Do you remember how Jaguar Classic has come to light? Just a year ago the E-type has become the first continuation model produced by Jaguar Classic. The Lightweight E-type will make its debut at the Le Mans Classic Circuit de la Sarthe on July 9th. If you didn't know yet the E-type chassis number 15 and is one of the famous ”Missing Six”. The E-type that originated in February 1963 for the intended 18-car “Special GT E-type” project seems more interested when you know that only 12 models were delivered by the Browns Lane competitors department between 1963 and 1964. The missing chassis numbers 13 to 18 got resurfaced in 2014, sparking the launch of Jaguar Classic. And now it's been announced the world debut of the continuation of the model XKSS. As expected the production of the models will be limited but not to 50 or 100 units, only 9 lucky owners will get the classic. The unveiling of the car will coincide with the opening of the Los Angeles Auto show this fall. Every model will be hand-crafted by Jaguar Classic technicians and manufactured to the exact specification at those first produced in 1957.
The fuel-emissions scandal of Volkswagen continues. Did you know that Volkswagen AG's settlement for about 50,000 owners and government regulators over polluting vehicles is valued at more than $15 billion cash? That amount is very high even for such a powerful company as Volkswagen. We will know more precisely about this settlement on Tuesday in Washington, when it will be announced that the company has to return to the owners $10.033 billion over diesel emissions of about 475,000 vehicles and approximately $5 billion in funds to offset excess diesel emissions and boost zero emission vehicles. The expected settlement is going to be more than $500 million and will push the total to over $15 billion. Volkswagen isn't commenting on these news yet but a source revealed that each owner of 2.0 liter diesel VW 2009-15 cars will receive at least $5,100 as a compensation along with the estimated value of the vehicles as of September 2015. Some owners will get $10,000 in compensation, it all depends on the value of the car.
BMW AG is going to revive North America output of its best-selling U.S. model, at the same time it will begin producing the next-generation 3-series sedan in a new factory in Mexico starting in 2019. The company will probably build another vehicle, but first of all it plans on making 150,000 3-series cars. Yes, if you're thinking about the money than you're right, the company had to invest $1 billion which was its first step to planting the root in the second North American manufacturing hub. You have probably observed already that the 3-series was one of the best selling luxury cars in U.S. and that is the reason why it will get updated in 2018.
It's been only a few days since we've wrote about Tesla's scandal, the rumors were flying for a few months now about its Model S having some suspension arms defects. Tesla Motors was blamed for a secret deal with gpcordaro, the pact pushed the owner to keep its silence about the auto problem. Tesla was asked to keep to comment on these claims, but the company decided to keep it silence from the start, which was more absurd and questionably. U.S. National Highway Traffic Safety Administration took the issue with the practice after many customer reports on Model S. The company says 37 of 40 complaints on Model S were fraudulent, the popular brand cooperated with NHTSA and no suspension problems were found “ to date”. It's been said that a false location or vehicle identification numbers were used, which might mean only one thing, the rumors are fake.