Automoto Network

Operating profit also improved and marks a + 14.8% increase, growing from 59 to 68 million euros compared with the same period in 2021. The Bologna-based motorbike manufacturer delivered a total of 33,265 motorcycles to enthusiast customers, containing a loss in deliveries of – 3.6% compared to the same period in 2021 (34.515). This result […] July 29, 2022 at 05:30AM

Rolls-Royce continues 2.5 million km testing programme for first electric product, Spectre 625,000 km testing phase in French Riviera region of southern France Spectre tested at Autodrome de Miramas facility and on Côte d’Azur roads Unprecedented processing speeds leveraged for new standard in ride Proprietary smart suspension system confirmed for production Developments in marque’s architecture […] July 29, 2022 at 12:05AM

In 2016, Toyota purchased a 2007 Tundra with over a million miles from its original owner. At the time, the Japanese company explained that it gave Victor Sheppard a new Tundra in exchange for his million-mile truck to help its engineers gain insight on how various parts had held up as they developed the recently-unveiled […] July 23, 2022 at 12:45AM

General Motors will invest $81 million to build its future Cadillac Celestiq electric flagship sedan at GM’s Warren Technical Center, the company said. The Celestiq, which will share battery cells, motors and other components with the Cadillac Lyriq, is slated to begin production in the Detroit suburb in late 2023, according to AutoForecast Solutions. The […] June 19, 2022 at 01:15AM

Kia is Among the Fastest OEMs to Reach the 10 Million Mark in America IRVINE, Calif., May 23, 2022 – Continuing its rapid expansion, this month Kia America celebrates the sale of the 10 millionth Kia vehicle in the U.S. Since start of sales in 1993, Kia’s growth is one of the auto industry’s greatest […] May 24, 2022 at 12:15AM

Audi and its employees are donating Immediately after the war began, Audi donated €1 million: Audi Hungaria provided €250,000 for regional aid projects in Hungary and €750,000 are going to UNO-Flüchtlingshilfe, the German partner organization to the United Nations High Commissioner for Refugees (UNHCR). On site, the money then goes to corresponding regional UNHCR projects. […] May 03, 2022 at 05:30AM

General Motors Co. sold its 7.5 million shares in startup Lordstown Motors Corp. in the fourth quarter, taking a loss on its investment in the struggling electric-truck startup. GM exited the stake over the course of the quarter, a company spokesman said Tuesday. That suggests GM received between about $26 million and $60 million, based […] March 03, 2022 at 06:46AM