Good morning and welcome to our daily digest of automotive news from around the globe, starting with…
FCA US Sentenced In Diesel-Emissions Probe, Will Pay $300 Million Settlement
Fiat Chrysler Automobiles U.S company was found guilty of making false statements on diesel emissions and received a three-year term of organization probation. As per a plea agreement, FCA US LLC will lose $203.6 million in addition to paying a $96.1 million fine. According to Reuters, FCA US is obliged by the settlement to carry out an initial examination of its competence with the Clean Air Act as well as its testing and inspection methods.
2023 GMC Canyon Teased In Rugged AT4X Trim, Debuts August 11th
New teaser shots of the revamped 2023 Canyon have been revealed by GMC. Visible are split headlights, a rugged front bumper, an additional light bar, and a safari bar, and it will make its debut on August 11. Until then, we predict it will employ a turbocharged 2.7-liter four-cylinder engine with variants delivering up to 310 hp.
Lamborghini’s operating profits are at an all-time high, the company taking €425 million ($434.6 million) in the first half of 2022 — a substantial increase of 69.6% compared to the same period in 2021. The Huracán Sterrato and two other Urus-related launches were also confirmed by the financial results press release by Lamborghini. The news is fairly unsurprising as Urus continues to be the most popular Lamborghini model.
2023 Genesis G90 Starts At $88,400, Nearly $2k More Than Audi A8
Pricing for Genesis’ flagship luxury sedan, the G90, starts at $88,400. The G90 features a multitude of luxurious technologies and amenities but at a starting price higher than the 2022 Audi A8 and the 2022 Lexus LS. These include a 3D-surround sound system, the Digital Key 2 system, and “mood curator” mode. The base model comes with a 3.5-liter V6 producing 375 horsepower (280 kW/380 PS) and 391 lb-ft (530 Nm) of torque.
Toyota Land Cruiser Prado Matt Black Edition Debuts In Japan
The Package Matt Black Edition of the JDM-spec Land Cruiser Prado has been released, following on from the 70th-anniversary edition from last year. The SUV’s grille, headlamp garnish, roof rails, mirror caps, tailgate features, and 18-inch alloy wheels in black set it apart from the rest of the lineup. It is available in both petrol and diesel models in Japan, with prices starting at ¥ 4,300,000 ($32,859).
This Is Hengchi’s Next Model, A Sleek SUV Dubbed The ‘6’
Car News China has shared pictures of Hengchi’s brand-new electric SUV, the 6. This new EV company owned by the Evergrande real estate development group has so far unveiled two models but has not yet begun production. The 6 has a lower grille, slim headlights, a sleek coupe-like roofline, and full-width LED taillights. Presenting an interior identical to the previous model, the Hengchi 6 is likely to produce 204 hp.
2024 Rolls-Royce Spectre Electric Coupe Reveals Interior For The First Time In Spy Shots
The 2024 Rolls-Royce Spectre, the company’s first electric vehicle, has been captured in spy photos, revealing its inside for the first time. Featuring round air vents, an infotainment screen, and a digital gauge cluster, it stays loyal to traditional designs while appearing to continue to use fine leathers and metals. From exterior images, we can see the iconic grille with split headlights, square taillights, and the large diffuser under the camouflage.
What Else Is Making The News
Starbucks Earnings Exceeded Wall Street Expectations, Owing To Increased Demand For Cold Beverages In The US
Starbucks announced strong quarterly earnings and revenue on Tuesday, driven by demand for its iced coffee in the United States. The company’s stock increased more than 1% in extended trading. Starbucks reported $8.15 billion in revenue for the quarter ended July 3, compared to the $8.11 billion expected by Wall Street.
F1 Champion Lewis Hamilton Joins The New Denver Broncos NFL Ownership Group
Excited to join an incredible group of owners and become a part of the @Broncos story!! Honoured to work with a world class team and serve as an example of the value of more diverse leadership across all sports. Roscoe already thinks he made
the team 😂 #LetsRide 🐎🔥 pic.twitter.com/TSLQdPM8Hz— Lewis Hamilton (@LewisHamilton) August 2, 2022
The Broncos confirmed Sir Lewis Hamilton’s investment in a tweet on Tuesday, as part of a group led by Rob Walton — the heir to American retail behemoth Walmart. Walton’s consortium will acquire the Colorado team’s NFL franchise in a record-breaking $4.65 billion agreement, which is more than double the price ever paid for a team.