Bentley Flying Spur Speed ​​2023, Ford Mustang Hybrid And AWD Plans Cancelled, And Toyota GR Corolla 2023 Price: Your Morning Review

Good morning and welcome to the daily digest of automotive news from around the world, starting with…

Good News: Gas Prices At Pumps May Continue To Drop In The Near Future

In June, the national average fuel price stood at $5.02 per gallon, but according to a new report, prices are set to fall. Averages at the pump are already around $3.79 a gallon, but Patrick DeHann, GasBuddy’s head of petroleum analysis, said the decline “will continue for now.” DeHann thinks prices might even drop below $3 before the end of the year in some states.

New Flying Speed ​​​​Joins Bentley Ranking With 626 HP, Top Speed ​​207 MPH

The new Flying Spur Speed ​​is the fastest version of Bentley’s four-door luxury sedan, with a top speed of 207 mph and 0–60 mph (96 km/h) in 3.7 seconds. It is powered by a 626 hp (467 kW/635 PS) and 664 lb-ft (900 Nm) 6.0-liter twin-turbo W12 engine. Since the standard W12 model went out of production earlier this year, the only Flying Spur with W12 available is the Mulliner, which has a deficit of 84 hp (62 kW/85 PS) and puts out 96 lb-ft (130 Nm). ) less torque than the new Speed.

Toyota GR Corolla 2023 Price Revealed, Ranges From $35,900 To $49,900

While speculation has run rampant, we finally know how much the long-awaited 2023 Toyota GR Corolla will cost. The 300 hp (223 kW) and 275 lb-ft (372 Nm) Core Edition will start at $35,900 before Dealer Processing and Handling fees of $1,095. The Circuit Edition, which is only available for 2023, will start at $42,900 and add a carbon fiber roof and a number of packages that are optional for the Core Edition. The high-end Morizo ​​edition starts at $49,900, increases torque to 295 pound-feet (399 Nm), and trims about 100 pounds in total weight.

Ford Mustang Hybrid Reportedly Dead, AWD Also Impossible

While plans for the Mustang Hybrid were first announced in 2018, it seems the idea might be completely off the table. That’s not all, as rumors of an all-wheel drive Mustang competing with the Challenger GT seem to have been ruled out as well. Instead, Ford is likely to build a seventh-generation Mustang (to be announced in less than a week) over the next eight years, before a full transition to electric around 2030.

Porsche IPO Is Go, says Volkswagen Group Board

Porsche’s IPO has been given the green light thanks to the board of the Volkswagen Group. While there are still some formalities to complete, the stock market launch now looks set to take place in September or October. The IPO could value Porsche between €60 billion and €85 billion ($60-85 billion), although it is understood that only part of the company will be offered to new investors.

New Nissan X-Trail 2023 Revealed For Europe With Electric Powertrain

European customers can finally take advantage of the fourth-generation Nissan X-Trail. The European-spec X-Trails will only be available in electrified form, with the lineup consisting of a petrol hybrid (e-Power) and mild hybrid powertrain. The trim structure aside, the Euro-spec X-Trail looks very similar to the X-Trail/Rogue sold in other markets, and is almost identical to the Japanese spec that was launched a few weeks ago.

New Pagani C10 Teaser Reveals Inside and Outside Details

The upcoming Pagani C10 has been teased even further, with recent footage revealing some of the key elements of the V12 hypercar. We see Pagani’s signature dual headlights, four round LED taillights, a quad exhaust pipe in the middle, and gold plated alloy wheels with matching Pagani branded brake calipers. There’s also a carbon fiber guard on the ventilated hood with the automaker’s crest on it, while inside, we can see leather-wrapped bucket seats and a fenced-in manual gearbox.

What Else Makes News

Instagram Fines Record $400 Million

Social media site Instagram has been fined €405 million ($402 million) by Ireland’s data privacy regulator. The fine follows an investigation opened in 2020, centered around the company’s handling of children’s data. That’s because children can open a business account, which facilitates the publication of the user’s phone number and/or email address, reports CNN. Meta, Instagram’s parent company, plans to appeal the fine.

US Bans “Advanced Technology” Companies From Building China Plants Amid Semiconductor Push

The Biden administration has determined that US technology companies that receive federal funding will be barred from building “advanced technology” facilities in China for the next 10 years. It comes as groups continue to push for reduced reliance on China in the face of a global semiconductor shortage.

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