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Audi cuts global car sales outlook on China

2015-07-30 15:51:57| Auto Dealers - Topix.net

Audi lowered its global sales forecast for this year because of slumping demand in China, the premium brand's biggest market. The Volkswagen Group unit said today in a statement it expects global deliveries to increase between 3 and 4 percent this year from the record 1.74 million sales in 2014.

Tags: sales china car global

 

Renault Profit Surges as European Recovery Boosts Car Sales

2015-07-30 11:37:21| Auto Dealers - Topix.net

Renault SA reported a 47 percent jump in first-half earnings on robust demand in Europe for new models like the Kadjar sport utility vehicle. Operating profit rose to 1.07 billion euros from 729 million euros a year earlier, the Boulogne-Billancourt, France-based company said Thursday in a statement.

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North East dealmakers seal the deal for car retailer's exit

2015-07-29 08:46:51| Auto Dealers - Topix.net

Team from Tait Walker and Archers Law advised Malcolm Black on the sale of his Blacks Autos business to Vertu Motors Plc Top to bottom: Tait Walkers corporate finance partner and corporate finance executive, Steve Plaskitt and Chris Hird worked with Bristol Street Motors Tia Saddique, alongside David Adams and Daniel Flounders from Archers Law on the Blacks Auto deal Dealmakers from Tait Walker and Archers Law helped to complete the latest deal for growing car retailers Vertu Motors Plc. The team of North East dealmakers joined to work on the A 1.5m sale of Darlington Skoda dealership Blacks Autos to Vertu.

Tags: north car east deal

 

The cyber backseat driver: Car hackers

2015-07-29 05:32:19| Wireless - Topix.net

Remote, central control of gadgetry is the appeal of smart-home technology, but shoddy Wi-Fi and hackers are among potential pitfalls. Photo: Aleksey Boldin/Fotolia / McClatchy-Tribune News Service The idea of cyber hackers cracking wireless codes to control cars and trucks on the road may have once seemed like a scene out of a futuristic sci-fi flick.

Tags: car driver cyber hackers

 

The Connected Car and Keeping YOU in the Driver's Seat

2015-07-29 01:22:40| Wireless - Topix.net

Remember KITT? KITT was the self-directed, self-driving, supercomputer hero of the popular 1980s television show Knight Rider. Knight Rider was a science fiction fantasy profiling the "car of the future."

Tags: the car keeping connected

 

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