Car News
-
Earlier this week Renault-Nissan CEO Carlos Ghosn revealed there were plans to launch a new family of electric-vehicles for both Renault and Nissan and the first of these are expected to be on the market by 2010. Before their launch, Nissan will conduct extensive testing of its new electric drivetrains and one of the primary locations it’s considering is London. Renault and Nissan and will build the electric cars using a shared battery system developed in Japan. The first production models will be sold in the U.S. but there are plans to launch the cars soon after in Israel and Denmark...
-
Smart sets out to prove safety of ForTwo with wrecking ball adSmart has set out to quash the perception that its diminutive ForTwo runabout is unsafe by launching a new advertising campaign in the UK where the car is hit with a one-ton wrecking ball. Marketers hope the new ads will change the perception of new car buyers in regards to the ForTwo’s...
Viknesh Vijayenthiran -
Toyota to help fund Japan's first passenger jetToyota announced this week that it would invest up to ¥10 billion ($96 million) to help fund development of Japan’s first ever commercial passenger jet. The new project is being set-up by Mitsubishi Heavy Industries, and along with Toyota is being funded by Japanese firms Mitsui and Sumitomo...
Alex Kaufmann -
U.S. pricing for 2009 Mitsubishi EclipseMitsubishi has finally announced pricing details for its 2009 Eclipse and Spyder after first unveiling the new model back in February. Set to go on sale in the U.S. from next month onwards, the new Eclipse coupe will start at $20,099 for the GS four-cylinder. Upgrading to the more powerful V6 with...
Viknesh Vijayenthiran -
Shelby Distribution commemorative Ford GT40 MkIIIn celebration of Carroll Shelby’s 85th birthday, Shelby Distribution USA under license from Shelby, will build a limited run of replicas of the original 1966 Ford Motor Company [NYSE:F] GT40 race car. The original cars are credited with wins in the 1966 24 Hours of Le Mans, where they took...
Kenneth Hall -
Chrysler CEO expects U.S. market to slide furtherChrysler CEO Bob Nardelli has repeated statements made by a number of CEOs from rival carmakers including Renault-Nissan’s Carlos Ghosn that the U.S. auto market is likely to slide even further and there’s no prediction of a recovering any time soon. Nardelli expects sales this year to...
Viknesh Vijayenthiran -
The former CFO of Chrysler and chief aide to Kirk Kerkorian and his Tracinda investment company, Jerry York, has given some insight about his thoughts on the current state of Ford and its subsidiaries. York, who met with Ford CEO Alan Mulally last month, thinks the Blue Oval chief will sell Volvo and Mercury but will likely retain Lincoln. He said cutting Volvo and Mercury from Ford’s lineup is the right thing to do and that’s what he would do if he had the top job. "I'm very confident that (Mulally's plan) is the answer and I think you'll see that he'll put Volvo on the market...
-
Nissan upgrading GT-R for U.S. and European marketsNissan’s all-new GT-R supercar has posted a blistering lap time for the Nurburgring of just 7m 29s but engineers still think they need to improve on the car and will be adding several tweaks before U.S. and European deliveries start. U.S. bound GT-Rs are set to receive three harder engine...
Kenneth Hall -
Carrozzeria A8 GCS Berlinetta ConceptRecently we featured a stunning Maserati Quattroporte wagon concept by Carrozzeria Touring Superleggera, an Italian coachbuilder that gained some fame in its hey day. It seems as though Carrozzeria is staging a comeback at this years 'Concorso d'Eleganza Villa d'Este' with the introduction of yet...
James Martinez -
GM exec says car prices will riseAs carmakers face stricter fuel-economy and emissions regulations, shifting demand to smaller and less profitable models and shrinking sales in key markets like Japan and the U.S., GM marketing chief Mark LaNeve says prices for new cars and crossovers will have to rise. This follows previous...
Viknesh Vijayenthiran -
BorgWarner expects huge upswing in turbo demandAs fuel economy standards tighten and prices rise, more car makers are turning to forced-induction solutions to improve the efficiency of existing engines. Turbochargers are the most efficient way to do so, and Detroit firm BorgWarner sees rising demand in North America, Europe and China as its...
Nelson Ireson -
Lutz: Buick LaCrosse will look like Invicta, no more badge engineeringBob Lutz, writing today on GM's FastLane blog, discussed the Buick Invicta Concept (pictured) and its relation to the upcoming Buick LaCrosse production car. The GM CEO also gave a look into the future of GM's model-sharing plans, focusing on differentiating cars that share platforms, rather than...
Nelson Ireson -
Rick Wagoner, General Motors' CEO, has recently come out against United Nations research arguing that there is a link between biofuel production and a global rise in food prices, deriding the report as "shockingly misinformed." Perhaps GM's own vested interest in the subject - not just in the form of its already hefty investment in E85-capable cars and future models, but its new partnership with Mascoma - lies at the root of Wagoner's statements. The partnership, announced in a statement released today, is based on cooperation to develop Mascoma's single-step biochemical production method for...
-
Opel to launch 20 new models by 2012Yesterday, GM’s European chief Carl Peter Forster confirmed that €9 billion ($14 billion) would be invested in Opel between now and 2012 to help regain lost market share and of this €6.5 has been earmarked for the development of new models and powertrains. According to German...
Ralph Hanson -
U.S. presidential candidates call for gas tax 'holiday'Concerns about rising fuel prices have spilled into the U.S. presidential election campaign with both Republican nominee John McCain and Democratic hopeful Hillary Clinton calling for a gas tax ‘holiday’ this summer. They want to see the current 18.4 cent per gallon tax on fuel lifted...
Kenneth Hall -
Audi unveils Q5 S-LineThe new Audi Q5 was revealed less than a month ago but already we have images of the new S-Line package from quattro GmbH for the midsize SUV. The S-Line pack helps to improve the Q5’s handling thanks to the addition of a stiffened suspension kit as well as optional 20in alloy wheels wrapped...
Viknesh Vijayenthiran -
Auto industry spent record $70.3m lobbying CongressThe auto industry spent a combined $70.3 million lobbying the U.S. government last year, setting a new record for the bill, which came in 19.6% higher than the previous year. The inflated level of spending was driven mostly by new CAFE regulations voted in over the past 12 months. The finding was...
Viknesh Vijayenthiran -
London borough joins Porsche's fight against c-chargeLast month Porsche confirmed that it would challenge the London's £25 ($50) congestion charge in the High Court of Justice and this week the sports carmaker gained a new ally in the form of London borough Kensington and Chelsea. Porsche has continually asserted the increase of the congestion...
Alex Kaufmann -
If you thought the GT-R’s previous recorded lap time of 7m 38s at the Nurburgring was shockingly fast get ready to be stunned again as Nissan has confirmed today that its latest supercar has achieved a blistering lap time of just 7m 29 seconds - making it one of the fastest ever production road cars to attack the ‘Ring. The lap times were recorded on April 16 and 17 and were for a stock-standard base specification GT-R fitted with the same Japanese market tires as the cars in showrooms. Driven by GT-R chief test driver Tochio Suzuki, this latest lap time beats the previous fastest...
-
Ghosn: 'U.S. auto market is not going to be great again'U.S. auto sales have been on the decline for the past 12 months and there’s no sign of a major upturn anytime soon. The market, which for years has been the world’s biggest in terms of auto sales, could soon be overtaken by Europe and possibly China and according to Renault-Nissan CEO...
Alex Kaufmann -
Land Rover turns 60When the original Land Rover Series 1 made its public debut at a motor show in Amsterdam back in 1948, few would have suspect the brand would go on to become a major player in the international luxury SUV market. Today, Land Rover features a five-model lineup and is selling vehicles at a record...
Alex Kaufmann -
Mitsubishi Evo X 'MR' and Subaru WRX STI 'Spec C' set to do battleThe Mitsubishi Evo X and Subaru Impreza WRX STI haven’t been on sale for a full year yet but already we have news of hotter performance versions in the works. Mitsubishi will launch a more powerful version of the Evo X with new MR (Mitsubishi Racing) designation. Subaru, meanwhile, will add a...
Viknesh Vijayenthiran -
GM to invest €9 billion in Europe by 2012Despite losing more than $3.3 billion this quarter, GM plans to invest up to €9 billion ($14 billion) by 2012 to increase the market share of its Opel brand. Of the total investment, €6.5 will be spent alone on developing new models and powertrains as well as the expansion and...
Viknesh Vijayenthiran -
Volvo wants to eliminate injuries and deaths in its vehicles by 2020Updated with new video. Volvo has a well-established reputation of building the safest passenger vehicles in the industry but the carmaker believes it can improve on its own standards by reaching the ultimate goal of avoiding car accidents all together and reducing the road death toll to zero...
Kenneth Hall