Suzuki Jimny off-road version sells for 1.76 million baht
Jimny off-road version While the Jimny Off-Road Edition's name may suggest there may be some additional features to make it more off-road worthy, the mechanics are the same The Jimny has always been one of the most popular mainstream off-road vehicles on the planet, with a loyal fan base since its inception. The latest iteration of the Jimny has been a hot topic, with the Jimny being discontinued in many major markets including Europe due to non-compliance with changing emissions standards. However, Suzuki has launched the off-road version of the Jimny in Thailand with a starting price of 1.76 million baht, which is roughly equivalent to 43.28 million rupees at today's exchange rate. The Jimny Off-Road Edition has many of the attributes we saw in the Rhino Edition. Let's take a closer look at all the new content. Jimny off-road version Jimny off-road version Since the name of this car is Jimny Off-Road Edition, one might expect a lot of…
General Motors sells stake in United Battery Plant to LG for $1 billion
The carmaker expects to fully recoup its investment in the production site go through Brad Anderson December 3, 2024 08:30 General Motors and LG Energy Solution remain committed to building two more large electric vehicle battery plants in the United States. Now owned by LG, the battery maker will supply battery packs to another automaker. Despite parting ways, GM and LG are still developing new, advanced prismatic batteries. General Motors is selling its stake in one of the four major U.S. electric vehicle battery plants to LG Energy Solution. The plant is under construction near Lansing, Michigan and is expected to open in the coming months. Construction on the site, owned by General Motors and LG through their Ultium Cells joint venture, will begin in 2022. The companies also have battery plants in Spring Hill, Tennessee, and Warren, Ohio, and GM also plans to establish a joint venture battery plant with Samsung SDI in New Carlisle, Indiana. READ: General Motors…
Bernie Ecclestone sells his extraordinary F1 car
At least 17 Ferraris will be sold, including the company's first F1 GP title go through Brad Anderson 17 hours ago The collection includes no fewer than 30 Brabham Racing cars owned by Ecclestone between 1972 and 1988. One of the most rare cars in the collection is the 2002 Ferrari F2002 driven by Michael Schumacher and Rubens Barrichello. Many of the cars in Ecclestone's collection have not been seen for decades. Former Formula One guru Bernie Ecclestone is selling his collection of 69 historic Grand Prix and Formula One cars worth well over $100 million. The British business magnate has kept his collection hidden from prying eyes for decades, but he has just appointed Tom Hartley Jnr to sell every racing car he owns. This is considered to be the finest collection of Grand Prix and F1 cars in the world, some of which have been owned by Ecclestone for more than five years. Many of the items had…
Nissan parts manager sells $575,000 lift kit on Facebook
A dealership employee's daring scheme turns a trusted character into a $575,000 scandal. Proceeds from the sale of fraudulent lift kits were directed to personal PayPal accounts. The employee responsible for the fraud will be sentenced in federal court on December 12. Parts managers at local dealerships rarely become the focus of federal fraud cases, but this one certainly breaks that pattern. What started as a small side job for Robert McLane, the former director of parts and service at Formula Nissan in Barre, Vermont, evolved into a $575,000 initiative that could land him a job. 20 years in prison. Is he suspected of committing a crime? Dealer funds were misused to stock lift kits and flip them privately for a profit, while Formula Nissan unknowingly paid for them. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("0f7e3106 -c4d6-4db4-8135-c508879a76f8"); } else { adpushup.triggerAd("82503191-e1d1-435a-874f-9c78a2a54a2f"); according to automotive newsMcLean, who was hired by Formula Nissan in…
Hertz sells nearly new Maserati Grecale SUV for $45,000
The cheapest Grecale for sale from Hertz has just 12,544 miles and an asking price of $41,269 go through Brad Anderson November 23, 2024 16:00 Hertz's used Maserati Grecales start at $41,000, which is lower than most SUVs in its class. The Italian luxury model's new entry-level GT model starts at $69,900. Most of Hertz's used cars have less than 20,000 miles on them. Want to cruise around in a used Maserati Grecale for the same price as a fully loaded Toyota RAV4 Hybrid? Well, now's your chance. Hertz is selling more than 180 (as of this writing) pre-lease Grecale SUVs across the state, most priced under $45,000. Tempting, right? But before we pull the trigger, let’s put the brakes on. As with any lease-before-purchase, there's a certain risk associated with such an attractive price tag - especially when it involves a premium badge like a Maserati (and one that can be expensive to maintain). After all, we all know…
BMW M4 CS sells for more than $500,000 in Singapore
With such a hefty price tag, M4 CS models are likely to be rare in the small island nation. go through Brad Anderson 17 hours ago The extreme version of the M4 is lighter and more powerful than the regular M4. Singaporeans must pay more than US$100,000 to obtain a 10-year vehicle license. Buying a regular Toyota Camry Hybrid in Singapore costs more than $180,000. The BMW M4 CS has just arrived in Singapore, and like other markets, it brings a host of performance upgrades over the standard M4. It also comes with a sticker price that makes it almost as expensive in the U.S. as the new Lamborghini Revuelto. Singapore is one of the most expensive countries to buy a car, and anyone looking to buy an M4 CS will have to spend at least S$702,888, which equates to about $523,000 at current exchange rates. To put that into perspective, the M4 CS costs about $125,000 in the United…
Nissan cuts 9,000 jobs in May, sells Mitsubishi shares
Nissan has announced major cost-cutting measures, including job cuts and reductions in global production capacity. Chief Executive Makoto Uchida admitted the company's sales forecasts were too ambitious and now need to be adjusted. The company aims to expand its hybrid lineup in the U.S. and accelerate development for greater flexibility. Nissan CEO Makoto Uchida has just announced a series of sweeping changes aimed at steering the company through turbulent times. The Japanese automaker will cut 9,000 jobs, reduce production and sell most of its stake in Mitsubishi. On top of that, Uchida and some other executives are taking pay cuts. Nissan appears to be in a very serious "emergency mode," with all signs pointing to a period of major restructuring and soul-searching. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); The layoffs will involve 9,000 employees, accounting for approximately 6.7% of Nissan's global workforce, affecting…
MG Windsor sells 3,116 units, becoming best-selling electric car in 2019
JSW MG Motor India launched its first smart CUV, the Windsor EV, in September 2024. Within a month of sales starting, the CUV's sales in India exceeded the 3,000-unit mark. Last month, MG delivered 3,116 Windsor units, accounting for about 30% of the company's total passenger car electric vehicle sales in India. This also means that Windsor EV is the best-selling electric car in October 2024. MG sold 7,045 vehicles last month, a year-on-year increase of 31%, setting the highest sales volume since the company was founded. In the same period last year, the company sold 5,108 vehicles. MG said its "focus on sustainable transportation solutions for a cleaner tomorrow" has achieved "encouraging results", with its new energy vehicle (NEV) portfolio accounting for 70% of total sales. Also read: New MG Hector 7-seater model launched in India, price starts at Rs 19.72 lakh MG Windsor Electric: Technical Specifications India's first smart CUV, Windsor EV, comes in three variants: Excite, Essence…
Hertz sells fleet of Shelby Mustang Mach-Es for top dollar
Hertz Rent-A-Car has over 50 Shelby Mustang Mach-E GTs for sale. Regardless of condition or mileage, each will cost at least $65,000. The Shelby moniker and rarity may make these cars worth the money. Hertz is now preparing to sell part of its Shelby Mustang Mach-E fleet. The cars have special Hertz liveries as well as some unique parts. Sure, the $65,000 price tag might seem a bit steep, but for those who remember how Hertz's past exclusives have appreciated in value, it might not be entirely out of character. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); This isn't Hertz's first foray into the high-performance car rental business. Back in the 1960s, the company ran its legendary "Rent-A-Racer" program, offering Shelby Mustangs to anyone who wanted to experience high-octane fun, without the need for a dealership. The program didn't last long, but the concept…
General Motors sells more than 300,000 electric vehicles in U.S.
General Motors is one of the major proponents of electric vehicles, and the automaker has sold more than 300,000 electric vehicles in the United States since 2016. In the third quarter, they ranked second in the electric vehicle sales race, driven by strong demand for the Cadillac Lyriq, as well as the Chevrolet Blazer EV and Equinox EV. General Motors is about to launch a variety of electric vehicles, including the new Chevrolet Bolt and various Cadillac vehicles. The electric revolution is moving slower than many automakers expected, but it's still gaining momentum. This is evident when General Motors announced that they have sold more than 300,000 electric vehicles in the United States since launching the Chevrolet Bolt in late 2016. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); While that specific model no longer exists, GM's electric vehicle lineup has exploded in the past…
Want a Ferrari F80? Reseller sells build slot for $6.3
The F80's hybrid twin-turbocharged V6 engine has a total output of 1,184 horsepower and is limited to 799 units go through Brad Anderson October 28, 2024 09:10 Is anyone willing to pay the $2.3 million premium to get an F80 allotment? The F80's predecessor - the iconic LaFerrari - is extremely rare, limited to just 399 units. Sales of all 799 units of the Ferrari F80 hybrid supercar appear to be no problem, with recent confirmation that the entire production process has been considered ahead of its public debut. Not all buyers are private enthusiasts, however, as a dealer in Germany has just listed a build location, and it's priced significantly higher than the car's MSRP. In the U.S., the F80 starts at an eye-watering $3.9 million, though we suspect that once customers start personalizing their cars and ordering expensive options, the vast majority of models will cost much more than that. The German dealer is trying to sell the…
Exhibitor recommendation｜Jinhai Regent, mainly sells “Yingpeng” cleaners, dryers and other commercial products! The best-selling brand is strong!
Exhibitor recommendationHuazhan · The 2024 Wuhan International Hotel Supplies and Catering Industry Exhibition successfully concluded recently. Many high-quality enterprises such as Guangdong Jinhai Regent Technology Co., Ltd. participated in the exhibition through the exhibition platform, they expanded their brand awareness and achieved cooperation intentions with some professional buyers. In order to help partners further strengthen their corporate influence, we will recommend some exhibitors here.Guangdong Jinhai Regent Technology Co., Ltd.Guangdong Jinhai Lijing Technology Co., Ltd. mainly sells "Yingpeng" commercial cleaners, dryers and accessories.Presentation of the brand“Yingpeng” is a top-selling cleaning product brand in China. It focuses on the research and development, production and sales of commercial cleaning agents and has strong strength. The company brings together industry elites and emphasizes research and development as priority. It is expected to invest more than 10 million yuan in research and development funds every year. The company has always adhered to the business philosophy of excellent technology, excellent quality, safe use and five-star service,…
Stellantis sells Arizona test site to cut costs
Company confirms it is selling testing facility as it will "increase efficiencies" go through Brad Anderson 18 hours ago In an effort to cut costs, Stellantis decided to sell its Arizona test site. The automaker purchased the site from Ford back in 2007 and is expected to use a Toyota-owned proving ground, also in Arizona. Stellantis' Arizona proving ground purchased for $35 million. It has not yet been revealed who will purchase the facilities or at what price the transaction will be made. Nonetheless, the brand confirmed in a statement that the sale would help it "increase efficiency." READ: UAW launches 'ShitcanCarlos.com' as Italian workers strike "Stellantis will continue to look for opportunities to increase efficiency and optimize its footprint to ensure future competitiveness in today's rapidly changing global marketplace," the brand confirmed in a statement to CNBC. The plant employs 41 people, 37 of whom are hourly employees represented by the United Auto Workers (UAW) union. The automaker said…
Media 10 sells 100% optical products to CloserStill
Media 10 announces the sale of 100% of Optical to CloserStill Media. The deal is the second time the privately held organizer has divested a major trade show, following Clarion's acquisition of Design Shanghai in 2019. Launched in 2014, 100% Optical has quickly become the industry's leading event in the UK, attracting over 10,000 visitors each year and occupying almost 20,000 square meters of space at ExCeL. It will next be held from March 1 to 3, 2025. The sale is another major move for Media 10, which remains one of the UK's few large-scale independent organizers and has proven they are experts in creating, growing and selling large-scale events across multiple verticals. Speaking about the 100% Optical deal, Media 10 CEO Lee Newton said: “We never intend to sell any event, but sometimes as a business we can't refuse some offers. Our philosophy has always been to put on the best events possible, make them world-class and if they…
The average new car sells for $48,000, but buyers just want to spend money
Almost half of new car buyers expect to spend $35,000 or less, while a similar number say they will work overtime to afford a new car go through Chris Chilton September 29, 2024 11:00 A new study highlights the gap between the cost of a new car and the price buyers can expect to pay. Edmunds found that 48% of buyers want to spend less than $35,000, but the average price of a new car is $48,000. More than half of those surveyed said they would work more hours or get a second job to afford a car. Car buyers returning to dealerships for the first time since before the pandemic were hit hard. Nearly half of those budgets cost less than $35,000, which was the average price of a new car in 2018. The problem is, while the average cost of a new car has dropped over the past 24 months, it's still a whopping $47,716. researcher edmonds Revealing…
The final air-cooled Porsche 911 Turbo sells for an astonishing price
This gorgeous and highly personalized 993 Turbo is the last air-cooled 911 to leave the factory go through Brad Anderson 15 hours ago This 993 Turbo gets the coveted WLS 2 upgrade, which features a more powerful engine and a larger fuel tank. The stunning blue exterior is complemented by a luxurious night blue leather interior. This was the last air-cooled 911 to leave the Porsche factory, adding to its value and appeal. It's been 26 years since the last air-cooled Porsche 911 rolled off the assembly line, but fans still rave about the 911s of this era and what made them great. Earlier this month, one of the last air-cooled 911s produced appeared at auction and sold for over $800,000, proving that demand for these vehicles remains high. The car is a 1998 Porsche 911 Turbo Coupe, chassis number WP0ZZZ99ZWS370750. This particular 993 rolled off the assembly line on March 27, 1998, just four days before the scheduled end…
Hyundai India sells over 5.13 lakh vehicles in first eight months
In August 2024, Hyundai Motor India Limited (HMIL) reported total sales of 63,175 units (49,525 domestic and 13,650 international). The South Korean automaker also reported total sales of over 5.13 lakh units in the year to date (January-August 2024), up 2.06% year-on-year. Commenting on the brand's performance in August, Tarun Garg, Whole-time Director and COO, HMIL said, "SUVs led by models like Creta, Venue and Exter remain the key growth drivers for HMIL in 2024, contributing 66.8% to domestic sales. We are about to launch the bold new 6 and 7-seater SUV Hyundai Alcazar, which we are sure will receive a strong response during the festive season." Also read: Hyundai Aura Hy-CNG E model launched in India, priced at Rs 7.49 lakh, with two-cylinder configuration Hyundai Alcazar will be launched in India on September 9 Hyundai India will launch the facelifted Alcazar on September 9. The car will be available in four different variants and nine paint finishes. The Creta-based…
Xiaomi loses $9,200 on every electric car it sells, but still performs better
According to reports from China, the brand may launch its second model in just two months go through Brad Anderson 20 hours ago The Chinese tech giant delivered 27,307 vehicles in the second quarter of this year. In the second quarter, Rivian lost more than $32,000 on each vehicle it sold, while Ford's electric division lost $47,600 on each electric vehicle it produced. Analysts believe Xiaomi could reach its break-even point when annual sales reach 300,000 to 400,000 vehicles. Developing, manufacturing and selling electric cars is an expensive business, something Chinese tech giant Xiaomi has learned by losing millions of dollars on the launch of its SU7 sports sedan. However, on a per-car basis, it is performing much better than some more established brands. Xiaomi's automotive division reported an adjusted loss of $252 million for the second quarter ended June 30. This was the company's first full quarter of deliveries ever. In April, May, and June, Xiaomi delivered 27,307 electric…
Iconic Ferrari sells for a staggering $17 million
This is one of only three Ferrari 250 GT California Spiders built with a competition-grade V12 engine. go through Brad Anderson 11 hours ago Ferrari showed this 250 GT California Spider at the 1960 Geneva Motor Show. The car was driven on the Nürburgring and is one of only 56 prototypes ever built. A Philip Morris executive was one of the 250 GT's previous owners. The first Ferrari 250 GT SWB California Spider built by Scaglietti has sold for a staggering $17,055,000 at an auction in Monterey. So what’s so special about this Ferrari and why is it so valuable? Of all the Ferrari models, few are more iconic than the 250 series. The car enjoyed great success in racing throughout the 1950s, and California importer John von Neumann came up with the idea for Ferrari to build a convertible version, something it could race and then drive home. Soon after, the 250 GT LWB California Spider was born, limited…
Toyota now sells bulletproof Corolla and Hilux models
Toyota Brazil currently offers armoring services for models such as the Corolla and Hilux, which are carried out by certified experts. Both new and used vehicles can be upgraded with armor to protect against attacks. Despite falling crime rates, Brazil's 39,500 homicides last year still fueled demand for armored vehicles. When you think of armored vehicles, you probably think of large SUVs like the Cadillac Escalade or luxury flagship sedans like the BMW 7 Series. But in Brazil, customers can now get the same level of protection on a Corolla, thanks to a new option offered by dealers. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); Toyota Brazil has partnered with local armoring specialists Avallon, Carbon, Evolution Blindagens and Parvi Blindados to offer this option for both new and used vehicles. Interested customers can contact their local Toyota dealer to have their vehicle sent to the armoring…
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