Tan Chong Motor Holdings Bhd’s subsidiary, TC Services Vietnam Co Ltd (TCSV), has inked a significant agreement with Chinese car manufacturer Guangzhou Automobile Group Co Ltd (GAC Group). The deal, formalised on February 2, 2024, designates TCSV as the official agent responsible for importing, distributing, and selling vehicles and spare parts, along with providing after-sales services for fuel vehicles in Vietnam.
Under the terms of the distribution and service agreement, TCSV is granted the authority to conduct retail distribution activities for a variety of automobiles. Additionally, the subsidiary is authorised to deliver automotive maintenance and repair services, as well as spare parts, in adherence to Vietnamese laws and regulations.
This strategic partnership signifies Tan Chong Motor’s continued expansion and influence in the automotive market, leveraging TCSV’s capabilities as the appointed agent for GAC Motor International Co Ltd. As the automotive landscape evolves, this collaboration positions TCSV as a key player in meeting the automotive needs of Vietnamese consumers.
Luxury sports car automaker Lamborghini has announced an ambitious plan to achieve total carbon neutrality by 2030 with its Direzione Cor Tauri strategy. The company aims to reduce enterprise emissions by 40% per car, encompassing the entire value chain, including the Sant’Agata Bolognese production plant.
The strategy, initiated in 2023 with the release of the Revuelto hybrid, will see Lamborghini introducing a hybrid version of the Urus Super SUV and a second High-Performance Electric Vehicle (HPEV) to replace the Huracán in 2024. By 2025, the company targets a 50% reduction in carbon emissions from its vehicle fleet.
In a significant move towards sustainability, Lamborghini plans to launch its first full-electric model, Lanzador, in 2028, followed by a full-electric super SUV in 2029. These additions to the lineup are projected to contribute to an 80% reduction in fleet emissions by 2030.
Rouven Mohr, Chief Technical Officer at Lamborghini, expressed the groundbreaking shift, stating that the electric motor opens up new horizons in terms of dynamics and driving experience.
Stephan Winkelmann, Chairman and CEO, outlined the holistic approach of the Direzione Cor Tauri strategy, emphasising not only the decarbonisation of Lamborghini’s Sant’Agata Bolognese facility but the entire value chain. He urged collective efforts, involving individuals, companies, institutions, and governments, in achieving these sustainability objectives.
Lamborghini initiated its carbon neutrality plan in 2015, focusing on energy-efficient buildings and operational practices. The company emphasises its commitment to environmental sustainability and aims to inspire others to address modern-day challenges.
Leading luxury automotive dealer group, H.R. Owen, is set to enhance its portfolio by adding Lotus to its lineup of prestigious car brands, becoming the latest retailer for the brand in the UK.
Situated in Hatfield, the new Lotus showroom will showcase an array of Lotus models, including the cutting-edge Lotus Emeya, an electric four-door hyper-GT, and the Eletre, an all-electric hyper-SUV. Additionally, the showroom will feature the Emira, Lotus’ final mainstream petrol-powered sports car.
Ken Choo, CEO of H.R. Owen, expressed enthusiasm for the partnership, aligning with the vision of Berjaya Group founder Vincent Tan to associate with brands that redefine luxury and performance. Choo highlighted Lotus’ commitment to innovation, particularly with the introduction of electrifying models like Emeya, which resonates with H.R. Owen’s vision.
Mike Johnstone, chief commercial officer at Lotus, emphasised the strategic importance of the partnership with H.R. Owen, citing the dealer group’s global reputation and its discerning customer base. The Hatfield location was specifically chosen for its convenient accessibility north of London, aiming to significantly enhance brand visibility in the south-east of England.
H.R. Owen’s reputation for excellence is underscored by the recognition of its Rolls-Royce Motor Cars London and Lamborghini Manchester dealerships, both named the best in the world by their respective manufacturers last year. This accolade further solidifies H.R. Owen’s commitment to delivering unparalleled luxury and service in the automotive retail sector.
The potential return of Honda to Le Mans is gaining momentum at an impressive pace. In just a year, both IMSA (International Motor Sports Association) and WEC (World Endurance Championship) have streamlined their rulebooks, enabling auto manufacturers to participate in both GTP (Grand Touring Prototypes) and Hypercar classes. This development saw major players like Cadillac and Porsche competing globally in 2023, a trend followed by BMW and Lamborghini this year. The recent consolidation of Honda and Acura racing activities further positions the brands for international competition, although a Le Mans run in 2024 has been ruled out.
Looking ahead to 2025, HRC (Honda Racing Corporation) US president David Salters expressed cautious optimism, emphasising the necessity for favourable conditions. Speaking at this year’s Rolex 24, Salters credited the team at HRC and Oreca for creating a formidable IMSA car, stating Honda’s interest in Le Mans while closely monitoring the competition.
The amalgamation of HPD (Honda Performance Development) and HRC in January 2024 marked a significant shift in Honda’s racing strategy, moving from a North America-centric approach to a global one. Salters acknowledged the allure of Le Mans and WEC, commending IMSA, ACO, and WEC for their efforts in the inaugural year of the rule changes. However, he stressed the importance of continued development and ensuring that Honda’s participation aligns with business objectives.
The long-awaited revival of the overlooked Lancia brand has officially commenced with the debut of the automaker’s inaugural electric vehicle, the 2024 Lancia Ypsilon. The grand unveiling, set for February 14 in Milan, provides a sneak peek into the EV-exclusive Limited Edition Cassina trim, where Lancia plans to produce 1,906 uniquely numbered units, paying homage to the brand’s founding year.
While this marks the first comprehensive glimpse of the Ypsilon, its appearance is not entirely unfamiliar, having been previously leaked. Serving as the pioneer model for Lancia’s fresh design language, the Ypsilon features an illuminated calice grille and iconic round taillights reminiscent of the Lancia Stratos.
The exterior showcases polygonal headlights positioned lower on the front bumper and glossy black accents. Despite these new elements, the Ypsilon shares some similarities with its counterparts, the Peugeot 208 and the Opel Corsa, retaining familiar proportions and greenhouse design.
Inside, the emphasis on high-quality materials and distinctive design elements aims to evoke the ambience of an Italian living room. Collaborating with Cassina, a premium Italian furniture brand, Lancia introduces velvet-upholstered seats with a nostalgic “cannelloni” motif and a circular centre console resembling a coffee table.
The Ypsilon debuts Lancia’s SALA (Sound Air Light Augmentation) infotainment system with a dual-screen layout and an illuminated orb, likely serving as an AI-enhanced virtual assistant.
Technical specifications remain undisclosed, with the focus on exterior and interior design. The only confirmed figure is the WLTP range of 403km on a single charge, suggesting the use of a 54kWh battery pack shared with similar-sized Stellantis EVs.
Sharing its platform with several Stellantis models, the Ypsilon will later be joined by a hybrid version featuring a mild-hybrid turbocharged 1.2-litre three-cylinder engine.
Post the February 14 debut, the Lancia Ypsilon Limited Edition Cassina will tour Italian showrooms and be available for immediate orders and will expand its reach across multiple European markets.
In a move to keep its best-selling pickup, the Hilux, at the forefront of the Australian market, Toyota has revealed the third facelift for its eighth-generation model. Facing competition from rivals like the Ford Ranger, the Hilux undergoes a makeover to stay relevant in the rapidly expanding midsize pickup segment.
The 2025 Hilux sports a redesigned front end, featuring a more pronounced bumper, an updated octagonal radiator grille, and refreshed intakes, resulting in a bolder and more adaptable appearance. While maintaining an overall design connection with its predecessor, the tailgate now incorporates dampers for smoother operation.
Buyers can choose from various finishes for the grille and bumpers, with the entry-level WorkMate boasting a rugged black honeycomb mesh grille. The SR model showcases a silver-coloured lower bumper finish, while the SR5 comes with a black upper grille, dark-tinted LEDs, and gloss-black accents on door handles and mirror caps. The top-tier Rogue and GR Sport models exhibit distinctive looks aligned with their unique personas.
Red Bull, known for its prowess in Formula 1, is set to launch the RB17, a track-only hypercar designed by legendary engineer Adrian Newey. Following the success of the Aston Martin Valkyrie, the RB17 promises to be a formidable competitor with its in-house development by Red Bull Advanced Technologies (RBAT). New details about the project have been revealed on Red Bull’s ‘Talking Bull’ podcast.
Powerful Engine and Performance
The RB17 will feature a high-revving, naturally-aspirated V10 engine with an impressive 15,000rpm redline. Boasting 1000bhp from the V10 and an additional 200bhp from an electric motor, the hypercar is designed to match Formula 1 lap times. The electric motor will not only enhance power but also serve as a starter motor and enable reverse drive.
Aerodynamics and Downforce
The RB17’s aerodynamics will play a pivotal role in achieving its exceptional performance. Equipped with a blown diffuser and an active suspension system, the car will generate significant downforce. At 193km/h, it will generate its weight in downforce, peaking at 1700kg at 241km/h. The active suspension is calibrated to handle these dynamic load variations.
Adaptable for Different Skill Levels
To cater to a range of skill levels, the RB17’s active suspension system allows for setup flexibility. The car’s downforce can be adjusted, and its mechanical balance can be easily tuned to suit diverse driving styles. Red Bull will offer simulator training sessions to help drivers acclimate to the RB17’s capabilities.
Weight Target and Interior Design
With a weight target set below 900kg, the RB17 aims for an exceptional power-to-weight ratio. The closed cockpit design is intended to comfortably accommodate two occupants, particularly taller drivers, differentiating it from the Valkyrie.
In a strategic shift, Volvo Cars has announced its decision to cease funding Polestar Automotive Holding, the luxury car brand jointly owned by Volvo and Geely Holding. Volvo, which owns approximately 48% of Polestar’s shares, saw its stock surge by more than 30% at the market open following the announcement. Analysts have criticised Volvo’s heavy involvement in Polestar, considering it a drain on resources for the Swedish automaker.
Challenges for Polestar in a Competitive EV Market
Polestar, like other new electric vehicle (EV) brands, has faced challenges, especially with the intensifying competition in the EV market, highlighted by Tesla’s price war. The brand recently fell short of its reduced delivery targets for 2023. Since going public in June 2022 via a merger with a special purpose acquisition company (SPAC), Polestar’s shares have declined by over 83%.
Geely Takes the Reins, Volvo Shares Soar
Volvo Cars’ decision to relinquish funding for Polestar has led to Geely Holding taking on the responsibility for the struggling luxury brand. This development has fuelled a significant surge in Volvo’s stock, rising over 30% at market open. While there were considerations of distributing Polestar shares to Volvo’s shareholders, Geely Holding has welcomed the decision, committing to providing operational and financial support to Polestar without reducing its shareholding in Volvo Cars.
BMW introduces the Pure Impulse edition of the BMW Z4 M40i roadster for the 2024 model year, promising unadulterated open-top driving pleasure. A significant addition to the range-topping model is the availability of a six-speed manual gearbox, marking a thrilling shift towards a more engaging driving experience. This edition brings forth returned chassis technology, distinctive design elements, and a unique set of features, emphasising the Z4’s commitment to delivering an exhilarating driving encounter.
The BMW Z4 M40i Pure Impulse edition boasts muscular roadster proportions, M-specific design features, and a classic soft-top roof. With a free-revving six-cylinder in-line engine equipped with M TwinPower Turbo technology, the roadster remains a true embodiment of driving pleasure. Now, with the inclusion of a manual gearbox, it promises an even more engaging connection between the driver and the car.
The roadster’s chassis undergoes refinement, featuring a combination of variable sport steering, M Sport brakes, and an M Sport differential at the rear axle. The adaptive M suspension is meticulously fine-tuned for the Pure Impulse edition, delivering an optimal balance between dynamism and ride comfort. Additionally, mixed-size M light-alloy wheels, measuring 19 inches in diameter at the front and 20 inches at the rear, contribute to enhanced road performance.
The Pure Impulse edition adds individual design elements to the exterior, including M High-gloss Shadowline trim, Black high-gloss exterior mirror caps, and custom-designed streamlining flaps for the rear wheel arches. Red brake callipers and exclusive model badging further distinguish this special edition. New exterior paint options, such as Frozen Deep Green metallic and Sanremo Green metallic, add a refreshing touch to the Z4 lineup.
Inside, the Pure Impulse edition boasts M-specific design features, including an M gearshift lever with a model-specific sleeve. The Vernasca leather trim in Cognac with black M piping exudes a blend of elegance and sporting flair. Interior trim strips in Black high-gloss complete the exclusive appointments, creating a cockpit designed for the ultimate driving experience.
The six-speed manual gearbox, combined with the powerful 3.0-litre straight-six engine, propels the BMW Z4 M40i to 100km/h in just 4.6 seconds. This unique offering positions the Pure Impulse edition as a highly exclusive and performance-oriented model within the BMW lineup.
The BMW Z4 M40i Pure Impulse edition is set to launch with a production phase-in from March 2024 and will continue to be manufactured at the BMW Group’s partner facility, Magna Steyr Fahrzeugtechnik, in Graz, Austria.
The Z4 lineup, including the Pure Impulse edition, incorporates cutting-edge technology, including the BMW iDrive display, BMW Live Cockpit Professional, and a range of driver assistance systems. Front collision warning, Lane Departure Warning, and Speed Limit Info are standard, with additional features like Cruise Control with Stop&Go, Lane Change Warning, and Parking Assistant available as options.
In a groundbreaking move, BMW has revealed the highly-anticipated next-generation BMW M4 Coupé and Convertible, showcasing remarkable advancements in technology, design, and performance. The M4 series, known for its uncompromising dynamics, is set to maintain its dominance in the premium midsize segment with a range of enhancements.
BMW M4 Coupe
Engine Upgrades
The highlight of the new M4 series is the straight six-cylinder engine featuring M TwinPower Turbo Technology, now available in three performance levels. Notably, the 480hp variant is uniquely paired with a 6-speed manual transmission in the BMW M4 Coupé, setting it apart in the competitive landscape. Meanwhile, the BMW M4 Competition Coupé boasts a powerful 510hp engine, linked to an 8-speed M Steptronic transmission with Drivelogic.
For the ultimate driving experience, the M xDrive system is incorporated into the four-wheel drive variants, ensuring seamless power delivery. This enhances the power output to an impressive 530hp, setting a new standard for exhilarating driving dynamics.
Design and Aerodynamics
The M4 series continues to embody distinctive design elements, balancing aesthetics with aerodynamics. The large vertical BMW kidney grille, powerfully modelled wheel arches, and flared side sills create a visual impact. Notably, the M4 Competition Coupé is equipped with a standard carbon reinforced plastic (CRP) roof, while the M4 Competition Convertible with M xDrive introduces a sophisticated panel bow soft-top roof.
BMW M4 Convertible
Powerful Straight Six-Cylinder Engine
The heart of the M4 series lies in its straight six-cylinder power units, combining high-revving characteristics with M TwinPower Turbo Technology. Engineered with motor racing technology, the power units feature an extremely stiff crankcase, a weight-reduced forged crankshaft, and innovative cooling solutions.
The performance of the straight six-cylinder engine has been enhanced, with the M4 Competition Coupé with M xDrive and M4 Competition Convertible with M xDrive now delivering a maximum power output of 530hp and a torque of 650Nm within an extended engine speed range.
Advanced Transmission Options
Transmission options cater to diverse preferences, with the M4 Coupé offering a 6-speed manual transmission and the Competition models featuring an 8-speed M Steptronic transmission with Drivelogic. The M xDrive system, available in the four-wheel drive variants, ensures exceptional traction and dynamic cornering.
M Race Track Package
For enthusiasts seeking the ultimate performance package, the M Race Track package is available, reducing vehicle weight by up to 25kg. This package includes M Carbon ceramic brakes, M Carbon bucket seats, and interior trim strips in High Gloss Carbon Fibre.
Cutting-Edge Technology in the Cabin
Inside the cabin, the M4 series introduces the BMW Curved Display, providing M-specific information and enhancing the digital experience. The BMW Operating System 8.5 powers the display, incorporating the BMW Intelligent Personal Assistant and offering touch and voice control functionalities.
Customisation Options and Exclusive Packages
For drivers seeking personalisation, the M4 series offers a range of customisation options. The M Carbon exterior package enhances the racing character, featuring inserts, mirror caps, and a CFP rear spoiler. BMW Performance Parts provide additional retrofit options, including exterior CFP components, M Performance forged wheels, and interior trims.
The new BMW M4 Coupé and Convertible redefine the high-performance sports car segment, combining cutting-edge technology, distinctive design, and uncompromising performance. The worldwide market launch is eagerly anticipated, marking a new era for the iconic M4 series.
Global Popularity and Production Details
The high-performance BMW M4 Coupé has gained significant traction in the global market, with the USA leading in sales, followed closely by China, Germany, and the UK. The M4 Convertible, particularly popular in the USA, Germany, and the UK, has further solidified the series’ leading position in respective competitive environments.
Produced at the BMW Group Dingolfing plant, the new M4 Coupé and Convertible are set to make their worldwide debut with production scheduled to commence in March 2024.
