Automobile

Bloomberg Porsche AG, its name synonymous with sports cars, is gaining traction in the shift to electric autos. The Volkswagen AG unit said 60 percent of buyers of its revamped Panamera four-door coupe opted for the partly battery-powered version from its sales start in June through October. The brand is now rolling out the vehicle in China and the US, ...

Bloomberg Self-driving vehicles will be ready to roll next year, though the work to make them affordable to individual consumers is still “in the first inning,” according to the CEO of a company working on the technology. Initial autonomous auto customers will be businesses deploying delivery vehicles and robot taxis, said Kevin Clark, the chief executive officer of Delphi Automotive ...

Emirates Business Jaguar is broadening the appeal of the new F-TYPE with the introduction of the state-of-the-art four-cylinder Ingenium petrol engine. The award winning F-TYPE family now spans from the entry-level four-cylinder model to Jaguar’s 200mph all-weather supercar – the F-TYPE SVR. The pairing of Jaguar’s all-aluminium two-seat sports car with the advanced 300PS 2.0-litre turbocharged powerplant delivers Jaguar sports ...

Emirates Business From the moment Sir Henry Royce introduced the Rolls-Royce Phantom in 1925 it was judged ‘The Best Car in the World’ by the cognoscenti. As a result it has conveyed some of the world’s most influential and powerful men and women to the most defining historical moments over the last 92 years. Every new Phantom that has subsequently ...

Dubai / Emirates Business One hundred years ago, in 1917, Ford Motor Company set off on an adventure that would change the automotive industry forever. It began with the Model TT, a truck based on the hugely successful Model T car, and grew, over the course of a century, into the world’s best-selling truck brand. Over the years, Ford trucks ...

Dubai / Emirates Business Arabian Automobiles Company, the flagship company of AW Rostamani Group and the exclusive dealer for INFINITI in Dubai, Sharjah and the Northern Emirates, had unveiled the completely redesigned QX60 to the region. For MY2017, the model features additional enhancements that are aimed at empowering the driver with a more premium experience – a model that redefines ...

  Bloomberg After practically inventing the sport utility vehicle, Jeep is missing out on the segment’s latest boom. While SUV sales in the US jumped 11 percent over the past four months, Jeep saw its volume drop 10 percent. One of the problems: A lack of supply that’s kept dealers waiting for the all-new 2017 Compass compact crossover, which replaces ...

  TORONTO / AP Ford Motor Co. will hire approximately 400 employees from software company BlackBerry Ltd. as part of sizable new investments in Canada that include a connected-vehicle research center in Ottawa, company officials said. Ford said the Ottawa research center is part of a $500 million Canadian (US$376 million) investment. It comes amid a race by automakers to ...

  Bloomberg As investor panic spreads about the plunging prices of used cars in the US, one company and its high-profile top investor are enduring the biggest beating: Hertz Global Holdings Inc. and billionaire Carl Icahn. Hertz shares lost one fifth of their value last week, as a troubling reading for a used-vehicle price index was followed by warnings that ...

  DEARBORN / AP Just because President Trump may weaken US fuel economy requirements, don’t expect gas guzzlers like the giant 13 mpg Hummer H1 to make a comeback. Executives from automakers and suppliers gathered at a conference outside of Detroit said looser fuel economy standards might allow for sales of more trucks in areas where they’re popular. But otherwise, ...