Hammerson shares slump again after negative Credit Suisse note

Property Week News Feed - Fri, 03/16/2018 - 08:28
Shares in Hammerson slumped 4.86% on Thursday after investment bank Credit Suisse downgraded the stock and questioned its takeover of rival Intu.
Categories: Property

2019 Ram 1500 First Drive: A Truck That Rides Like a Car

Motortrend News Feed - Fri, 03/16/2018 - 04:01

You can read the market research data or just ask your friends who drive big trucks. Unless you hang out exclusively with people who work in construction or farming, they’ll admit most of the time the bed is empty. Some folks will take issue with that because full-size trucks were originally meant for work. But that’s not the way it is anymore. People today buy trucks for all kinds of reasons that have nothing to do with hauling stacks of Sheetrock, and folks don’t have to justify any of them. If you’re still wondering why automakers are putting heated and cooled leather seats and 1,500-watt stereos in trucks, it’s because customers are asking for them.

No automaker has taken this modern market reality to heart more than Ram. While it hasn’t yet mustered the nerve to charge six figures for a pickup like Ford has, Ram has been on the forefront of luxury truck interiors and features. Years before High Country Chevys, back when Denali GMCs were leather, grilles, and an optional engine, Ford rolled the dice on a Platinum F-150. Ram, though, took the idea and ran with it, launching the Laramie Long Horn—replete with southwest-inspired embroidery and embossing and even seat back pockets styled after saddle bags, with chrome buckles and all. Before that, Ram made the even bolder decision to junk the rear leaf springs in favor of smoother-riding coils and offer up a factory air suspension. Altogether, it’s paid off with several years of increased market share. With results like that, there’s only one way to go.

For the latest edition, Ram has doubled down on comfort, convenience, and style. After all, you ride a winning streak. But what’s impressive is Ram hasn’t traded capability for all that pizzazz. Last-generation Ram pickups were the heaviest in the class, and a fully loaded model left you just enough daylight in gross vehicle weight for people, much less cargo.

Ram hasn’t pulled an aluminum rabbit out of its hat like Ford, but it did find 225 pounds it could do without. High-strength steels that require less metal to do the same job, clever applications of aluminum in the engine and transmission cross members, and even composite upper control arms for the front suspension all contribute. Partly as a result, max payload is up to 2,300 pounds while trailering is up to 12,750 pounds max—both competitive with Ford’s and Chevy’s offerings.

Although there will be a plethora of powertrain combinations available, for this drive we only had a fleet of standard 5.7-liter V-8-equipped trucks in various trim levels. Ram predicts the unassisted V-8 will be the ticket for most private buyers, with the base eTorque V-6 and optional eTorque V-8 splitting the rest. We requisitioned both a lower-trim Big Horn and a top-shelf Limited to get a taste for the range.

In its effort to be friendlier to truck diehards and newcomers alike, Ram has pushed its style and comfort perks all the way down the ladder. Every trim level gets at least two interior options: one all-black and another light-colored option unique to each trim level. All models get an electronic parking brake. Everything but the base Tradesman gets more soft-touch materials inside. Every model save the specialty Rebel off-roader gets passive two-mode shocks for a better ride. All of them get a flat rear floor and bigger storage bins. Every Crew Cab is stretched 4 inches for more interior space, especially in the rear. Most interestingly, every model features Ram’s Active Tuned Mass Modules, or frame shakers, as I call ’em. They vibrate at the exact opposite frequency of the engine to cancel vibrations to allow more operation in four-cylinder mode and when “lugging” in higher gears to improve fuel economy. Combined with standard noise-canceling technology, they make even the low-spec interiors surprisingly carlike in their quietness and smoothness.

This is the biggest thing you notice about the new Ram—or don’t notice until you stop to think about it. The cab is a shockingly quiet and comfortable place by pickup truck standards, and it even puts some cars and SUVs to shame. It doesn’t matter if you bought the $33,000 truck or the $59,000 version. The ride over rough roads is surprisingly isolated and smooth for a 5,000-plus-pound vehicle. Combined with a naturally weighted and refreshingly direct steering rack, the new Ram is as easy and pleasant to drive as a car-based crossover.

Getting the work done is the 395-hp, 410-lb-ft V-8 you know, but thanks to the frame shakers, it can run in four-cylinder mode twice as often. An electric radiator fan reduces load on the engine, and improved aerodynamics (including an automatically deployed air dam) mean the engine doesn’t have to work as hard at higher speeds. All told, the cylinder-deactivation system is undetectable save for a tiny grumble from the exhaust when you lift off the throttle.

With all that torque on tap, the Ram gets up to speed briskly and smoothly with a pleasant little growl from the exhaust. The updated eight-speed automatic is better than ever, swapping gears like a seasoned card dealer—seemingly always in the right cog. Ram provided a farm tractor on a trailer for towing, and with 7,000 pounds (give or take) on the hitch, the truck was just as smooth, if a bit slower, as you’d expect. Equipped with optional towing mirrors, visibility around the truck and trailer is excellent, and the lines overlaid on the reverse camera screen make lining up the hitch a breeze. Likewise, the ability to extend the optional blind-spot monitor to cover a trailer up to 35 feet long is an appreciated safety net, as are the larger, stronger front brakes.

And you get all that on the nearly base model Big Horn, with its cloth seats and optional 8.4-inch touchscreen (5.0 inches is standard). On the other end, there’s the lifted luxury of the Limited trim. Ram claims that version has more leather and real wood and metal trim than any competitor, and I see no reason to doubt that. There’s a panoramic sunroof and a 19-speaker optional stereo. There’s an air suspension that makes it ride even better and levels the truck when loaded. To make life easier, there’s active cruise control with lane keeping assistance, a 360-degree camera, and semi-automatic parallel and perpendicular parking systems. Back-seat passengers won’t miss out, either, with the optional heated and cooled rear seats, which also recline.

The real party trick, though, is the 12.0-inch touchscreen. Running the latest, greatest version of Fiat Chrysler’s Uconnect software and exclusively available with SiriusXM 360L on-demand satellite radio, it’s the closest thing you can get to a Tesla screen in a gas-powered vehicle at any price. Like Tesla’s, it can run a full screen or two smaller screens split horizontally. Unlike Tesla’s, it has lots of redundant buttons and knobs if you prefer. I do wish it were as configurable and intuitive as the Tesla screen, but it’s pretty close, especially after you dig through the menus a bit and get to know it. It would be nice if you could run the navigation in split screen rather than full screen, though. Its best feature, if you ask me, is its ability to run Apple CarPlay or Android Auto in split-screen mode rather than have it take over the entire screen like nearly every other vehicle’s infotainment system.

The truck traditionalists among you have likely been rolling your eyes for nearly a dozen paragraphs, right? Who needs all these bells and whistles? Will it haul gravel and my Jet Skis? Look, if you want a base model with bench seats and AM/FM radio and CD player, Ram will gladly sell you one—and it’ll tow and haul more than last year’s truck. But if you’re like a lot of today’s truck buyers and want to replace one or more of your vehicles with a do-everything full-size truck that’ll be as comfortable and spacious as your luxury sedan, Ram has ticked every box on your wish list.

2019 Ram 1500 BASE PRICE $33,340-$59,035 VEHICLE LAYOUT Front-engine, RWD/4WD, 2-5-pass, 2-4-door truck ENGINES 3.6L/305-hp/269-lb-ft DOHC 24-valve V-6 plus 12-hp/90-lb-ft electric motor; 305 hp/269 lb-ft comb; 5.7L/395-hp/410-lb-ft OHV 16-valve V-8; 5.7L/395-hp/410-lb-ft OHV 16-valve V-8 plus 16-hp/130-lb-ft electric motor; 395-hp/410-lb-ft comb TRANSMISSION 8-speed auto CURB WEIGHT 4,800-5,400 lb (mfr) WHEELBASE 140.5-153.5 in LENGTH X WIDTH X HEIGHT 228.9-241.8 x 82.1 x 75.9-79.7 in 0-60 MPH 6.5 sec (MT est) EPA CITY/HWY/COMB FUEL ECON 15/22/17 mpg* ENERGY CONSUMPTION, CITY/HWY 225/153 kW-hrs/100 miles* CO2 EMISSIONS, COMB 1.11 lb/mile* ON SALE IN U.S. Currently *Base 5.7L, all others not yet rated *SAE Certified Ram Goes Hybrid

The first redesigned Ram full-sized trucks out the gate will be equipped with the tried-and-true 5.7-liter V-8, but it’ll have friends soon. In addition to the return of the EcoDiesel later this year, Ram 1500s will also be available with new “eTorque” V-6 and V-8 mild-hybrid powertrains.

Also known as a belt alternator starter, or BAS, the eTorque system replaces the alternator with a compact but powerful electric motor/generator. The liquid-cooled unit affixed to 3.6-liter Pentastar V-6 engines can produce up to 90 lb-ft of additional torque, and the air-cooled unit mounted to the 5.7-liter Hemi V-8 produces up to 130 lb-ft.

The motor/generators have multiple jobs. While the engine is running, they feed in additional torque at low rpm to give the engine a boost. When the automatic engine stop/start system engages, they restart the engine much more quickly and smoothly than the starter motor. When they’re not adding power, they generate it when the truck slows down, enhancing engine braking. On the V-8 engine, the motor/generator also can add torque on demand to extend the range of conditions when the engine can run in fuel-saving mode with some of its cylinders shut off.

The motor/generators get their power from and supply their regenerative braking to a 48-volt battery sandwiched in the rear wall of the cab, behind the rear seats. From there, a DC-to-DC converter supplies 12-volt power to the truck’s electrical system and the 12-volt battery.

The post 2019 Ram 1500 First Drive: A Truck That Rides Like a Car appeared first on Motor Trend.

Categories: Property

2019 Ram 1500 first drive: the luxury car of pickup trucks

The Car Connection News Feed - Fri, 03/16/2018 - 04:01
The 2019 Ram 1500 has fully adapted to the way most drivers use their trucks: livability trumps utility. Sure, the latest Ram is powerful enough to lug a trailer weighing up to 12,750 pounds, but that didn’t matter to me as I took in the warm scent of leather and ran my hand across the rough-finish wood trim inside a megabuck Ram 1500...
Categories: Property

AlloyMtd on hunt for next big London buy

Property Week News Feed - Fri, 03/16/2018 - 00:00
One Crown Place developer says capital still prime location, despite Brexit fears.
Categories: Property

Hermes markets refurbished Birmingham office for £70m

Property Week News Feed - Fri, 03/16/2018 - 00:00
Hermes to sell art deco building bought for £40m in 2013, following refurbishment and letting programme.
Categories: Property

Pacific to raise £50m for portfolio deals

Property Week News Feed - Fri, 03/16/2018 - 00:00
Industrial REIT hits market to fund acquisitions in the south and North West.
Categories: Property

LaSalle fund refinances 40 hotels with £22m mezzanine loan

Property Week News Feed - Fri, 03/16/2018 - 00:00
LaSalle Investment Management’s LREDS III fund has provided a £22.2m, five-year mezzanine facility to refinance a portfolio of 40 hotels managed by the Shearings Leisure Group.
Categories: Property

2018 Porsche 911

The Car Connection News Feed - Thu, 03/15/2018 - 22:43
The 2018 Porsche 911 has been unusually busy this year. In addition to purist-focused 911 GTS and 911 Carrera T versions, Porsche has added a world-beating 911 GT2 RS and GT3 variants, a Turbo S Exclusive option, and a GT3 Touring Package that tempts half-million-dollar collectors with its content. Oh, and about that GT2 RS: It’s the fastest...
Categories: Property

Ford Plans to Sell a Hybrid Bronco SUV

Motortrend News Feed - Thu, 03/15/2018 - 22:35

Ford made several announcements today about its plans for the next few years. Among other things, we learned that the Explorer ST is officially happening, the upcoming Mach 1 electric SUV will have more than 300 miles of range, and Lincoln will show off a new Aviator SUV at this year’s New York Auto Show. But the most interesting information had to do with the new Bronco.

We’ve known for a while that the Bronco would go on sale in 2020, one year after the U.S.-market Ranger it will be based on. But beyond that, Ford hasn’t had much to say. Today, though, we learned that a hybrid version is officially happening. That doesn’t mean the Bronco will only be available as a hybrid, but until now, a hybrid Bronco was only a rumor.

When the new Bronco finally does go on sale, don’t expect it to be a hardcore rock crawler aimed squarely at the Jeep Wrangler Rubicon. According to Jim Farley, head of global markets, Ford plans to position it as more of a Raptor-like desert runner. From the sound of it, the Bronco will still be a capable off-roader. It will just be more of an indirect competitor for the Wrangler.

Ford also announced plans for a smaller, still-unnamed off-roader. Expect it to be about the same size as an Escape and look a lot like the shadowy rendering shown above. Since it was just announced, we know even less about this mini-Bronco than we do about the real thing. But based on what we can see, it looks like an appropriately boxy little off-roader.

“Ford helped start the off-road phenomenon and has majored in off-road capability for decades—from the Bronco to the Raptor,” said Farley in a statement. “Now, we’re ready to reclaim our rightful place as the off-road vehicle leader.”

Source: Ford

The post Ford Plans to Sell a Hybrid Bronco SUV appeared first on Motor Trend.

Categories: Property

2018 Porsche Macan

The Car Connection News Feed - Thu, 03/15/2018 - 22:28
It didn’t take long after its arrival for the Porsche Macan to become the best-selling model from the luxury automaker. It satisfied not only the growing appetite for luxury crossover SUVs, but also the Macan supplied the performance that many expected from the Porsche badge. The 2018 Porsche Macan is hitting its stride now. A year removed...
Categories: Property

McLaren 570GT MSO Black Collection is an Under-the-Radar Supercar

Motortrend News Feed - Thu, 03/15/2018 - 21:53

When picking the color of your next supercar, resist the temptation of bright, Skittles-colored attention missiles–go with black. It looks like McLaren is happy to oblige the subtler enthusiasts among us with a new limited-run of the 570GT MSO Black Collection.

McLaren’s specialty MSO division is behind the new model, darkening the entire exterior of the supercar with a combination of unique Carbon Black paint and the MSO Black Pack that replaces gray accents on the front fascia, rear bumper, side skirts, and air intake. Even the usually colorful brake calipers are coated in dusky black paint, hiding behind Gloss Black wheels.

Inside, it’s similarly shadowy. MSO decked the interior out with the Black Collection kit, adding Jet Black and Carbon Black Alcantara to the headliner, instrument panel, speaker surrounds, steering wheel, and central transmission tunnel. To differentiate it from other pedestrian McLarens, the headrests are stitched with MSO badging, the starter button is blacked out, and a special plaque is displayed on the center console.

Aside from these aesthetic touches, each Black Collection arrives with the GT Upgrade pack that includes an upgraded Bowers and Wilkins sound system, power steering column, axle lift system, and a back-up camera. Not that you’ll need the radio, considering all Black Collections are fitted with a Titanium SuperSports exhaust from MSO, along with carbon ceramic brakes yanked from the optional Sport Pack.

If you’re interested in stealth speed, get in touch with McLaren soon, as only 100 Black Collection 570GTs will be built, each carrying a base price of £179,950, which would convert to about $250,800 at today’s exchange rates.

Source: McLaren

The post McLaren 570GT MSO Black Collection is an Under-the-Radar Supercar appeared first on Motor Trend.

Categories: Property

2018 Mazda6 Sedan Starts at $22,840

Motortrend News Feed - Thu, 03/15/2018 - 21:00

Look out Honda and ToyotaAudi and BMW, too. For 2018, the refreshed Mazda6 sedan starts at $22,840 for a base model and goes up to $35,640 for a fully loaded, Signature trim version.

The sexier sedan made its debut late last year in Los Angeles, and we caught up with Ken Saward, Mazda senior design manager, at the 2018 Chicago Auto Show for details about the upgrade.

“The thing we did with the Mazda6 is we have this new what we’re calling mature elegance. And so we really wanted to do is kind of bring this car upscale a little bit,” said Saward.

From behind the wheel of a new Signature model on the show floor, it was easy to see and feel the difference from the outgoing model, thanks in part to its new Japanese Sen wood trim and Nappa leather seats.

“We have given the dashboard what looks like a really strong horizontal element to it so that the car has this kind of wide feel, too, when you get in it. But you still have this kind of centered cockpit, and you feel like you’re in charge,” said Saward pointing out the new bits.

The interior looks big thanks to the new design layout and the front seats are a little firmer, with an S-curve to them, and feel more comfortable. The Signature trim level is also available in the Mazda CX-9 SUV and features Parchment or Deep Chestnut Nappa leather, Ultrasuede touches, and a handy new 360⁰ View Monitor.

“The seats now have a ventilated seat back and seat cushion. So as opposed to doing like an air-conditioned seat, it basically sucks the air. So it takes the hot air off your back out of your body, and it pulls it out,” Saward explains.

Under the hood, the Signature Mazda6 shares the same 2.5-liter turbo-four from the CX-9 that delivers up to 250 hp and 310 lb-ft of torque. It’s also available in the Mazda6 Grand Touring trim.

Outside, the new grille gives the sporty sedan a more aggressive look than last year’s more modest mug.

“It’s got a new front fascia, a new rear fascia, wider grille, lower kind of attitude to it. We’ve moved the fog lights up into the main lighting housing,” said Seward.

“It does two things. It basically simplifies the design of the front end. It also basically takes everything into the headlights, which then you don’t have to have any extra wiring and everything. At the end of the day, it saves a little bit of weight. At Mazda, we’re all about saving weight—increasing quality but saving weight.”

The Mazda6 Touring and Mazda6 Sport trims feature a 2.5-liter four-cylinder engine that produces 187 hp and 186 lb-ft of torque. Both are mated to a six-speed automatic transmission, and the Sport can be ordered with a six-speed manual.

“But now as we move much more to a premium set, we’re finding that more of the premium brand shoppers are coming down into Mazdas, like BMW or Audi shoppers—and they’re starting to look at Mazdas like a real alternative. We call it alternative to premium.”

New premium paint flavors include Soul Red Crystal for an additional $595 (worth it), Machine Gray Metallic for $300 (nice), and Snowflake White Pearl Mica for $200 (a steal).

Pricing for the new 2018 model is as follows: The Mazda6 Sport starts at $22,840 for a manual transmission and $23,890 for an automatic one. The Mazda6 Touring is $26,590; the Mazda6 Grand Touring is $30,090; and the Mazda6 Grand Touring Reserve is $32,590. At the top of the line is the Mazda6 Signature at $35,640.

Mazda says the 2018 models are expected to arrive at dealerships in April.

The post 2018 Mazda6 Sedan Starts at $22,840 appeared first on Motor Trend.

Categories: Property

2019 Mercedes-Maybach S650 Pullman Makes an Ultra-Luxurious 621 HP

Motortrend News Feed - Thu, 03/15/2018 - 20:18

If regular cars all get a midcycle refresh after a few years, shouldn’t a factory-built ultra-luxurious limousine get the same treatment? Mercedes apparently thinks so because today it revealed an updated 2019 Mercedes-Maybach S650 Pullman with a new grille and an even more opulent interior.

Like the Mercedes-Maybach S600 Pullman that debuted about three years ago, the S650 Pullman is long. Really long. More than 21 feet long. For comparison, the Pullman’s about four feet longer than the regular S-Class, and it stretches more than six feet past the CLA.

It’s also still powered by a twin-turbo V-12, but this time around, it’s been tuned to make 621 hp. That’s nearly 100 hp more than the same engine made in the S600 Pullman. But as large as the S650 is, that’s still not enough power to make it particularly quick. Mercedes says it takes 6.5 seconds to hit 62 mph.

If the S650’s grille looks familiar, that’s because it was inspired by the Vision Mercedes-Maybach 6 concept. Customers will now be able to order the S650 Pullman with the two-tone paint combinations that debuted on the non-Pullman version of the 2019 Mercedes-Maybach S-Class.

Inside, three new colors have been added to the options list. But even though Mercedes didn’t do much to the interior, it’s hard to see what would need to be changed. The S650 Pullman’s cabin looks absolutely incredible. It may be possible to build a more luxurious limousine, but it wouldn’t be easy.

According to Mercedes, pricing for the new S650 Pullman “starts at around half a million euro.” At current exchange rates, that would be about $615,000, but we have a feeling transaction prices will actually be much higher once buyers finish adding options and any custom requests to their orders.

Source: Daimler

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Categories: Property

Future of Ford Is Filled with More Mustangs, Trucks, Off-Road SUVs

Motortrend News Feed - Thu, 03/15/2018 - 18:42

A more-focused Ford is betting heavily on the vehicles that make money and raise the image of the Blue Oval and that means performance, SUVs, trucks, and electrified vehicles and very few actual mainstream cars coming to market over the next two years.

By 2020, Ford will have replaced 75 percent of its lineup and added four new nameplates—all trucks and SUVs, said Joe Hinrichs, head of global operations. In fact, 86 percent of the lineup will be trucks and SUVs.

Trucks are big business

Ford knows where its bread is buttered: F-Series pickups are a $41 billion business, bigger than Coke or Nike, said Jim Farley, head of global markets. Thus, the automaker has an F-150 with a diesel coming this spring that promises best-in-class horsepower, torque, and 30 mpg on the highway.

The F-150 hybrid comes in 2020 with a mobile generator, and an all-new Super Duty by 2020. Executives at a product overview for the media also hinted there will be more Raptor news to come, which has us envisioning a Ranger Raptor sometime after the Ranger midsize pickup goes on sale next year in the U.S.

Mustang power

The other iconic nameplate is Mustang. In addition to a hybrid version of the current pony car, the return of the Shelby GT500 promises street legal performance off the charts and a Ford showroom with the unusual distinction of offering both the GT350 and GT500 at the same time.

Mustang GT500

To further leverage Mustang cachet, the muscle car is the inspiration for Ford’s first all-electric performance vehicle which is in fact a utility vehicle with Mustang styling coming in 2020. We await full details to see how it takes on Tesla in acceleration and range, which Ford has said will exceed 300 miles. Ford teased the name Mach 1 at the North American International Auto Show in January and the name is still under consideration. Ford has promised six pure electric vehicles by 2022. Porsche also has chosen a wagon-utility vehicle body style for its first production pure EV, the Mission E Cross Turismo.

Bring on the SUVs

By 2020 Ford will have four new utility vehicles, over and above the EcoSport, a global vehicle new to the U.S. market, the new Edge and Edge ST performance version; and the new Expedition.

Still to come: the next-generation Escape including a hybrid, as well as an all-new Escape-sized off-road SUV (pictured at top of page) that does not yet have a name but joins the growing trend to introduce both urban and rugged small SUVs in a segment that continues to grow in popularity.

And there is the much-anticipated Bronco coming in 2020, which will also be offered with a hybrid option. Farley said Ford’s definition of off-road is not Jeep and Moab, but dirt trails, sand dunes, and general lifestyle adventures while retaining strong on-road capability, like the Raptor.

New Ford Bronco

Also coming is the next-generation Explorer that will include the conventional three-row SUV, hybrid options, and an ST performance version.

Lincoln slow but not forgotten

Not to leave out Lincoln, an Explorer-sized Aviator will bow at the New York auto show. Plus, there is another SUV in the works by 2020 and then four more planned after that, said Hinrichs.

EVs high on the agenda

On the electrified side, Farley is making some bold claims. All utility vehicles in the future will have a hybrid, plug-in hybrid, or both. Ford expects to be No.1 in hybrids by 2021, jumping ahead of Toyota, he said, by ensuring all the automaker’s mainstream vehicles offer some degree of electrification.

The peek behind the curtain—not all details can be shared yet—comes as investors and critics have described Ford as falling behind the competition in everything from products to technology to overall management.

Financial fitness

Jim Hackett, who took over as CEO in May with the ouster of Mark Fields, said it is time to share some of the efforts to date as the automaker works to cut costs, pare the lineup, change how it engineers new products, and invest in strategic areas including driver assist technologies, standard 4G LTE by the end of 2019, and over-the-air updates.

The efforts include reducing engineering costs by $4 billion over five years, cutting development time by 20 percent, reducing complexity by offering fewer configurations of vehicles, and improving quality.

Platforms will be replaced by five vehicle architectures: front-wheel drive unibody; rear-drive unibody; commercial van unibody; body-on-frame; and battery electric vehicles. Common modules will account for 70 percent of a vehicle. Instead of seven moonroof choices, there will be two or three, Hinrichs said.

“We’re going to run the company better,” Hackett said.

Going forward, a basic suite of driver-assist technologies dubbed Ford Co-Pilot360 will make features such as emergency braking and blind spot warning standard on virtually all vehicles in the future. Co-Pilot360 will be on an updated Fusion.

The post Future of Ford Is Filled with More Mustangs, Trucks, Off-Road SUVs appeared first on Motor Trend.

Categories: Property

Ford Mustang, F-150, Escape, Explorer will go hybrid; company plans 6 new battery-electric vehicles by 2022

The Car Connection News Feed - Thu, 03/15/2018 - 18:00
Ford will invest–and gamble–heavily on electrified vehicles in the next two years as it introduces new hybrid and plug-in hybrid versions of its most popular vehicles, including the F-150 pickup, the Mustang sports car, and the Escape and Explorer crossover SUVs. At the same time, Ford plans to introduce a series of new...
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Ford Co-Pilot360 safety systems are coming, ready to take on Honda and Toyota

The Car Connection News Feed - Thu, 03/15/2018 - 18:00
Ford announced a raft of standard safety systems for its cars, crossover SUVs, and trucks at a press conference Thursday, and became the latest automaker to make automatic emergency braking and other safety systems standard on many of its vehicles. Beginning this fall with the 2019 Ford Edge and Edge ST, the so-called "Ford Co-Pilot360" package on...
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Westfield bags Boden for shopping centre debut

Property Week News Feed - Thu, 03/15/2018 - 17:57
Fashion retailer Boden has signed up for its first-ever shopping centre store by leasing space at the new Westfield London extension.
Categories: Property

2019 Kia Sorento Starts at $26,980

Motortrend News Feed - Thu, 03/15/2018 - 17:55

At the Los Angeles Auto Show last year, Kia revealed the refreshed version of its Sorento midsize crossover. Now we finally know pricing. And as it turns out, the 2019 Kia Sorento is a bit more expensive than the current version.

With destination included, the base price of the entry-level Sorento L is $26,980, $90 more than the pre-refreshed Sorento L. Step up to the nicer LX, and you’ll pay $28,480. The mid-level Sorento EX starts at $36,580, while the fancier SX costs $40,980. Choose the top-of-the-line Sorento SXL, however, and the price rises to $45,680.

All trim levels can be ordered with front-wheel drive, but on every version above the L, Kia will let you add all-wheel drive for $1,800. And while the EX, SX, and SXL include a 290-hp 3.3-liter V-6 as standard, it can be added to the LX for $3,800. Otherwise, the L and LX share the same 2.4-liter inline-four with 185 hp. There’s no charge for the third-row option since seven-passenger seating comes standard across the line.

Besides updating the Sorento’s styling for 2019, Kia added an updated infotainment system with Apple CarPlay and Android Auto as standard, a number of driver assistance and safety features, and more luxurious interior options. The all-wheel-drive system now pairs a locking center differential with torque vectoring to improve the Sorento’s handling and off-road capability. Based on what we can see in the video below, the Sorento’s updated all-wheel-drive system gives it a surprising amount of off-road capability.

There’s still no information regarding the 2019 Kia Sorento’s on-sale date, but it should hit dealers fairly soon.

Source: Kia

The post 2019 Kia Sorento Starts at $26,980 appeared first on Motor Trend.

Categories: Property

Z Hotels secures £18m Metro Bank funding

Property Week News Feed - Thu, 03/15/2018 - 16:52
Metro Bank has provided Z Hotels with £18m funding to finance the acquisition of a five-storey office building just off Trafalgar Square.
Categories: Property

London still lagging behind on affordable homes target

Property Week News Feed - Thu, 03/15/2018 - 16:27
New data has suggested that London is behind on its target to provide 90,000 affordable homes starts by 2021, having achieved 6,725 affordable home starts in the past 11 months.
Categories: Property