Tag Archives: car

I just drove the Tesla Model 3, and it changes everything – the entire world will want this car

Tesla has been promising a great electric car for the masses since its founding, and on Friday that car finally arrived. Before a handoff of the first 30 Model 3’s to owners at Tesla’s factory in California, I got to spend about fifteen minutes behind the wheel of thelatestt car of the future (I had been given a short ride ... Read More »

Will cheap car loans steer Britain to a financial crash?

 The Vauxhall Astra is a favourite among customers of The Car Finance Company. Photograph: Simon Stuart-Miller If you think Britain is teetering on a cliff-edge of impossibly high personal debt, then the website of The Car Finance Company will confirm your worst fears. Maybe you don’t have a job and are on benefits. Maybe you are so hard up you can’t afford ... Read More »

India-China border row: Cong slams BJP after Gujarat’s deal with Chinese car firm

The impact of the Sino-India border stand-off in Sikkim is being felt in faraway Gujarat, where the BJP government signing an MoU with a Chinese automobile firm invited the charge of “betrayal” from the opposition Congress. The Gujarat government on Wednesday signed an MoU with China’s SAIC Motor Corp for setting up a passenger car manufacturing facility at Halol in ... Read More »

Thousands of car finance payments could be hit by economic downturn, analysts warn

Thousands of drivers would be unable to keep up their car payments in the event of an economic downturn, analysts have warned, prompting concerns about a mis-selling scandal. With nearly 90 per cent of new cars sold using finance deals, the majority of which means the owner effectively leases their vehicle for three or four years instead of buying outright, ... Read More »

Jaguar Land Rover and Rolls-Royce car sales rise

Jaguar Land-Rover and Rolls-Royce Motor Cars have both reported a rise in annual sales for 2016. Rolls-Royce delivered 4,011 cars to customers in 2016, a 6% increase on the previous year and its second highest sales record in its 113-year history. Jaguar Land-Rover (JLR) sold a record 583,312 cars last year, a 20% increase on last year. There was particularly ... Read More »

UK car production hits 12-year high with December still to go

Britain built more cars in the first eleven months of 2016 than any full year since 2004, data from an industry body showed on Thursday, putting the sector on course to make more vehicles this year than in any other since 1999. Just over 1.61 million cars were made in the year to November, the Society of Motor Manufacturers and ... Read More »

Apple reveals self-driving car plans

Apple has acknowledged for the first time that it is investing in building a self-driving car. In a letter to US transport regulators, Apple said it was “excited about the potential of automated systems in many areas, including transportation”. It added that there were “significant societal benefits of automated vehicles” to be realised. There have long been rumours about the ... Read More »

Tesla sees jump in car deliveries

US electric carmaker Tesla, which has yet to make a profit, has reported a sharp rise in car deliveries for the past quarter. The firm said it shipped 24,500 cars in the third quarter, up 70% on the second quarter and more than double the number delivered in the same period in 2015. It also confirmed its 50,000 production target ... Read More »

Exclusive – BMW bosses to skip Paris show to thrash out electric car strategy

BMW’s (BMWG.DE) management board is skipping the Paris Motor Show to hold talks aimed at breaking a deadlock over whether to produce new electric cars, including a battery-powered Mini, sources familiar with the matter told Reuters. Spurred on by the success of U.S. rival Tesla (TSLA.O), which has received almost 400,000 pre-orders for its Model 3 car, German carmakers Mercedes-Benz ... Read More »

Leasing A Car For Business Purpose – Is It a Worthy Option?

Often businesses require several different types of vehicles for official purpose. There could be requirement for smaller sized buses for employee transportation purpose. There might be need for super luxury car models to accommodate high end international guests and celebrities. Going for upright purchasing might not be possible all the time. There could be financial constraint, tax related issues, auditing ... Read More »