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Bahrain’s Mumtalakat Takes Full Control Of McLaren

Mar 26, 2024, 12:02 PM

Bahrain’s Mumtalakat Takes Full Control Of McLaren

Bahraini sovereign wealth fund Mumtalakat has acquired full ownership of McLaren, increasing its stake from 60 percent to 100 percent.

1 Min

car&bike Team | Mar 26, 2024
Royal Enfield Shotgun 650 Launched In The US
The Royal Enfield Shotgun 650 joins the 650 Twins model range in the US and North America, including Canada.
3 mins read
Jaiveer Mehra | Mar 26, 2024
Citroen Basalt Vision SUV Coupe Debut On March 27
The Basalt Vision is likely to be a close-to-production concept previewing the much talked about Citroen C3 X coupe-SUV for India.
1 min read
car&bike Team | Mar 25, 2024
Infiniti Reveals New QX80 Luxury SUV; Gets A 3.5-Litre V6
The 2025 QX80 luxury three-row SUV has been completely revamped as compared to the existing model.
2 mins read
car&bike Team | Mar 25, 2024
Mercedes-Benz Recalls 1.16 Lakh Vehicles Due To Potential Fire Risk
Affected vehicles encompass the GLE53, GLE63 S, GLS63, Maybach GLS600 and more.
1 min read
car&bike Team | Mar 25, 2024
Audi To Launch 20 New Models By 2025; New-Gen A5 Family, Q5 On The Cards
In its annual report 2023, Audi has confirmed there is more to look forward to with 20 new launches planned by the end of 2025.
1 min read
car&bike Team | Mar 25, 2024
Top 10 Sub-500cc Sportbikes To Consider In 2024
From Japanese to European and some even desi, here is the list of the top 10 faired motorcycles to consider under the 500cc displacement
6 mins read
car&bike Team | Mar 25, 2024
2025 Nissan Kicks Unveiled With More Powerful 2.0 Litre Engine
The 2025 Nissan Kicks SUV gets a bit larger in dimension but maintains its compact profile.
2 mins read
car&bike Team | Mar 25, 2024
Honda Motorcycle And Scooter India Launches ‘Smart Workshop’ Mobile App
Honda's new Smart Workshop app offers real-time service tracking and notification alerts.
1 min read

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Motorsports

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Sameer Contractor | Apr 14, 2019
F1: Hamilton Wins Chinese GP As Mercedes Claim 1-2 In Formula 1's 1000th Race
Reigning world champion Lewis Hamilton won the 2019 Chinese Grand Prix ahead of teammate Valtteri Bottas. The Chinese GP marks the 1000th Formula 1 race and saw the Mercedes drivers dominate the weekend, as the Ferrari drivers faded as the race progressed. Coming in a lonely third was Ferrari's Sebastian Vettel who completed the race 13.744s behind the race leader. This is the Mercedes' second consecutive 1-2 race finish this season, and Ferrari's second consecutive podium finish too.
1 min read
Sameer Contractor | Apr 14, 2019
2019 Rome e-Prix: Evans Beats Lotterer To Take Jaguar's First Ever Formula E Victory; Mahindra Finishes In Top 10
Jaguar Racing secured its first ever victory in Formula E as driver Mitch Evans passed pole-sitter Andre Lotterer of Techeetah to win the 2019 Rome e-Prix. The latter finished a close second completing the race 0.979s behind. With the Rome e-Prix, the British team becomes the seventh different marque to win a race this season. Meanwhile, finishing on the podium was Stoffel Vandoorne of HWA AG, while both the Mahindra drivers managed to complete the race in the top 10 positions.
1 min read
car&bike Team | Apr 10, 2019
Deepa Damodaran Wins JK Tyre Rally To The Valley Title
The JK Tyre Women's Rally to the Valley was organised last weekend in Mumbai and seasoned rallyist Deepa Damodaran took home the win once again in the Time Speed Distance (TSD) based event. Damodaran along with navigator Priyanka Videsh took the top spot in the rally, managing to log a bare minimum of three penalty points to annex the crown and win a cash prize of Rs. 100,000. The 2019 edition of the Rally to the Valley event saw over 600 ladies in participation in about 130 cars to promote women empowerment, creating a new record of sorts.
1 min read
Sameer Contractor | Apr 8, 2019
Merzouga Rally 2019: Sherco TVS' Abdul Wahid Tanveer Wins Enduro Round; Hero's Oriol Mena Bags Podium
he 2019 Merzouga Rally concluded with Indian teams Hero MotoSports Team Rally and Sherco TVS Rally Team taking the top spots. The gruelling rally saw riders traverse through the challenging terrains of Morroco while keeping up with navigation issues to complete the five day run. Sherco TVS rider Abdul Wahid Tanveer bagged the top spot in the Enduro category having won two out of five stages. Hero's Oriol Mena, meanwhile, took the first podium of his career finishing third overall.
1 min read
car&bike Team | Apr 5, 2019
Merzouga Rally: Hero MotoSports Team Rally Riders In 3rd and 4th Rankings Overall
Oriol Mena and Joaquim Rodrigues continue their strong show at the 2019 Merzouga Rally on the penultimate day of the rally. Now the riders will move on to the final stage in the dunes.
1 min read

Auto Industry

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Reuters | Aug 29, 2022
EV Maker Nikola Beats Revenue Estimates On Higher Deliveries
Nikola Corp exceeded market estimates for quarterly revenue as the electric-vehicle maker delivered more semi trucks after a production ramp-up, sending its shares 6% higher in trading before the bell.
1 min read
Reuters | Aug 29, 2022
U.S. Lawmakers Urge Joint Use Of Funds For Broadband, EV Charge Stations
A group of 10 U.S. House Democrats asked President Joe Biden's administration to build electric vehicle charging stations together with broadband internet infrastructure under the $1 trillion infrastructure law approved in November 2021.
1 min read
Reuters | Aug 29, 2022
Foxconn To Build Autonomous Electric Tractors At Ohio Facility
Taiwan's Foxconn, the world's largest contract electronics maker, said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio, facility starting in early 2023.
1 min read
Reuters | Aug 29, 2022
Oil Settles Up As IEA Hikes 2022 Demand Growth Forecast
Oil prices settled up more than $2 after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices have some consumers switching to oil.
2 mins read
Reuters | Aug 29, 2022
Analysis-Oil Prices Turn More Volatile As Investors Exit The Market
Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with persistently high volatility.
3 mins read
Reuters | Aug 29, 2022
S.Korean EV Battery Maker SK On Raises $1.5 Billion In Expansion Push - Report
The battery unit of energy group SK Innovation Co Ltd has been in talks with a local private equity consortium which includes EastBridge Partners, Korea Investment Partners and Stella Investment
1 min read
Reuters | Aug 29, 2022
Analysis-Oil Prices Turn More Volatile As Investors Exit The Market
Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with persistently high volatility.
3 mins read
Reuters | Aug 29, 2022
GM, LG Energy Solution Considering Indiana For Fourth U.S. Battery Plant
General Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies' joint venture said.
2 mins read
Reuters | Aug 29, 2022
German Court Lets Tesla Ads Continue Referring To Autonomous Driving
Tesla can continue referring to the capabilities of its driver assistance system and to autonomous driving in its advertising in Germany after a court threw out a complaint against the practice.
1 min read