Hey, Your Top Automobile News for August 06, 2021

Your Daily Automobile updates From Around The World [  The Automobile News]( You Might Like [Learn more about RevenueStripe...](    [Further Stellantis Brands To Go Fully Electric](  At the presentation of its business figures for the first half of the year, Stellantis gave new details on its electrification strategy. Accordingly, DS Automobiles will only launch pure BEVs on the market from 2024. Alfa Romeo is to become an all-electric car brand from 2027. In early July, Stellantis had presented its electric strategy, announcing that Opel will become an electric brand in Europe from 2028. Fiat is set to become all-electric between 2025 and 2030 – as soon as electric cars can be sold at the price of combustion cars, it said in July. At the strategy presentation, however, the multi-brand group only went into a few examples – in addition to Opel and Fiat, the electrification plans of the US brands Dodge, RAM and Jeep were presented in more detail. For brands like Lancia or Alfa-Romeo, only claims like “From 2024, Alfa Becomes Alfa e-Romeo” were shown in the presentation. [Read Full Article](  Sponsored products  [Audi RS3 Sets New Record At Nürburgring; Becomes Fastest Car In Compact Class]( New Audi RS3 is capable of running at a top speed of 290 kmph. The new Audi RS3 gets power from a 2.5-litre five-cylinder engine that enables it to sprint 0-100 kmph in 3.8 seconds. The new Audi RS3 sedan has become the fastest compact car after setting a new lap timing record of 7:40.748 minutes at Nürburgring Nordschleife. The German luxury carmaker has announced in a release that Audi Sport racing and development driver Frank Stippler beat the previous lap record in the compact class by 4.64 seconds in June 2021. The torque splitter onboard the new Audi RS3, with its fully variable torque distribution on the rear axle was a key element in setting the new lap record, claimed the car brand. This is the first time an Audi car is using a torque splitter that distributes torque fully adjustably between the rear wheels, through a multi-disc clutch on each of the drive shafts. [Read Full Article](  [German Luxury Trio Gets Lion’s Share Of S. Korea’s Imported Car Market]( Finance Minister Hong Nam-ki said Thursday the government will discuss with local banks whether to further roll over the debt and interest payments of small merchants hit hard by the pandemic. Since April last year, the government has encouraged local banks to extend loan maturity and hold off interest payments for micro business owners to help them cope with the fallout of the pandemic. The measures, which have been extended by six months twice, are set to expire at end-September. “The government will decide whether to extend such financial support in September,” Hong told a meeting on emergency economic situations. [Read Full Article]( You Might Like [Learn more about RevenueStripe...](     Connect with the automobile news on social media [Facebook]( [Twitter]( [Linkedin]( You received this email because you operate or create content for a website/service and based on your website it seemed like this could be important information to you and your users. This newsletter is managed by [Postbox Consultancy Services Pvt. Ltd](.C-4/5, IBD Emporia, Kolar Road, Bhopal, Madhya Pradesh, INDIA, 462042 Want to change how you receive these emails? [Update your preferences]( or [Unsubscribe](