Car News

Jaguar Land Rover (JLR) has confirmed it lost £3.6 billion ($6.7 billion) in the financial year ending 31 March 2019. Around £3.3 billion ($6.2 billion) of that figure comes from the company writing down the value of its goodwill, real estate and facilities, as well as some of the costs related to slashing its worldwide workforce by 4500 people or around 10%. Taking extraordinary items out, the company had an operating loss of £358 million ($667 million) during the last financial year.

BMW has announced running changes for the 5 Series range this week, headlined by a new V8 engine for the M550i xDrive M Performance model. From July 2019, the M550i xDrive will get a new-generation engine seen in the M850i xDrive, a 4.4-litre twin-turbo V8 making a healthy 390kW of power and 750Nm of torque – not that far off the M5 Competition's 460kW and 750Nm outputs.

Safety isn't really a sexy thing. But it's something we take for granted, despite the fact safety features have led to a progressive reduction in road fatalities over previous decades (although, some think it has more to do with speed cameras).

It's not the latest AMG, nor is it the most affordable model, it's Mercedes-Benz's first production series electric vehicle that has generated the highest demand of any car to date. Mercedes-Benz is embarking on a new automotive era with its EQ vehicles, investing $16 billion in producing 10 new fully electric vehicles by 2022.

The top 10 manufacturers in Australia now all sport five year warranties, but Mercedes-Benz is no closer to increasing its warranty offering, instead focusing on reducing service pricing and the costs customers see most often during ownership.