Industry
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As recently as March of this year German sports car manufacturer Melkus was making headlines with new model introductions, however, things have turned sour since then and now Melkus is making headlines once again, this time due to the company recently filing for bankruptcy with a court in Dresden, Germany. According to reports coming out of Germany, dwindling sales of the company’s RS2000 sports car are the reason behind its management’s decision to file for bankruptcy. Melkus was founded in 1959 by German race car driver Heinz Melkus, and built a single model, the RS 1000, until...
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GM Participating In U.S. Car-To-Car Communications TrialCoinciding with a similar program being run in Germany, the U.S. Department of Transportation is about to start a trial of technology relying on car-to-car and car-to-object communications. The hope is that cars, either through warnings made to their driver or through autonomous systems will be...
Viknesh Vijayenthiran -
Infiniti Latest To Eye Mexican PlantAudi recently confirmed plans to build a new plant in Mexico and BMW is reportedly considering the same, so it comes as little surprise that fellow luxury automaker Infiniti is also considering building a new plant in Mexico. The information was revealed by none other than former Audi of America...
Viknesh Vijayenthiran -
Acura Integra Only Luxury Model To Make Top Ten Most Stolen ListIt turns out the 1994 Acura Integra was the most stolen luxury vehicle of 2011, according to the results of a study conducted by the National Insurance Crime Bureau (NICB), which examined vehicle theft data submitted by all law enforcement agencies to the National Crime Information Center (NCIC)...
Viknesh Vijayenthiran -
Fisker Needs More Money, Says Key InvestorCalifornian electric car startup Fisker Automotive will need to raise an additional $150 million to help fund its operations until its second model, the highly-anticipated Atlantic, makes its sales debut. The information was revealed by a key investor to the firm, and the recipient of the very...
Viknesh Vijayenthiran -
IIHS Toughens Frontal Crash Tests, Acura And Volvo Come Out On TopGetting a perfect score in the Insurance Institute for Highway Safety’s (IIHS) round of crash tests just got that much harder, with the agency introducing a tough new test it says will help spur automakers into improving protection of occupants during severe frontal crashes. The latest test...
Viknesh Vijayenthiran -
It’s no secret that the Infiniti Emerg-E range-extended electric car concept, one of the crowd-pleasers at this year’s Geneva Motor Show, was built on a Lotus Evora platform. Though rivals on paper, Lotus and Infiniti are both working with the UK’s Technology Strategy Board to further the development of eco-friendly technology. Hence, a collaboration like the Emerg-E makes sense for both parties, and Lotus has a history of selling platforms to automakers like Tesla and Hennessey. Renault is said to be seeking a partner for the development of its Alpine sports car, so could...
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Lincoln To Focus On Targeting Highest-Volume Luxury SegmentsLincoln may be Ford’s in-house luxury brand, but don’t expect to see a flagship concept like Cadillac’s stunning Ciel from it in the near future. Instead, Lincoln’s product plan calls for a focus on building competitive products for the highest volume luxury segments. While...
Kurt Ernst -
Here's What Fiat's Sergio Marchionne Drives For FunRunning a major automaker involves lots of hard work and plenty of long hours, but rank hath its privileges. In addition to the six-or-seven figure salary plus stock options, it’s pretty much a given that the CEO gets to pick any car (or really, any cars) from the company catalog to drive...
Kurt Ernst -
Will Spyker Focus On Brand-Building In The U.S.?Luxury supercar builder (and former Saab parent) Spyker has just announced the appointment of John Walton to the dual roles of chief commercial officer and managing director of its American business unit. Walton is the former vice president of Aston Martin North America, back when the luxury...
Kurt Ernst -
Mercedes-Benz Brings Car-To-Car Communication Research To U.S.Yesterday we brought you the first details about a new initiative taking place in Germany where a number of firms, including major automakers, are working to develop a common standard for future car-to-car and car-to-object communication technology. Called “Safe Intelligent Mobility -...
Viknesh Vijayenthiran -
Does Ford’s 'One Manufacturing' System Spell The End Of The Falcon?We’ve heard a lot about Australia’s Holden Commodore, which in sedan bodystyle is set to debut once again in the U.S., this time as the 2014 Chevrolet SS. However, the Australian market has another local hero, the Ford Falcon, which like its Holden counterpart offers rear-wheel drive...
Viknesh Vijayenthiran -
Ford is about to embark on an ambitious plan to streamline all of its car plants around the globe in order to boost their efficiency and see them introduce a set of common practices. Ford calls this ambitious plan the “One Manufacturing” system and hopes to have it fully implemented by 2015. At the same time, Ford plans to add capacity around the world, including a broad expansion in the Asia Pacific Africa region, where the company will be adding nine new plants, particularly in China, over the coming years. The facilities will increase the region’s capacity to produce 2.9...
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Ford Powers Ahead With Development Of Car-To-Car Communication TechnologyIn the future your car will be able to warn you of an impending crash, or perhaps even take action itself to avoid one, by ‘knowing’ well ahead that another car has suddenly stopped in a queue of traffic, is about to cross paths with you at a busy intersection, or is even approaching...
Viknesh Vijayenthiran -
Report: BMW considers building 3-Series in MexicoAs automakers seek new locations for factories in order to lower production costs, hedge against currency fluctuations and build cars closer to where they are sold, BMW is reportedly seeking a site in Mexico to build a new plant for production of its popular 3-Series model. Close rival...
Viknesh Vijayenthiran -
Founder Of German Sports Car Brand Wiesmann ResignsThe history of German sports car brand Wiesmann, the manufacturer of retro-styled roadsters with BMW hearts, can trace its roots back several decades, to a time when two brothers with a passion for speed decided to build their own sports car. In the mid-1980s those two brothers, Martin and...
Viknesh Vijayenthiran -
Volkswagen Finalizes Porsche TakeoverFollowing an announcement in early July that the Volkswagen Group was purchasing the remaining 50.1 percent stake in Porsche from the sports car manufacturer’s holding company owner, Porsche SE, the complex deal has now been finalized. In accordance with the original agreement, Volkswagen now...
Viknesh Vijayenthiran -
Like It Or Not, More CVTs Coming From AutomakersAutomakers are in the midst of a love affair with the continuously variable transmission (CVT). The gear-eliminating transmissions boost fuel economy, improve performance and are less complex (and hence less expensive), allowing automakers to achieve CAFE regulations and pad the bottom line at the...
Kurt Ernst -
Just two weeks after Opel CEO Karl-Friedrich Stracke announced his resignation from the top job, David Lyon, Opel’s recently appointed head designer has reportedly stepped down just a week before he was scheduled to start work at Opel’s headquarters in Russelsheim, Germany. Lyon’s last post was head of interior design at Buick and GMC, and at Opel he was set to replace former design boss Mark Adams who recently moved to Detroit to head up design at Buick and Cadillac. General Motors is yet to formally announce the latest executive shakeup though a spokesman for the company...
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BMW To Start Selling Cars Online: ReportBMW will be embarking on a bold new method of selling cars with the launch of its electrified i3 city car and i8 sports car next year, the first models from the automaker’s new i sub-brand for environmentally friendly vehicles. BMW will reportedly offer the cars to customers online, as well...
Viknesh Vijayenthiran -
Tesla Losses Widen But Model S Roll Out Remains On TrackIt’s been a busy couple of months for Californian startup Tesla, which officially commenced deliveries of its second model, the 2012 Model S electric sedan recently. With any kind of startup, the first couple of years are often the most difficult, something Tesla hasn’t been able to...
Viknesh Vijayenthiran -
Why Would Volkswagen Want To Buy Lotus?Lotus has led a troubled existence over the past few years, though some might argue it goes all the way back to the time when Colin Chapman was at the helm, building ever-lighter and more dangerous race cars--all while using drugs and lying about anything that suited him, according to biographer...
Nelson Ireson -
2012 J.D. Power APEAL Study: Porsche, MINI, Audi Lead Premium, Sporty SegmentsEach year, J.D. Power and Associates evaluate the opinions of owners after their first 90 days with a new car, looking for overall satisfaction with performance, comfort, design, and more, in the form of the APEAL study. For 2012, Porsche, MINI, and Audi each take two segment wins, though Chevrolet...
Nelson Ireson -
New Owner Committed To Lotus, Drops Ambitious Five-Year PlanIn a sign that Lotus’ new owner is committed to the British sports car company, DRB-Hicom, the Malaysian investment group that recently bought a controlling stake of Proton and with it the control of Lotus, has reportedly scrapped the overly ambitious five-year turnaround plan first announced...
Viknesh Vijayenthiran