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Category Archives: Automotive News

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Another record year for BMW Group in 2014

Automotive NewsBy AmigosInsuranceApril 13, 2015

New highs for sales volume, revenues and group earnings Group revenues up 5.7% to € 80.40 billion Profit before financial result increased to around € 9.12 billion Profit before tax at around € 8.7 billion Automotive segment EBIT margin rose to…

Sources: Hyundai Expanding SUV Production In US Market

Automotive NewsBy AmigosInsuranceApril 13, 2015

Per inside sources, Hyundai is planning to increase SUV production in the United States in an effort to capture more consumers amid low fuel prices. Reuters reports the automaker’s sales of the Elantra and Sonata have slowed as some consumers…

Audi Q8, Electric Crossover Confirmed

Automotive NewsBy AmigosInsuranceApril 12, 2015

Share this Article Audi has confirmed that another crossover model is in development. Speaking in Germany, Audi’s head of technical development Dr. Ulrich Hackenberg revealed that the automaker is working on a pair of large crossovers that include the Q8 and…

F1: Sauber team appeals Giedo Van der Garde ruling

Automotive NewsBy AmigosInsuranceApril 12, 2015

From GMM The Sauber Formula 1 team is appealing a Melbourne court’s ruling that Giedo van der Garde should race for the Swiss team this weekend. Earlier on Wednesday, a supreme court judge sided with the Dutchman after he was…

F1: Sauber team appeals Giedo Van der Garde ruling

Automotive NewsBy AmigosInsuranceApril 12, 2015

From GMM The Sauber Formula 1 team is appealing a Melbourne court’s ruling that Giedo van der Garde should race for the Swiss team this weekend. Earlier on Wednesday, a supreme court judge sided with the Dutchman after he was…

India’s Tata AIA introduces new life insurance product

Automotive NewsBy AmigosInsuranceApril 12, 2015

IBR Staff Writer Published 11 March 2015 India-based Tata AIA Life has introduced a new life insurance product Tata AIA Life Insurance Smart Growth Plus, which is a non-linked participating endowment assurance plan. Featuring triple enhancements with one guaranteed addition…

F1: Experts worry about McLaren-Honda project

Automotive NewsBy AmigosInsuranceApril 12, 2015

From GMM Experts continue to worry about the early phase of McLaren-Honda’s new collaboration. Honda announced its intention to return to the sport with the British team way back in May 2013, but almost two years later, the MP4-30 is…

F1: Roberto Merhi needs sponsor money to keep Manor Marussia seat

Automotive NewsBy AmigosInsuranceApril 11, 2015

From GMM Spaniard Roberto Merhi has admitted his new race seat at Manor Marussia Formula 1 may be short-lived. Formula 1’s governing body, the FIA, has now confirmed the race number 98 for the 23-year-old rookie, who is joining Will…

Did Clarkson Punch a Producer, Will the Top Gear Episodes Air, Are You Signing the Petition?

Automotive NewsBy AmigosInsuranceApril 11, 2015

⌖ A- A+ When we read BBC’s statement yesterday a lot of things went through our minds. Sure, knowing Top Gear and Jeremy Clarkson’s pranks, we thought it’s just another one of their stunts and soon enough one of the…

Stray Dogs Destroy a Car in China: Jetta Gets Bitten into Submission

Automotive NewsBy AmigosInsuranceApril 11, 2015

⌖  4 Photos A- A+ Boy, and we though we had problems with the stray dogs around our neck of the woods, always eating trash and causing a commotion in the middle of the night. But it seems things are…

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