• Geely Holding and Etika Automotive Announce Joint Board
• Mr. Daniel Donghui Li appointed Chairman of Lotus Board
• Mr. Jean-Marc Gales to continue in his role as CEO
September 29th, Kuala Lumpur. Zhejiang Geely Holding Group (Geely Holding) today completed the transaction to purchase a majority stake in the British luxury sports brand Lotus.
Geely Holding now owns a majority stake of 51% in Lotus Advance Technologies Sdn Bhd (Lotus) with a minority 49% being held by Etika Automotive (Etika), a Malaysian automotive group.
With the transaction completed, the Board of Directors for Lotus has been formally established, consisting of five seats of which three are appointed by Geely Holding and two are appointed by Etika.
Under this structure, Geely Holding has appointed Geely Holding’s Executive Vice President and Chief Financial Officer, Mr. Daniel Donghui Li as Chairman of the Lotus Board. Mr. Feng Qing Feng, Geely Auto Vice President and Chief Technology Officer a…
Model year 2018 marks the 100th anniversary of the first production Chevrolet truck. A century and more than 85 million trucks later, Chevrolet has become one of the most recognizable brands in the world. To celebrate the Chevy Trucks Centennial, the brand is honoring the owners who have made Chevy Trucks a part of their lives for the past century with a 100-day celebration featuring two new Special Edition trucks, the national rollout of the Truck Legends customer loyalty program and more.
“The Chevy Trucks Centennial is a huge milestone for us, and is equally important to our customers,” said Sandor Piszar, Chevrolet Trucks Advertising and Marketing director. “That’s why we will be celebrating 100 years of Chevy Trucks over the course of the next 100 days. It’s important that we share this celebration with our loyal customers who have helped us achieve this accomplishment.”
Chevrolet kicked off the Centennial Celebration today at the State Fair of Texas, where the brand announc…
Alfa Romeo Stelvio Quadrifoglio Claims Title of World’s Fastest Production SUV with Record Nürburgring Lap TimeStelvio Quadrifoglio laps Nürburgring in record 7 minutes 51.7 seconds, fastest time ever posted by a production SUVState-of-the-art technologies, including innovative Q4 all-wheel drive paired for the first time with a 2.9 V6 Twin-Turbo 510 HP engine and torque vectoring differential, Chassis Domain Control (CDC), and aluminum column-mounted paddle shifters maximize the driving experience in all-new Alfa Romeo Stelvio QuadrifoglioAlfa Romeo now holds two Nürburgring lap time records with Giulia Quadrifoglio (fastest four-door production car) and Stelvio Quadrifoglio (fastest production SUV)
Alfa Romeo Stelvio Quadrifoglio has claimed the title of world's fastest production SUV, setting a new benchmark lap time at Germany's legendary Nürburgring: it is just the most recent achievement in the racing tradition of the Quadrifoglio and in over one century of Alfa Romeo h…
All-new Honda Sports EV Concept unveiled at Tokyo Motor ShowWorld premiere of Sports EV Concept spearheads Tokyo exhibitsJapanese debuts for Honda Urban EV Concept, Honda NeuV and all-new CR-VSpecial anniversary model celebrates 60 years and 100m production of legendary Honda Super Cub
Honda will unveil an all-new electric sports car – the Sports EV Concept – at the 2017 Tokyo Motor Show on 25 October, as part of a broad range of advanced two- and four-wheeled production and concept vehicles.
Other highlights being showcased by Honda are the Urban EV Concept – revealed to an overwhelmingly positive response at the Frankfurt Motor Show in September – and a range of Super Cub motorcycle models celebrating its 60 years anniversary and 100 million units production after the original introduction. Show visitors will also be able to see the Honda NeuV personal mobility concept and the all-new CR-V, both of which will make their Japanese debuts. Sports EV Concept
Catching the eye with a stri…
WATCH FORD GT CRUISE ATLANTIC OCEAN ROAD – WITH A DETOUR TO SET NEW TIME AT WORLD’S MOST NORTHERLY CIRCUIT Ford GT is star of latest in Ford’s video series Europe’s Greatest Driving RoadsSupercar island hops spectacular Norwegian coastline on amazing Atlantic Ocean RoadShowcases performance credentials with a lap record at little-known Arctic Circle RacewayCOLOGNE, Germany, Sept. 28, 2017 – Could this be the perfect road trip – a stately promenade of the ultimate coast road, followed by a record-breaking blast around a very special circuit, unfamiliar to all but the biggest racing fans?
The Atlantic Ocean Road, which showcases the jaw-dropping beauty of Norway’s shores, is certainly one of Europe’s Greatest Driving Roads, a video series from Ford that now turns the spotlight on the Ford GT supercar.
"The Atlantic Ocean Road has to be driven to be believed. Only the most hardened cynic could fail to be unmoved by a journey across scenery of such unimaginable beauty,” said internat…