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    McLaren Selling Heritage Collection Cars (Temporarily) to Finance Artura

    McLaren is selling some of its vast collection of historical sports cars and Formula 1 cars to raise capital, as Bloomberg reported and Car and Driver confirmed with a McLaren spokesperson.The additional capital is needed to fund “certain technical upgrades” for the Artura supercar that have led to delivery delays, the automaker said.The Artura features a hybrid V-6 powertrain and is being produced on an all-new platform called MCLA. McLaren is taking a creative move to deal with a looming financial burden that appears to be closing in. As first reported by Bloomberg, the British sports-car manufacturer has sold cars from its own collection of heritage vehicles to help it fund the upcoming Artura hybrid supercar—but without losing custody of them.More on McLaren and the ArturaA McLaren spokesperson declined to provide Car and Driver with a list of which vehicles were sold but confirmed that the cars are not going away. In fact, they’re being licensed back to McLaren and are staying at the Woking headquarters. McLaren is hoping to buy the entire collection back as part of recapitalization plan involving shareholders, which it hopes to have finalized in Q1 next year according to the spokesperson.It’s no secret that McLaren has been strapped for cash for a few years now. In 2020, after pausing production and cutting 1200 employees from its workforce, the Woking, England, based outfit was bailed out by the National Bank of Bahrain. No surprise there, given that the Bahrain Sovereign Wealth Fund (Mumtalakat) is the primary shareholder of both the bank and McLaren. In that same year, the company was denied a line of credit with the British government worth roughly $160 million. One year later, McLaren agreed to a deal wherin the company would sell its Woking headquarters to a real estate investment trust for slightly over $200 million and stay on as a tenant on a 20-year lease. McLaren has been trying to sell from its collection for at least two years, but the company received pushback from holders of pre-existing debt. McLaren’s 2021 annual report states that there are about 54 vehicles in the collection and notes: “There is a market for these assets, and the Group may determine as appropriate to sell a specific and limited number of these cars to specialist collectors from around the world.” As of December 31, 2021, the heritage collection was worth the equivalent of about $42 million, according to the same annual report. That’s no surprise for a collection that includes Formula 1 cars driven by Niki Lauda, Alain Prost, Ayrton Senna, and Mika Häkkinen plus the car that brought Lewis Hamilton his maiden World Championship. This content is imported from poll. You may be able to find the same content in another format, or you may be able to find more information, at their web site.This content is imported from poll. You may be able to find the same content in another format, or you may be able to find more information, at their web site. More

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    Royal Enfield Mighty 350cc Is A Modified Classic 350 Bobber

    Based on a Royal Enfield Classic 350, Neev Motorcycles Mighty comes off as a retro-futuristic bobber bikeRoyal Enfield Mighty 350ccRoyal Enfield is often regarded as a blank canvas. Something on which an artist’s imagination can be visualised. Beauty is personified, in the eyes of its master. This is the reason why Royal Enfield is a hot favourite among custom bike enthusiasts and modders alike.Neev motorcycles have been building custom Royal Enfields for a long time. This custom modding company is quite renowned for its work. Their recent build is a bobber named ‘Mighty’ which is based on a Classic 350. For this, the company has built everything from scratch except for its engine. Let’s take a look.Royal Enfield Mighty 350cc by Neev MotorcyclesFor this custom bobber build based on Classic 350, Neev Motorcycles had to re-design and re-build the entire chassis. The wheelbase has been increased considerably which ensures a proper bobber look. Increasing wheelbase also ensures excellent straight-line stability as well. Something which a cruiser ought to have.While designing its chassis from scratch, Neev thought of giving ‘Mighty’ a monoshock rear suspension instead of twin shock absorbers from stock motorcycle. This is not the first time that Neev Motorcycles is building a custom Royal Enfield with a monoshock rear suspension. If we look at Godzilla, Queen and Yodha from Neev, they had monoshock rear suspension.Neev Motorcycles MightyAt the front, Neev has given it custom fork covers, a redesigned handlebar with bar-end mirrors, a small after-market LED headlight and more. The main highlight at front is 180 section Pirelli Angel ST tyre wrapped on 17” wire spoke wheels with a custom fender to add muscle. Bullet-style LED indicators enhance the look as well.Royal Enfield Mighty 350cc gets a custom dual-tone paint job with RE logo replaced by Mighty logo. At the side, we can see a custom swingarm, custom exhaust bend cover, carburetor cover, toolbox, belly cover, a custom single-seat with a quilted leather pattern and a lot more. Neev Motorcycles offers a bolt-on rear seat which gets its own backrest as well.Royal Enfield Mighty 350 FeaturesWire-spoke wheels get a white pinstripe, which adds to overall appeal. The same 180-section Pirelli Angel ST tyre is found at the rear as well. Other custom-built parts by Neev Motorcycles include fuel tank, tank badge with Mighty logo in brass, lathe machined axles and spacers and more.Neev Motorcycles MightyThere have been some after-market components as well. Some of them include LED lighting all around, K&N air filter, bar-end mirrors, a digital twin-pod instrument cluster, a rear tyre hugger, handlebar grips and foot pegs. Along with dual-tone custom paint job, Neev Motorcycles has also done powder coating, anodizing, zinc plating, chrome plating and polish. All-in-all, ‘Mighty’ by Neev Motorcycles based on Classic 350 comes off as a fantastic-looking bobber with a lot of muscle and attitude. More

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    2023 Suzuki Burgman Street 125EX Launch Teaser – New Features

    Premium 125cc scooter segment is likely to heat up with the launch of new Suzuki Burgman Street 125EX in near futureSuzuki Burgman Street 125EXSuzuki Motorcycle India has shown consistent growth. In September 2022, Suzuki registered its highest-ever sales. Most of Suzuki’s strength in India comes from scooters and not motorcycles. For many reasons, Suzuki motorcycle sales have been dull for a long time.For reference, Suzuki sold 2,348 units of 150cc Gixxer duo and just 190 units of 250cc Gixxer trio in the month of September 2022. Suzuki’s budget and commuter motorcycle basket is currently empty. Suzuki only offers V-Strom 650 XT, Hayabusa and recently launched Katana in the big bikes category.With just scooters to bank on, Suzuki is set to strengthen its scooter portfolio in India. Access 125 is the highest-selling scooter for the brand followed by Burgman Street 125. Now, Suzuki is set to update its Burgman Street 125 with new features and enhancements to make it more appealing. Let’s take a look.2023 Suzuki Burgman Street 125EXAt INTERMOT Cologne International Motorcycle and Scooter Fair held in Germany, Suzuki showcased three of its 125cc scooters for Europe. These were Address 125, Avenis 125 and all-new Suzuki Burgman Street 125EX. Address 125 sold globally is the same as Access 125 that is sold in India.We’re coming with something special very soon.#ComingSoon #SuzukiIndia #SuzukiMotorcycle pic.twitter.com/6tWvBqNnit— Suzuki Motorcycle India (@suzuki2wheelers) December 5, 2022Of these three, it is Burgman Street 125EX that is making some buzz in India. Suzuki recently teased it on its social media handles revealing key updates that will come with this update. It is likely to be launched as the top-spec trim, while the outgoing scooter will be sold as a base-spec trim.For starters, Suzuki Burgman Street 125EX is still the same scooter as the outgoing model. Design and powertrain are kept identical. Suzuki is offering some key upgrades that are likely to offer more value to customers. A 12” rear alloy wheel as opposed to a 10” alloy wheel on the outgoing model. This way, Suzuki is adding more comfort and stability. Other features include a silent starter/generator like we have seen on Activa 6G and an auto start/stop system as we have seen with Yamaha’s 125cc scooters. All the features on the Ride Connect variant will be carried over to this new update.Powertrain ChangesSuzuki is now offering SEP-Alpha tech on Burgman Street 125 EX unlike the SEP (Suzuki Eco Performance) offered on the outgoing model. This is likely to be a tweaked version of SEP that is tuned towards more efficiency. Suzuki claims 56 km/l of fuel efficiency from this new EX variant of Burgman Street.2023 Suzuki Burgman Street 125 EXWith time, this SEP-Alpha is likely to also make it on Access 125 and Avenis 125. One can expect a slight price hike over the outgoing model owing to all the new features on an already feature-rich maxi-styled scooter. It is powered by a 124cc SOHC engine with 8.5 bhp and 10 Nm. Main feature highlights are LED headlights, Bluetooth connectivity and more.Launch timeline is not yet revealed, but it is likely to be sooner than one thinks. Its main rival is Aprilia SXR 125 and other rivals include TVS NTORQ, Honda Activa 125, Honda Grazia, Yamaha Ray ZR and the likes. For reference, Burgman Street currently starts from just under Rs. 90K. A price bump is likely. More

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    Ather Electric Scooter Sales Nov 2022 – New Offers, Discounts

    As demand is expected to increase in the future, Ather has launched its second manufacturing facility in Hosur, Tamil NaduAther Electric ScooterAther has registered strong growth in November 2022, with YoY gain of 260.08%. A total of 7,234 units were sold in the month, as compared to 2,009 units in November last year.While YoY growth is commendable, MoM growth is down by -11.92%. Ather sales in October 2022 were higher at 8,213 units. This was something that was expected, as auto sales tend to taper off after the festive season. Ather has maintained its market share in November and expects sales to bounce back from January 2023 onwards.Production capacity expandedAther recently launched its second manufacturing facility in Hosur, taking overall production capacity to 420,000 units per year. As of now, the company is producing 600 scooters per day. It will soon be increased to around 1,500 units per day. Ather’s second manufacturing unit is twice as large in area, as compared to the first factory. It has 2 vehicle and 3 battery lines.While production has been boosted, Ather has ensured that there are no compromises on quality. It is among the EV brands that have had relatively fewer issues related to battery fire, low range, build quality, etc. Ather’s deep focus on quality continues, as more than 200 parameters are evaluated for every scooter that passes through the assembly line.Ather Electric Scooter Sales Nov 2022With increased automation, Ather has been able to reduce assembly time by 20%. Automation also helps reduce faults and defects linked to human error. A higher level of consistency and accuracy can be achieved with increased automation. However, the human element is still necessary, as there are tasks that machines cannot do. Ather currently provides direct employment to around 1,600 individuals.Ather has consistently expanded its retail footprint across the country. With increased production capacity, it has become imperative to explore newer sales hubs. Towards that end, Ather launched nine new retail outlets in November. The new outlets are located in Salem, Dwarka, Gurugram, Patna, Hassan, Jamnagar, Bengaluru and Tuticorin. With the new outlets, Ather has expanded its reach to 59 cities. It currently has 73 experience centres across India.Ather Electric Scooter Discounts, Offers – Dec 2022Ather is also working on reducing the acquisition burden on consumers. Even with FAME II subsidy, Ather 450 Plus and 450X are priced at Rs 1.34 lakh and Rs 1.56 lakh in Bengaluru. This is quite high, as compared to popular ICE-based scooter Honda Activa that is available at a starting price of Rs 75,000.Ather Electric Scooter Discounts / Offers Dec 2022To make it easier for consumers to switch to electric, Ather has launched a first-of-its-kind EV finance scheme in partnership with IDFC Bank. For example, Ather 450X with on-road price of Rs 1.62 lakh can be purchased at monthly EMI of Rs 3,456. This will be a 48-months loan with a fixed interest rate of 8.50%. Consumers will benefit from zero processing fee and low down payment of Rs 39,416. Down payment can be even lower in case the buyer opts for a vehicle exchange scheme. More

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    Toyota Innova Hycross Electric Version Reportedly In The Works

    After electrification of Crysta, it is the turn of electric Innova Hycross prototype and it looks sharp in a renderToyota Innova HyCross Electric – RenderInnova Hycross is the one vehicle that is constantly generating a lot of interest among car buyers in India. It made its debut just a few days ago, with an official launch scheduled for next month. New Innova HyCross ditches diesel for clean burning petrol and strong hybrid powertrain options.Toyota reckons that hybrids are better bets than going full electric. That said, the company has full electric vehicles in its lineup under BZ series. Toyota had showcased an electric Innova Crysta prototype that was later spotted testing on public roads. There is a high possibility that Toyota is testing the feasibility of electrifying vehicles with ladder-frame chassis.Toyota Innova Hycross Electric PrototypeNew reports suggest that Toyota is looking into electrifying Innova Hycross. This info was revealed in one of the threads in a forum by Muhammad Joned. But there is a catch. This is likely to be only offered to fleet owners. Unlike Innova Crysta, Innova Hycross is based on a modern monocoque chassis that has a front wheel drive architecture. The former came with a ladder-frame chassis and had rear wheel drive architecture. This was revered as a robust vehicle and came with a diesel engine which was much sought-after.Hycross is almost opposite to Crysta in terms of its construction. The thread on this forum reveals that, apart from the Innova Crysta electric prototype that was showcased at Indonesia International Motor Show in Jakarta, there are two more such prototypes in Indonesia and two more in Thailand.Toyota Innova Crysta Electric Concept PrototypeAmong the ones in Indonesia, one is at TAM (Toyota Astra Motors), Jakarta, and the other is brought around for exhibitions and shows. The ones in Thailand are at the regional R&D base of Asia Pacific via Toyota Daihatsu Engineering Manufacturing. One was dismantled for Hycross (Zenix) as the plan was to make an electric version of Hycross (Zenix).The report further states that this prototype being built, is not aimed at private buyers. Instead, it is aimed at government and private fleet operators. Along with that, GSO and companies that want to go green, are intended customers. One such company is said to be a mining firm that has safety risks from using ICE cars.Innova Hycross Electric  – RenderDamanik’s Studio has created a tasty render of the upcoming prototype of Innova Hycross. It inculcates design philosophies that Toyota used while creating Innova Crysta electric prototype. Electric Innova Hycross prototype gets a new front fascia with a closed-off grille. Toyota logo gets a blue surround and there are blue colour splashes in the side profile.It is not yet officially revealed whether Toyota is making an electric prototype based on Innova Hycross. Even if there is one, there is no news as to when it will be showcased and where. One can expect it to have a battery big enough to cover 300 km of real-world use on a single charge.Render, Source More

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    2023 Mercedes-AMG S63 Returns as a 791-HP Plug-In Hybrid

    After a brief hiatus, the Mercedes-AMG S63 is back for 2023, now bearing the E Performance badge that signifies AMG’s sporty plug-in hybrids.The twin-turbo V-8 and electric motor combine for 791 horsepower, which can catapult the big sedan to 60 mph in a claimed 3.2 seconds.An air suspension and adaptive dampers should give the S63 the ability to switch between a cloud-like ride and athletic handling, and the cabin remains extremely luxurious.Mercedes controversially replaced the 2024 AMG C63’s V-8 with a plug-in-hybrid four-cylinder setup, sparking worry among AMG aficionados that other high-powered Mercedes could suffer a similar downsizing. But fear not, for the new 2023 Mercedes-AMG S63 E Performance retains its twin-turbocharged 4.0-liter V-8, adding a permanently excited synchronous electric motor to produce a massive 791 hp and 1055 pound-feet of torque. All of that power shoots the gargantuan sedan to 60 mph in a claimed 3.2 seconds and on to an electronically limited 180-mph top speed. The V-8 engine yields 603 hp and 664 pound-feet on its own, fed through a nine-speed automatic transmission. The hot-V setup, with the turbochargers stuffed between the cylinder banks, claims to improve responsiveness. The V-8 also features a belt-driven starter-generator that is integrated into the 400-volt electrical system. The electric motor, meanwhile, is mounted on the rear axle and is paired with a two-speed transmission and an electronically controlled limited-slip rear differential. The second gear engages around 87 mph, when the e-motor reaches its maximum speed of 13,500 rpm, dropping the motor back to a low rpm where it makes its peak torque. The electric motor can make 188 hp for up to 10 seconds, or a continuous 94 hp. While the gas and electric powertrains use separate transmissions, the all-wheel-drive system allows the e-motor’s power to be sent to the front wheels as well so the S63 can run as an all-wheel-drive EV. The battery pack is situated above the rear axle and has a 13.1-kWh capacity, providing a driving range of around 20 miles. Mercedes says that the positioning of the motor and battery on the rear axle improves weight distribution and handling.The S63 offers four levels of regeneration—the lowest allows for coasting while the highest permits one-pedal driving and can return up to 90 kW back into the battery. Charging for the battery is handled by a 3.7-kW onboard AC charger, but Mercedes didn’t cite a recharging time estimate. The new S63 comes with seven drive modes. The car starts silently in Electric mode—although a start-up sound “characteristic of AMG” plays on the interior speakers—and the S63 exclusively uses electric power up to 87 mph. The AMG also plays a low-frequency sound on exterior loudspeakers up to 19 mph to alert pedestrians of the luxo-barge’s presence. As the battery’s charge gets low, the car will switch into Comfort, which balances the two propulsion systems for smooth driving. A Battery Hold setting maintains the remaining charge, while Sport and Sport+ prioritize the e-motor’s power for spirited driving. A Slippery setting flattens the torque curve and prevents electric-only driving, while Individual lets the driver customize the setup. With air springs and adaptive dampers, the AMG Ride Control+ suspension system allows the S63 to transform from a sedate cruiser to a sports sedan depending on the drive mode. The S63 also lowers by 0.4 inches when it exceeds 75 mph, and it features active roll stabilization thanks to electro-mechanically controlled anti-roll bars that can be divided in half to handle differing road imperfections on either side of the car. Standard rear-wheel steering makes the S63 more nimble in tight spaces and more stable during high-speed cornering. The S63 doesn’t look too distinct from a normal S-class, but features a new grille with vertical slats and a front bumper with larger air intakes. The S63 rides on 21-inch wheels, while the rear includes four trapezoidal tailpipes sandwiching a diffuser. The cabin is appropriately rich and luxuriant for an S-class, with special AMG upholstery, stitching, seats, and steering wheel. The infotainment system also gains specific AMG and hybrid displays. More from Mercedes-AMGMercedes has yet to divulge pricing information for the S63 E Performance. The previous generation S63 sedan cost $152,595, a nearly $60,000 increase over the base S-class at the time. With the current S500 starting at $115,550, we expect the S63 to crest the $170,000 mark. Pricing details and availability will come later, but the S63 should arrive at some point in 2023. This content is imported from poll. You may be able to find the same content in another format, or you may be able to find more information, at their web site.This content is imported from poll. You may be able to find the same content in another format, or you may be able to find more information, at their web site. More

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    Munro EV Looks Like Tesla Cybertruck and INEOS Grenadier's Love Child

    This brand-new EV-only SUV from the U.K. startup Munro combines mechanical four-wheel drive with electric power.It’s being offered with a choice of 295-hp and 375-hp motors and 61.0-kWh and 81.0-kWh battery packs. The new SUV, just called the “Mk 1,” will be coming to the U.S. in a limited run during 2023.Neither the Tesla Cybertruck nor the INEOS Grenadier has come to market yet—but the Munro Mk 1 may beat them to it, and it could pass as their love child. It’s an all-new fully electric SUV from Scotland that promises to combine a zero-emissions drivetrain with go-anywhere utility. The Scottish company building it confirms it will be sold in the States, with the first examples set to arrive here as soon as next year.MunroNamed after the term for a Scottish mountain more than 3000 feet in height, the Munro will be sold as a work truck rather than a leisure vehicle, although it is not hard to see its appeal to green adventurers. According to Munro CEO Russ Peterson, it has been designed to meet Class 3 medium-duty classification in the U.S., with either a two- or a five-seat cabin and the ability to carry up to 2200 pounds of cargo. It can also tow up to 7700 pounds under European testing methodology.Beyond the electric powertrain, the Munro takes a very traditional approach. It sits on a ladder-frame steel chassis and uses solid axles at both ends, powered by a permanent four-wheel-drive system which incorporates a low-range transfer case intended for off-roading. A locking center differential will be standard, with locking front and rear diffs an option. MunroTerrifyingly Quick? While most electric SUVs use two or more motors, the Mk 1 takes a much simpler approach. It uses a single centrally mounted axial flux motor which then supplies drive to each corner mechanically. Munro says it is planning to offer both 295-hp and 375-hp motor options, plus the choice of 61.0-kWh and 81.0-kWh battery capacities. (The packs are actually split into three, with one between the chassis rails and two more just outside.) The more powerful motor will only come with the bigger battery. Munro says it’s targeting 190 miles of range under the European WLTP test; that would probably fall to less than 170 miles in the U.S. We don’t have a range prediction for the smaller pack. The Mk 1 will support both AC charging and DC fast-charging. It will be quick, too—possibly terrifyingly so, given a claimed 4.9-second zero-to-62-mph time for the most powerful version. Top speed will be limited to 80 mph.The Mk 1’s bodywork has been designed by Ross Compton, who formerly worked at Bollinger Motors. The quad light units at each side at the front are off-the-shelf units designed to be easily replaced; the charging ports sit just inside the left-hand unit. Bodywork is aluminum, although with wheel arches protected by bolt-on fiberglass cladding that is intended to be easily replaced in the event of damage. Similar logic has dictated all-flat glass, allowing users in remote areas to cut replacement windows if they are unable to find original parts. (Gordon Murray used the similar idea for his innovative OX concept.) No-nonsense interior of the Munro Mk 1.MunroThe Mk 1’s interior is similarly utilitarian. The concept shown at the launch event in Edinburgh didn’t have carpeting or a headliner, although we’re told the production version will gain some kind of noise insulation. Although short on toys, the cabin has plenty of room for five full-size adult occupants, and this is definitely one EV that won’t be criticized for a lack of luggage space: the huge plywood-lined load compartment has been sized to accommodate a 47.2-by-31.5-inch pallet. There are also two storage lockers within the front fenders that can be accessed by small flaps on top; this arrangement is intended to help keep dirty items out of the cabin.Plug-In TruckingIf Munro is able to deliver on its promises for the concept, the Mk 1’s off-road performance should be impressive. The company claims a very impressive 18.9-inches of ground clearance and a 31.5-inch wading depth. Despite sitting on a 130-inch wheelbase, the Mk 1’s minimal overhangs mean it is just 180.7 inches long, or 19.7-inches shorter than the new Land Rover Defender 130. The widely pushed axles also give the Mk 1 a claimed 84-degree approach angle, 51-degree departure angle, and 31.6-degree ramp-over angle. We don’t have a finalized curb weight yet, but Munro is hoping this will be around 5500 pounds, which would be very impressive if delivered for such a sizable EV.Having spent around £1m building the prototype, Munro is now raising funding that will allow it to started limited production of the Mk 1, with early vehicles then sent to commercial users for in-the-wild testing. Beyond that the ambition is to create a new manufacturing facility capable of producing up to 2500 cars a year in Scotland – which would be the country’s first car factory since the former Chrysler plant at Linwood was closed in 1981. But Peterson also told C/D that any volume production for the U.S. would almost certainly come from a plant in North American to help avoid import taxes. Pricing for the most basic two-seat version will be about $61,000 at current exchange rates and run to the equivalent of around $115,000 for the five-seater with the more powerful motor, bigger battery pack, and a full set of options including air suspension. We look forward to finding out how it deals with the more rugged and remote parts of its homeland. Also, ours. This content is imported from OpenWeb. You may be able to find the same content in another format, or you may be able to find more information, at their web site. More