's return to Europe by introducing the new Ypsilon to the market. Lancia's distribution network in Spain will consist of more than 10 showrooms operating for the launch of the new Ypsilon. Lancia will then enter France and, in 2025, Germany. "We are moving forward at a fast pace on the path toward Lancia's return ...

Friday 17 May 2024

New 2.0-liter 4-cylinder with 360 hp for the Lotus Emira in Europe

The Lotus Emira First Edition with a four-cylinder engine can now be ordered in Europe. Along with the V6, the new 2.0-liter turbocharged four-cylinder enriches the engines available for the Lotus sports car. The new engine, supplied by technical partner Mercedes-AMG, boasts state-of-the-art technologies to ensure sporty performance as well as greater efficiency. The eight-speed dual-clutch transmission, a technology adopted by Lotus for the first time, ensures quick shifts without torque gaps, thus improving responsiveness and ride comfort, offering a smoother driving experience. The engine offers a perfect balance ...