Audi AG and Volkswagen AG are close to closing an investment in the automotive giant, as the two companies negotiate a potential $13 billion deal that could help both brands remain competitive in the global market.Audi AG is the largest automaker in Europe with a market share of more than 20 per cent.It has invested…
The best car insurance for a Tesla Model 1, an electric car that debuted in June 2016, is still up in the air, with many people still deciding on whether they want a Tesla or Ford Focus.The two vehicles have different pricing models, with the Tesla offering $70,000 in total coverage while the Ford Focus…
Posted July 25, 2018 04:22:40The world is currently in the midst of an epic car boom with a slew of new, high-tech models in the pipeline that have seen the average price of a new car in the US double from $150,000 to $200,000.But while the demand for these new cars is great, so too…
By Andrew Siff article By AUSTIN (Reuters) – Donald Trump will make a major campaign speech on Saturday that will focus on his efforts to boost his poll numbers, while his rival Ted Cruz and his Republican allies are trying to make it more difficult for him to win.Trump is scheduled to deliver a stump…
There are more than 2,000 1960 cars in Singapore.They are all owned by the government and are all in good working order.But, when you buy one of these cars, you will be required to pay a tax on top of the value of the car.If you are under 25, this tax is 2,500 Singapore dollars…
The Cadillac Escalade is being driven by a man who has been arrested in Canada.The Crown alleges the car was the property of a man in a cottage in the town of Prince Edward Island.A man was arrested in Prince Edward last week.Police say he’s wanted in connection with the stolen car.He’s expected to appear…
The Tesla carmaker, which has been plagued by production issues, is going to offer an interactive calculator that lets you compare its latest models.The new Tesla calculator, which will be available on the company’s website, is an update to the one released earlier this year, when Tesla had to delay some production dates to accommodate…
Toyota Motor Corp. is selling off about 5.5 million vehicles a year through 2021, as the Japanese automaker tries to turn around a slowing economy.The company says its net sales in 2021 are expected to be around 5 million cars and trucks.The automaker said it sold about 566,000 vehicles in 2021.The company said in a…
Volkswagen is getting into the new car business, buying new car parts supplier Schaumburgh Honda in a deal worth about $12.8bn (£9.6bn) according to Reuters.The deal will see the UK-based company expand its manufacturing capacity in Europe by 30% and increase its workforce by 100 people.The German automaker plans to build the cars in its…
FourFourSeconds ago, Mercedes-Benz unveiled the latest iteration of the Maserati Maseratis and the brand’s Maserattore is the latest addition to the A-class lineup.The new Maserata will get a 6.2L twin-turbocharged V8 engine, which produces 600 hp and 800 Nm (330 lb-ft) of torque.The Maseratti will also get a new 6.5-liter V12 engine, producing 450 hp…
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