Automotive Sector, Lithium-Ion Battery Market

USA – Lithium-ion batteries are the source of choice of power for electric vehicles around the globe. The widespread use of electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) has inevitably boosted the adoption of lithium-ion batteries, which is expected to increase further in the future. The growing adoption of EVs among consumers has helped boost the market for these energy-saving, pollution-reducing vehicles. [Read more…]

Aston Martin F1 Accelerates High-Performance Computing with Altair

TROY, Mich – Altair (Nasdaq: ALTR), a global technology company providing solutions in simulation, high-performance computing (HPC), and artificial intelligence (AI), announces a new technical partnership agreement with the Aston Martin Cognizant Formula One™ Team, who has returned to the world’s most prestigious motorsports series for the 2021 season. Aston Martin Cognizant Formula One™ Team engineers are using Altair Grid Engine™ to optimize the team’s HPC infrastructure with its workload scheduling and management solution. [Read more…]

Banksy Truck Crashes Car Sale

A 17-ton truck, covered in graffiti by the artist Banksy, will be offered by Bonhams on Saturday 14 September, at its motor car auction, the Goodwood Revival sale. The vehicle (a Volvo FL6 box lorry), entitled Turbo Zone Truck (Laugh Now But One Day We’ll Be in Charge), from 2000, is the largest-ever work created by Banksy, with a painted surface area of 80 square metres. The estimate of £1,000,000-1,500,000 ($1,300,000-2,000,000) reflects the work’s importance. It is accompanied by a Certificate of Authentication issued by Pest Control, Banksy’s studio. [Read more…]

Vehicle sales soar in January

Pretoria — New vehicle sales registered substantial gains in the first month of the year, growing by 14.1% compared to the 48 202 vehicles sold in January last year, said the National Association of Automobile Manufacturers of South Africa (NAAMSA). This followed on the positive sales performance seen throughout 2012. On Monday, Naamsa said that […]

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Building reliable, safe transport

Transport Minister Dipuo Peters has officially launched this year’s Transport Month, where she highlighted the on-going interventions to curb road carnage and the progress made by government on providing efficient and reliable public transport system. Under the theme “Celebrating 20 years of delivering efficient, reliable and safe transport services”, Peters on Tuesday announced that in […]

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Macro-economic stability since 1994

Midrand — South Africa has achieved over the past 19 years a level of macro-economic stability not seen before the dawn of democracy in 1994, says Transport Minister Dipuo Peters. Speaking at the New Age/SABC business briefing in Midrand on Monday, Peters said such advances have laid a foundation for sustained investment and improved growth. […]

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Stimulating investment in vehicle production

Trade and Industry Minister Dr Rob Davies has approved the new Medium and Heavy Commercial Vehicles-Automotive Investment Scheme (MHCV-AIS) guidelines to stimulate investment in the production of vehicles in the country. The MHCV-AIS is a sub-component of the Automotive Investment Scheme, an incentive designed to grow and develop the automotive sector in South Africa. “The […]

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Dti welcomes launch of Toyota plant

Department of Trade and Industry (dti) Minister Rob Davies has welcomed the launch of Toyota’s Quantum Ses’fikile Complete Knock Down (CKD) plant. “As government, we want to convey our support to the Toyota South Africa motor company on this R476 million project to migrate your production process to CKD. This is a step in the […]

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Demand for Japanese Performance Vehicles at Auction

2012 Lexus LFA

PALM BEACH, USA – Barrett-Jackson, The World’s Greatest Collector Car Auctions, will offer an enviable selection of Japanese performance cars during the 17th Annual Palm Beach Auction, April 11-13, all at No Reserve.

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Digitisation Transforms Car Retailing in Europe

digitisation auto

LONDON, Feb. 23, 2017 – In Europe, car retailing is undergoing an intense evolution. Original equipment manufacturers (OEMs), aggregators, distributor groups and manufacturers are actively pursuing digitisation as a change enabler to enhance brand awareness and customer experience. [Read more…]