Jaguar Land Rover (JLR), Britain’s biggest carmaker, said on Thursday it is to build its new E-PACE compact sports utility vehicle in Austria and China, the first of its cars only to be manufactured outside of its home market. JLR said its three British plants were either full or at near capacity but the decision will spark fears the firm is looking to boost its output by using overseas operations, rather than invest in greater capacity at home.
Ahead of the Range Rover Velar arriving in showrooms, retail sales for Jaguar Land Rover reached 51,591 vehicles this month, up 11.0% on June 2016. Retail sales for the quarter totaled 137,463 vehicles, up 3.5% compared to the same quarter last year. Retail sales for June were up year-on-year in China (65.3%), the UK (3.8%), Europe (3.7%) and North America (3.2%) whilst sales in Overseas markets were down 8.5%, due to challenging conditions in emerging markets such as Brazil, the Middle East and Russia.
This just in from the BBC, AutoNews, FT, and numerous other UK news sources, British sports car maker Lotus is being bought by China’s Geely. A statement was put out by the Hangzhou-based company. There is no notice as of yet from Lotus themselves. The purchase is part of a deal by Geely to buy a 49.9% stake in Malaysian carmaker Proton, which owns Lotus. Geely, which also owns the London Taxi Company and Sweden’s Volvo Car Group, will take a 51% stake in Lotus.
The McLaren 570S GT4 was victorious on its racing debut in Asia, with McLaren customer team, The Winning Team, scoring pole position and two wins on the opening weekend of the 2017 China GT Championship. The latest GT racing model from McLaren is based on the 570S Coupé model from the Sports Series, and continues to impress in its first season of customer team racing, having now triumphed in Europe, North America and Asia.
Jaguar Land Rover, the UK’s leading manufacturer of premium luxury vehicles today reported its best ever February retail sales of 40,978 vehicles, up 9% on February 2016, thanks to strong sales performances in China and North America. The company sold 88,671 vehicles in the first two months of 2016, 6% up on the same period in the prior year. Retail sales for the month of February were up year-on-year across many key regions: 40% in China, 16% in North America and 14% in the UK. Europe and other Overseas markets were down 2% and 7% respectively year-on-year.
The Zhejiang Geely Holding Group is reportedly bidding for a 51% stake in Malaysia’s Proton Holdings, the owner of the Proton and Lotus brands. The current owner is DRB-Hicom, one of the country’s largest automotive conglomerates, which has long been looking for a “strategic partner” for Proton Holdings. Zhejiang Geely currently owns the Geely Auto, Volvo, and the Lynk & Co. brands.
Rolls-Royce Motor Cars debuts Ghost Eternal Love this evening at the Minsheng Art Museum in Beijing. Embodying the theme of love, the new Bespoke collection is exclusively designed for the China market, coupling modern design elements inspired by the white swan with remarkable Rolls-Royce craftsmanship and cutting-edge technology. Leon Li, Director of Rolls-Royce Motor Cars China, explained the significance of the latest design, “The Ghost Eternal Love demonstrates to our customers the unparalleled creativity of the Rolls-Royce Motor Cars Bespoke team while it meets the needs of our customers for exclusive personalisation. Embodied in this latest masterpiece is the emotional inheritance of the Rolls-Royce brand, a representation of our undying passion for creating the best cars in the world. More than this, it symbolises the Chinese New Year gift to customers from Rolls-Royce.” Ghost Eternal Love Collection The swan design, […]
In honor of its 45th anniversary, Land Rover has driven its flagship Range Rover luxury SUV across a bridge made of paper. The freestanding structure in Suzhou, China, spanned five metres without glue or bolts to hold it in place. Land Rover commissioned the unique bridge to mark the 45th anniversary of its Range Rover family and to highlight 45 years of Range Rover innovation ahead of the Guangzhou Motor Show in China. The hand-built paper bridge took three days to construct in the ancient water city of Suzhou, which is famous for its bridges and nicknamed ‘Venice of the East’. The unique crossing was made of high-quality paper supplied by specialist British manufacturer James Cropper PLC.
Aston Martin has announced it will widen its product offering for markets outside of Europe. Based on a conditional offer of an exceptional regional growth fund from the UK Government, Aston Martin will commence work this year on new models intended to broaden its customer reach in export markets such as China and the Middle East. The UK Government has committed support up to the value of £6.9 million, conditional on investments in new products from Aston Martin. Commenting on this news, Aston Martin CEO, Dr Andy Palmer said: “Expanding our product range to enable a greater reach into export markets is an essential part of our Second Century business plan. Having this support from the Government to help execute the plan is a meaningful vote of confidence in the future of the company.” Press release courtesy Aston Martin, 29 March 2015, […]
Exports of British car to China have increased fivefold since 2009, according to figures released today by a British industry body, driven by a demand for luxury brands such as Rolls-Royce and Jaguar. The number of cars manufactured in Britain and exported to China stood at 137,410 in 2014, a 14.5 percent increase on the previous year and five times the number shifted in 2009, the Society of Motor Manufacturers and Traders (SMMT) said in a statement. British car exports to all destinations have increased by 54 percent since 2009 to 1.2 million vehicles in 2014, and the sector represented 11.2 per cent of all British exports last year, a new record. The health of the British motor industry has not escaped the notice of Prime Minister David Cameron, who goes to the polls seeking re-election on May 7 and […]
The best New spy shot so far of the MG CS SUV, showing the side and the real all-naked for the first time. Sporty lines and a sleek profile, but tires look awfully small. Debut of the MG CS is expected for the Chengdu Auto Show in September. Price will start around 120.000 yuan and end around 160.000 yuan ($19.000 – 26.000). Production cars stays close to the MG CS Concept that debuted on the 2013 Shanghai Auto Show. Engine chat: still a confusing picture here with many conflicting reports. Early on we heard the MG CS would be available with a 135hp 1.5 turbo and a 204hp 2.0 turbo, both mated to a 6-speed DCT. Recent reports in Chinese media revealed a much larger line of engines: 1.3, 1.4 turbo (developed with GM), 1.5, and the 1.5 turbo. The […]
MG is performing well in China but it is missing an SUV, Roewe added an old Ssangyong based vehicle to its line up but the car failed to live up to expectations, the new MG SUV is expected to hit the market by the years end. MG revealed the MG CS concept at the Shanghai Auto Show this year where it was revealed the new car would have a 2.0T powerplant and a slightly redesigned face which is mostly inline with the current MG5. The new SUV will launch in late 2014, a little late to the party considering that international and domestic rivals have already launched SUV offerings. In addition to the new SUV, MG are also planning to give their other product offerings a major overhaul of the MG-Roewe line up. Later this year the MG5 1.5T will […]
The MG 3 is set to cost less than £10,000 and will be offered with “hundreds” of different styling and customisation options. The MG 3, showcased in the UK for the first time at an event at MG’s Longbridge plant in Birmingham today, will go on sale in the UK this autumn. Initially, three trim levels and 10 exterior colours – with names such as ‘Hello Yellow’ – will be offered. The top two trim levels will come as standard with equipment that includes Bluetooth connectivity, air-con and DAB digital radio. Hill-start assist will be optional. MG’s new hatchback will also launch with the ‘MG 3 Collection’ offer. It allows buyers to personalise the car’s bodywork with various patterns, decals and stripes, including large RAF roundels. The European version of the MG 3 was first seen at the Shanghai motor […]
A major new multi-million pound redevelopment programme has been launched at MG Motor UK – doubling the size of the design centre and creating new jobs. The latest phase of the rebirth of Longbridge will see substantial investments in the design studio, the engine test centre and the factory ahead of the launch of a new diesel version of the MG6 later this year. Meanwhile, the Chinese-owned firm is recruiting new engineers and designers to work on the next generation of MG cars as the firm prepares to hit the export trail to mainland Europe within two years. New production plans for MG Motor UK include the new diesel model and a Ford Fiesta-sized MG3 by the middle of next year, with a Ford Focus-sized MG5 and an MG SUV vehicle also in the pipeline. The major expansion of the […]
Renowned British automobile brand, MG has joined the growing number of automobile brands in the country courtesy of Coscharis Motors, a leading automobile marketing company which also represents BMW, Land Rover, Jaguar and Ford, in Nigeria. Presenting the MG models to members of the Nigerian Motoring Press over the weekend in their Victoria Island Lagos office, Mrs. Helen Alechenu, Deputy General Manager Coscharis Motors described the MG as typical British brand, through manufactured in China by SAIC Motors. According to her, “The MG, as the best representative of the United Kingdom automobile industry, has significant leverage in the United States Sports Car Market, hence MG brand history is the Chronicle of the world automobile industry.” The Deputy General Manager who ones had a stint in the BMW, Land Rover and Ford sections of the Coscharis Auto Group, explained that the […]
While visiting the United Kingdom, the Premier of China helped launch the first new MG model in 15 years. The Premier visited the MG car plant in Longbridge, England where the new MG6 will be assembled. The factory is now owned by Shanghai Automotive Industry Corporation, which is China’s largest automaker. He hailed the launch as a potent symbol of friendship between China and the U.K. The plant is expected to serve as a platform for tapping the European market in the future.
Longbridge has drastically cut its annual losses from over £12 million to just £392,000 as the rebirth of Birmingham’s most famous factory gathers pace. Results for MG Motor UK for 2010 showed that sales of parts to China had helped slash cash losses at the car firm, which launched production of the MG6, its first all-new MG, in April. Meanwhile, a capital injection of £7 million from the Chinese parent company also helped to bolster the firm’s financial status, the report revealed. The vastly improved results came as sales of Longbridge’s first all-new MG for 16 years generate increasing revenues for the Birmingham factory following the relaunch of volume production. The MG6 generated over £3 million of business in its first two weeks in showrooms, leaving many buyers facing a waiting list of up to six weeks for customized vehicles. […]
MG has shown the new MG3 supermini to UK influencers for the first time – in preparation for a possible 2012 launch of the new British-designed Ford Fiesta rival. Key UK customers, designers, suppliers and industry analysts were invited to a secret design forum at Prodrive’s Warwickshire test facility, to help MG generate initial opinions on how the new five-door supermini will be received. While not yet confirmed for UK sale, MG Motors is very hopeful the supermini will soon get the green light (with assembly over here a strong hope, too). Because of this, the firm has started gathering data, from as broad a cross section as possible. Furthermore, although the basic design of the car is fixed, MG is also seeking comments from UK motorists on what they would like changed. The Chinese-spec left-hand drive show car is […]
The first all-new MG for 14 years has gone on show in China and by the end of next year the new car will be built on a production line at Longbridge, it was revealed today. Based on the Chinese-made Roewe 550 – which itself is based on a shortened version of the old Rover 75 – it will be called the MG6 when production starts in Birmingham. The new model will be produced in saloon and hatchback form and will complement the two-seater MGTF being built at Longbridge. Early production models have been revealed at the Guangzhou Auto Show which opened yesterday. The launch in China, the world’s largest automotive market, begins the international roll out of sales of the MG6 which includes the UK. Sales in China will begin in January and plans for the UK and other […]
Ford is in talks with the Shanghai Automotive Industry Corporation, China’s biggest car-maker, in a desperate attempt to sell its prestigious Volvo brand. A source close to the American motor giant said it recently made a second approach to SAIC, which already owns the rights to the MG car marque. Earlier talks in the summer faltered over price. Ford, which bought Volvo for £4.4billion in 1999, is said to be hoping the sale will fetch £4 billion. The disposal would send an important signal to the US Congress that Ford is taking major action to restructure its business in return for a massive cash injection.