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Nissan recalls nearly 240,000 vehicles
- September 24, 2018
- Posted by: Simon Wait
- Category: Industry News
Nissan is recalling almost 240,000 cars and SUVs around the globe due to a fire risk. According to Automotive News Canada, 19,761 of the vehicles being recalled are in Canada, and 215,124 vehicles in America. Included in the recall are certain 2015 to 2017 Nissan Muranos, 2016 and 2017 Nissan Maximas, 2017 to 2018 Nissan [...] -
World’s first calorie-burning car
- September 24, 2018
- Posted by: Simon Wait
- Category: Industry News
Introducing the FitCar PPV, brainchild of Nasser Al Shawaf, who, together with Dutch engineering partner, BPO, has developed the world’s first calorie-burning car. The FitCar PPV ‘prototype #2’ is based on a standard Audi A4 Avant 2.0L petrol TFSI auto, with the throttle replaced by a bicycle pedal mechanism and mated to a flywheel, which [...] -
Aston Martin prepares for Brexit
- September 21, 2018
- Posted by: Simon Wait
- Category: Industry News
According to Reuters, Aston Martin is seeking a valuation of up to £5.07bn from its stock market flotation. The company has begun to prepare for any outcome over Brexit. Aston Martin said in August that it was chasing an initial public offering (IPO), the first British carmaker to do so for decades. The company will [...] -
Hyundai and H2E enter MOU
- September 20, 2018
- Posted by: Simon Wait
- Category: Industry News
Hyundai Motor Company affirmed at the IAA Commercial Vehicles 2018 in Hanover that it has entered a Memorandum of Understanding (MOU) with Swiss hydrogen company H2 Energy (H2E). Beginning in 2019 and over a five year period Hyundai Motor and H2 Energy will provide 1,000 heavy-duty fuel cell electric trucks and an adequate supply chain [...] -
Automotive UBI to triple growth
- September 20, 2018
- Posted by: Simon Wait
- Category: Industry News
The market for automotive usage-based insurance (UBI) will grow from $28.4bn in 2018 to nearly $96bn by 2025, according to research from MarketsandMarkets. According to the report, the UBI market will increase at an annual growth rate of nearly 19% between 2018 and 2025. The growth of the number of vehicles with telematics and connected-car [...]