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Showing posts with label Reports. Show all posts
Showing posts with label Reports. Show all posts

Tuesday, May 3, 2011

Saab Details Partnership with China’s Hawtai Motor Group


In his attempt to save Saab- again, and after having secured short-term cash of €30 million (US$44.6 million), Spyker Car N.V. CEO Victor Muller’s next move was to sign a strategic partnership with China’s Hawtai Motor Group. Under the agreement, Saab will receive a €150 million (US$222.5 million) cash injection while the two companies will form joint ventures for manufacturing, technology and distribution.

As a part of the deal, China’s Hawtai will invest €120 million (US$178 million) for up to a maximum of a 29.9 percent equity stake in Spyker on a fully diluted basis. Τhe remaining €30 million will be in the form of a convertible loan agreement with a 6 month maturity, an interest rate of 7% per annum and a conversion price of €4.88 per share.

Monday, May 2, 2011

NHTSA Investigates 200,000 Ford Escape and Mercury Mountaineer SUVs for Shattering Tailgate Glass


The National Highway Traffic Safety Administration (NHTSA) said it has opened a preliminary investigation concerning 200,000 Ford Escape and Mercury Mariner SUVs from the 2010 and 2011 model years, after receiving several complaints that the window glass in the tailgate allegedly shattered without warning.
The safety agency said it received 18 complaints noting that “the liftgate window glass shattered spontaneously, while opening the liftgate or while closing the liftgate. In one alleged injury incident, the complainant and her 10 year old son were cut by glass fragments."

Nissan Brazil Strikes Again with an Ad for a Family Minivan that You’re Never Going See in the U.S. [NSFW]


Back in March, Nissan do Brasil aired a commercial, which drew the wrath of Ford’s local arm for making claims that the Detroit automaker charges customers too much for its family models. But while Ford’s people only saw a Focus and a pair of rappers dressed as engineers chanting about the money they made by overpricing the hatchback, some viewers were also captivated by the curvalicious bikini-clad models…
Now, Nissan of Brazil returns with a new TV spot, this time for the Livina 7-seater compact minivan. While the Japanese carmaker avoids referring to a specific rival, the theme appears to be similar: scantily dressed female models dancing provocatively and a tagline aimed at the competition. And oh; towards the end of the clip you may notice the Livina and young family of four (not that we’re complaining about the appearance of the ladies…).

Sport Truck Redux: New Rumors About the Holden Ute Heading to the U.S.A.


It’s a poorly kept secret that many Americans are quite fond of the Australian-made and Commodore-derived, Holden Ute, which we recently drove in Queensland. It’s big, brutish and comfortable with a bevy of engine and equipment options to suit virtually any budget or taste - so long as those tastes only extend to, “Big, brutish V6 or V8 engined utes”.
Before the Global Financial Crisis of 2009, the subsequent bankruptcy GM and the disillusion of the Pontiac brand, as many as half of the Holden Commodores built in Australia were destined for the U.S. and the world in the form of the Pontiac G8. A thinly disguised Holden Ute even made a showing at the 2008 New York Auto Show as the Pontiac G8 Sport Truck.

Saab Announces Strategic Partnership with China’s Hawtai Motor Group, Secures New $30 Million Loan


Spyker Cars NV and Saab president Victor Muller is pulling all the strings to kick start the Swedish automaker back into life after the company hit a cash crunch and was forced to halt production last month as suppliers refused to send parts citing lack of payment.
After an earlier announcement on the involvement of Russian banker Vladimir Antonov, who plans to invest €30 million in Saab’s parent company Spyker in return for a 29.9 percent stake, Muller hit twice today revealing that the company has secured a €30 million convertible loan from Gemini Investment Fund Ltd, while also announcing a new partnership with China’s relatively unknown, Hawtai Motor Group.

Chevrolet Begins Taking Orders for Volt in Canada


General Motors is adding Canada to the list of countries that will soon get the Chevrolet Volt as starting from today, the company’s dealers in seven key regions across the country will begin accepting orders for the extended range electric vehicle, with prices starting from at CA$41,545 (equal to US$43,780 at today’s exchange rates).

Euro-spec Ford Focus to Bring Internet Access to the Masses in 2012


The European division of Ford announced on Monday that its Sync system with MyFord Touch will feature WiFi connectivity on the new Focus starting from 2012. The infotainment system will create a password-protected WiFi hotspot inside the car allowing up to five devices to be connected. The service will be free of charge, as the in-car internet connection will use customers' existing USB modems or compatible smartphones to access the web.

Chrysler Reports Net Profits for the First Time Since Emerging from Bankruptcy


On Monday, the Chrysler Group LLC reported its first quarter gains since exiting bankruptcy almost two years ago in June 2009. The Auburn Hills-based automaker, which is now operated by Fiat S.p.A., said net income totaled $116 million in the first quarter of 2011 compared to a net loss of $197 million in the same period last year.
At the same time, the company’s revenues grew 35 percent from $9.7 billion in Q1 2010 to $13.1 billion in Q1 2011. In addition, the automaker said it had $9.9 billion in cash reserves at the end of the first quarter compares to 2.5 billion in December 31, 2010.

Saturday, April 30, 2011

Study Reveals Steering Wheels Are Nine Times Dirtier than a Public Toilet


This disturbing conclusion comes from a UK survey done at the request of home store B&Q. While 80 bacteria are found on each square inch of toilet, around 700 harmful bugs lurk in the interior of a car and specifically on the steering wheel, gear stick and back seats. The study also revealed that 42 percent of motorists regularly eat meals while driving.
“A car is the perfect place for germs to breed, especially if you eat in it and leave litter or uneaten food around. To avoid potential health risks it would be wise to regularly clean your car inside and out,” said doctor Ron Cutler, director of biomedical science at Queen Mary University, London.

Friday, April 29, 2011

Ford Says F-150 Orders with EcoBoost V6 on the Rise


With gas prices on the rise again, an increasing number of Ford F-150 buyers looking to save some (let’s not get carried away here…) cash at the pump without compromising on power are turning to the company’s new EcoBoost turbocharged V6 engine. According to Ford, demand for the EcoBoost engine in the F-150 has increased each month since production began in January. In March, one in every four (25%) models sold in the States was equipped with the force-fed V6, increasing to around 35 percent in April.

Monday, March 14, 2011

Fiat Looking into Mexico to Build its U.S. Bound Alfa Romeos

In addition to searching for a possible partner to build its U.S. bound Alfa Romeo models, the Fiat Group is also looking into creating a new plant in Mexico that could supply both North and South America. Fiat desperately needs to find a solution to the weak dollar in order to start selling Alfa Romeos in the U.S. in late 2009. -Continued
Creating a factory in Mexico will not only solve Alfa Romeo’s problem but at the same time it will help Fiat cope with the growing demand in South America as the company needs more production for the region. Mexico’s strategic position is considered ideal as it will help balance Fiat’s needs in North and South America.
Via: AN

Wednesday, December 29, 2010

Lamborghini Sesto Elemento is already listed for sale at €2M



The Sesto Elemento concept was conceived as a design study, technology and previewing the styling we might expect to see on the next generation of Lamborghini supercars.A few months back, shortly after it was revealed at the Paris Motor Show, reports began to become apparent suggesting that the Italian automaker could put it into production, however limited.

Now the car is listed for sale by an exotic car dealership in Germany. Although the reported original listing on the mobile.de online marketplace is no longer there to be found, it is still up on Auto Salon Singen's website with an approximately €2 million ($2.63M USD) list price – €1.9m before tax, €2.3m after.

Monday, November 22, 2010

Mitsubishi plug-in hybrid coming in 2013Mitsubishi plug-in hybrid coming in 2013




Autoweek reports that Mitsubishi will wade into plug-in electric waters in 2013. The automaker's head of electric vehicles, Yoshikazu Nakamura, said the vehicle will be an SUV similar to the 2009 Px-MiEV Concept and that the production version is already nearing the final stages of development. The concept got its pep from a tiny 1.6-liter four-cylinder engine working in coordination with two electric motors and a battery pack. Mitsubishi pegged the Px-MiEV as being able to travel for up to 30 miles one pure electric go-go, so there must be some pretty hefty battery technology onboard as well.

Whether or not the production SUV will use a similar drivetrain remains to be seen. We can say with some certainty that Mitsubishi is likely to simplify the vehicle's name considerably. The automarker has already scrapped the i-MiEV moniker for the somewhat more palatable name of "i powered by MiEV" in the States. We can't wait to explain that one to the fine people of the DMV.

[Source: Autoweek]

Friday, October 22, 2010

NHTSA Warns Ford Owners on Older Recall Concerning 17.5 Million Vehicles


In an unusual announcement today, the National Highway Traffic Safety Administration (NHTSA) voiced concerns that millions of Ford vehicles previously recalled for a faulty cruise control system may have not been repaired, despite FoMoCo's notification efforts.

The safety agency noted that Ford Motor Company "has been diligent in contacting owners of the affected vehicles, including sending re-notification letters to owners in many cases."

According to the feds, since 1999, approximately 17.5 million Ford vehicles have been involved in the recalls because of the faulty cruise control disconnect switch, which can overheat and burn, potentially causing a fire long after the engine has been turned off.

"As more of the affected vehicles enter the used car market, the agency is concerned that most used car buyers don't know whether the used vehicles they purchased were ever returned to dealers for the needed repairs," the NHTSA said in a statement.

The agency said it advising owners of the affected Ford models to watch for potential warning signs of an imminent fire, including: a cruise control system that can't be activated or stops working; brake lights that stop working; low brake fluid; ABS and brake warning lights that are illuminated on the dashboard; or the inability to get a vehicle out of park.

Concerned owners can visit Ford's dedicated recall page and enter their Vehicle Identification Number (VIN) to see if their particular model has been recalled for the problem and if the repair has been made.

Here's the complete list of affected vehicles with the defective cruise control system:


  • 1992-2003 E Series (all including Econolines)
  • 1992-1998 Crown Victoria/Grand Marquis/Town Car
  • 1993-2003 F Series (150-550)
  • 2003-2004 Lightning
  • 2002-2003 Blackwood
  • 1993-1997 F Series (>8500GVW Diesel)
  • 1999-2003 F Series (>8500GVW Diesel)
  • 1993-1995 Taurus SHO
  • 1993-1998 Mark VIII
  • 1993-1996 Bronco
  • 1994-2002 F53 Motorhome
  • 1994 Mercury Capri
  • 1995-2003 Ranger
  • 1995-2002 Explorer
  • 2001-2002 Explorer Sport & Sport Trac
  • 1995-2002 Mountaineer
  • 1995-2003 Windstar
  • 1997-2002 Expedition
  • 1998-2002 Navigator
  • 1998-2002 Mazda-B-Series
  • 2000-2003 Excursion



225 lb Mother Killed in Crash, Peugeot Admits Not Crash Testing for Heavier Drivers


On the 20th of January, 2009, 56-year-old mother-of-three Judith Evans was killed when her Peugeot 107 hit a Vauxhall Vectra in a head-on collision in Buckinghamshire, UK. The matter recently went to court where it was heard that the victim sustained multiple fractures and chest and abdominal injuries which the Thames Valley Police noticed were unusually severe given the force of impact.Experts from Peugeot and Vehicle Safety Consultancy Ltd believe that the 107 should have provided good protection for this sort of crash, and yet this was not the case. Why?

Evans' Peugeot 107 met all EuroNCAP safety standards, with the 107 and it's Citroen C1 and Toyota Aygo siblings having scored four stars in a 2005 test. It was fitted with front seatbelt pre-tensioners and load limiters along with front and side body airbags for both driver and passenger.

The investigation suggests it may have to do with weight. Not the weight of the Vectra compared to the 107, as Peugeot has suggested, but the weight of the 107's driver.

You see, Mrs Evans weighed close to 16 stone (102 kg / 225 U.S. lbs). Meanwhile Peugeot, following European regulations, never tested the 107 with a dummy weighing more than 12 stone 14 lbs (78 kg / 172 U.S. lbs). As such, the safety features built into the 107 weren't calibrated for a heavier occupant.

The Evans's family lawyer, asked Peugeot safety expert Richard Zeitouni: "Have you tested with any dummies more than 78kg?" Mr Zeitouni, replied that Peugeot had not.

Mr Horner then asked: "So you have not tested with a weight of dummy that corresponds to 50% of the male population?"

Mr Zeitouni answered: "When we designed this car we found it was good, adequate protection for the majority of occupants. It's an official dummy, a regulation dummy."

Peter Gloyns, a mechanical engineer from Vehicle Safety Consultancy (VSC) Ltd made this comment:

"The accident raises a serious question over the stability of the response of the total restraint system for an occupant of this build and weight in an accident of this severity in which it would be hoped that good protection could be offered."

The driver of the Vectra sustained fractures in her kneecap and internal bruising, but was otherwise unharmed in the crash.

A spokesperson from Peugeot told UK daily 'The Independent' that the company had no comment to make at this stage.

We'll have more on this case as we get it

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Pentastar V6 to Find its Way Into 13 Models Across the Chrysler Group Range, Including 2011 Challenger


The Chrysler Group's new Pentastar V6 gasoline engine will either replace current six-cylinder units or be introduced for the first time on a total of 13 vehicles across the Chrysler, Dodge and Jeep range by 2013, the company announced this week.

The 3.6-liter V6 unit will be offered with different levels of output, the most powerful [for now] iteration being the one fitted on the upcoming 2011 Dodge Challenger, which will be rated at 305 bhp at 6,350 rpm and 268 lb.ft. at 4,800 rpm, representing a 55 horsepower increase over the previous 3.5-liter V6.

On the new Jeep Grand Cherokee, the Pentastar V6 produces 290HP, while on the forthcoming 2011 Dodge Avenger, and Chrysler 200 sedan and Town & Country miniyan, it will deliver 283HP. The soon-to-be-launched 20011 Dodgre Chargewill feature a 292-horsepower variant of the 3.6-liter V6. Other models to get the Pentastar V6 include the new Dodge Durangoand journeyAccording to Chrysler, the new Pentastar V6 is not only more and fuel efficient than the six-cylinder engines it replaces, but is also significantly lighter. For example, the new 3.6L V6 is 94 lbs. lighter than the 3.7-liter engine it replaced in Jeep Grand Cherokee and 42 lbs. less than the 3.5-liter it replaces on the Chrysler 300.

"The Pentastar engine is suited to meet the requirements for a full range of vehicle applications in terms of power and fuel efficiency (average savings up to 7 percent across the model range) including passenger cars, mini-vans and sport utilities," said Bob Lee, vice president of engine engineering for Chrysler Group LLC.

"It has been designed for today and many years to come. Already, we are looking forward to adapting future technologies as they become available to the Pentastar V-6 for even more fuel efficiency and performance."


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