This Exemplary Electric Motorcycle Company Just Went Bankrupt

2024 Arc Vector Signature Edition Top-1

[ad_1] Summary Arc Motorcycles has filed for bankruptcy due to distribution issues in the US and European homologation delays. Even with high-quality components like a unique carbon fiber chassis and powerful motor, the $120,000 Arc Vector faced niche buyer challenges. CEO Mark Truman expressed disappointment in the situation, highlighting the struggle to secure investment despite … Read more

“This is not a fine”: Can a private company enforce a parking fine?

[ad_1] A Reddit user has raised the question of whether they are legally required to pay a parking fine they received from a private car park.  In a post on the r/Melbourne sub-Reddit, a user posted a parking fine they received from Traffic Monitoring Services (TMS), which enforces the parking rules at Woolworths Brunswick. The … Read more

Future McLarens to look more like the 1990s F1, company says

[ad_1] McLaren has announced a new ‘design language’ for future supercars, which it claims will draw on its racing heritage – and the record-breaking McLaren F1 of the 1990s. But it’s only released one basic sketch of what it will look like. McLaren has revealed details of a new design ‘language’ set to underpin the … Read more

What New Ownership Of McLaren Could Mean For The Future Of The Company

Yellow McLaren F1 LM

[ad_1] Summary Mumtalakat’s acquisition of McLaren Group means more vehicle production, thanks to increased funding and resources. The deal brings McLaren a vast global network of experts and firms, allowing for potential partnerships and collaborations. Bahraini Group’s investment aims to strengthen McLaren’s brand presence, expand product offerings, and spark innovation. McLaren Group is no stranger … Read more

2024 Toyota Prado wait times won’t blow out to two years like RAV4 Hybrid, company says

[ad_1] Toyota is wary of wait-time dissatisfaction and has implemented new measures to ensure potential Prado buyers are not put through what many RAV4 Hybrid customers experienced during the pandemic. View 4 images Toyota Australia is aware it has lost sales to rival brands due to extended wait times for models such as the RAV4, and … Read more

The Story Behind Alvis Car Company And The Cars It Produces

Alvis PackWard 3.0L Blue driving on a dirt road

[ad_1] Founded in 1919 from the remaining pieces of a small Coventry carburetor manufacturer named Holley Bros., the Alvis Car Company emerged as a beacon of automotive ingenuity and craftsmanship. Spearheaded by T.G. John, a visionary naval architect, the company initially embarked on a journey making stationary engines and motor scooters. However, a pivotal moment … Read more

German software giant to stop using Tesla for company cars

[ad_1] Software company SAP claimed Tesla’s fluctuating prices and inconsistent delivery schedules as to why they’re moving away from the US auto giant – with the electric carmaker’s stock falling as a result. Electric Cars View 2 images German business software giant SAP – one of the world’s largest software companies by revenue and market capitalisation … Read more

High price not to blame for death of Mazda MX-30 electric car, company claims

[ad_1] Mazda Australia says a $66,000 price is not the reason why it only sold 131 examples of the MX-30 electric car – each with a 224km claimed driving range – in two and a half years. Electric Cars View 5 images The Mazda MX-30 – a small hybrid and electric SUV with rear-hinged back doors … Read more

The Model That Saved The Ford Motor Company From Bankruptcy In The 1980s

[ad_1] Summary Ford Taurus revolutionized American car design in the 1980s, saving the company from major financial losses and launching it into the future. The Taurus sold record numbers and became a hit among consumers due to its sleek and futuristic design, efficient engine, and snappy handling. Despite its initial success, the Taurus eventually fell … Read more

Fastest Ford Muscle Cars In Company History

[ad_1] Few manufacturers have seen the same success and esteem throughout automotive history as Ford. Founded in Detroit in 1903, the American automaker has constantly been at the forefront of progression and will most certainly remain there, covering almost every car segment available on the market today. Despite making so many different types of cars, … Read more

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