Lamborghini Aventador Ultimae

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Thursday 30 November 2023

ACEA, at COP 28 the roadmap for a competitive mobility ecosystem

On the eve of the COP 28 climate conference in Dubai and ahead of next year's European elections, the European Automobile Manufacturers Association ACEA has unveiled a manifesto and roadmap for a competitive mobility ecosystem, co-signed by the CEOs of major European manufacturers. According to the association, given the scale of the transformation, no single player will be able to transform the entire mobility ecosystem alone. Through its manifesto, ACEA proposes a roadmap based on three pillars: supply chains, production and demand, which the automotive industry will have to ...

Thursday 30 November 2023

Alfa Romeo to start supplying 850 Tonale to the Italian State Police

The first Tonale to join the Italian State Police's fleet of cars was symbolically delivered yesterday at the Alfa Romeo Style Center in Turin. Equipped with a 163-hp 1.5-liter gasoline hybrid engine with a 7-speed automatic transmission, ballistic and shatter-proof protection and equipped with the technological "Mercurio Extended" system used to speed up controls during operational interventions, it will be distributed to the general prevention and public rescue offices of all police headquarters and main police stations starting in December. In total, there will be 850 cars that ...

Thursday 30 November 2023

Argentario Golf Wellness Resort new Italian Luxury Hub for Mercedes-Benz

The Argentario Golf Wellness Resort in Porto Ercole ( Grosseto, Italy) is a new landmark in the constellation of Luxury Hubs mapped out by Mercedes-Benz Italy throughout the country. A selection of exclusive locations that share the same values of the Stuttgart-based company and manage to convey them with consistency and immediate recognizability. With its 77 hectares of unspoiled landscapes in the Tuscan Maremma, in addition to being one of the most appreciated golf clubs in Italy, the resort is a virtuous example of sustainability, a value that starting from the ...

Thursday 30 November 2023

B2C auto parts e-commerce up 20% in 2022

The second edition of the study carried out by ANFIA-Aftermarket in collaboration with GiPA that analyzes online auto parts purchasing activities was presented in Turin. In 2022, spare parts e-commerce maintained an upward trend compared to 2020, and spare parts dealers continue to invest in this channel, where they realize 25 percent of their turnover - 15 percent when considering the total turnover of all surveyed spare parts dealers, including those who do not use e-commerce. This second edition of the study published for the first time in 2021 shows that ...

Thursday 30 November 2023

BMW-Mercedes in joint venture for joint HPC charging network in China

BMW Brilliance Automotive and Mercedes-Benz Group China have reached an agreement to establish a 50:50 joint venture in China to operate a high-power charging network and provide premium charging services to Chinese customers. The two companies will apply experience gained from global and Chinese charging operations as well as in-depth knowledge of the Chinese new energy vehicle (NEV) market to provide fast, convenient, reliable charging solutions tailored to the local market. The joint venture aims to establish a network of at least 1,000 high-power charging stations with about ...

Thursday 30 November 2023

Carfax with ACI for verification of restrictions on used cars

Carfax, in collaboration with the Automobile Club of Italy, has introduced two new functions in its portal thanks to which users can obtain information regarding any mortgages or driving restrictions on the used vehicles they intend to purchase. These two new checks, already available to users throughout Italy, allow users to know in advance if there is a mortgage on the vehicle with consequent financial obligations, as well as have visibility of any administrative detentions and other restrictions on the circulation of the same, for a more informed purchase decision ...

Thursday 30 November 2023

De Meo (ACEA): in 2024 BEV at 20% market share in Europe

The market share of electric vehicles in the European Union will grow by 43 percent in 2024 driven by a wave of new models. These are the predictions of ACEA, whose newly-elected President Luca de Meo said that "BEV share will rise to 20 percent in 2024 from the projected 14 percent in 2023, although the overall market will probably grow only slightly next year." De Meo, who is CEO of Renault Group, said affordable BEV launches will help increase the share: "There will be an effect produced by this ...

Thursday 30 November 2023

From Cassa Depositi e Prestiti 140 million euros to CA Auto Bank to accelerate green transition

Facilitate access to credit for Italian small and mid-cap companies to purchase 5 thousand zero- and low-emission vehicles. This is the goal of the new 140 million euros senior unsecured bond privately placed by Crédit Agricole Auto Bank and fully subscribed by Cassa Depositi e Prestiti (CDP) to accelerate the green transition in the automotive sector. In detail, the funds made available by CDP will be fully deployed by CA Auto Bank for new loans of up to 10 million and no less than 12 months in duration to ...

Thursday 30 November 2023

GM, UAW strike will bring 575 dollars increase in costs per vehicle

General Motors said new labor contracts resulting from the agreement with the UAW union in North America will lead to a cost increase of 9.3 billion dollars, an average of 575 dollars per vehicle. Although this estimate is higher than originally projected, GM executives said they see upward movement in the Group's profitability for this year. The automaker reset its earnings guidance for 2023 and said it will buy back 10 billion dollars in shares from its shareholders while increasing dividends. The six-week UAW strike cost GM about ...

Thursday 30 November 2023

Honda plans to reduce the cost of electric motorcycles by 50%

Honda Motor held a press conference in Tokyo yesterday on the initiatives the company plans to undertake in the electric motorcycle sector. The Japanese automaker revised its annual electric motorcycle sales target for 2030 to 4 million units, a growth of 500,000 units from what was announced last September, and will further accelerate efforts to popularize e-bikes. This year, Honda began sales of three new electric bicycle (EB) models, including the "Cub e:" in China and the "EM1e:" electric scooter in Japan and Europe. In addition, Honda will globally ...