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| Posted: 01 Nov 2011 12:32 AM PDT Ex-Auto Czar: GM, Chrysler Rebound Faster than Expected Steve Rattner, the top advisor to the Obama administration's auto task force in 2009, says Chrysler Group LLC and General Motors Co. are recovering around more quickly that he expected during the companies' bankruptcy restructuring that year. He makes the observation in an epilogue for the paperback edition of his 2010 [...] |
| Posted: 01 Nov 2011 12:32 AM PDT Chinese Buyers Could Invest €2.2 Billion in Saab A Swedish court has agreed to extend Saab Automobile SA's protection from creditors after the two Chinese carmakers that plan to buy the company committed to invest €660 million in Saab over the next two years. The court ruled that the funding will provide Saab with sufficient cash to pay for [...] |
| Posted: 01 Nov 2011 12:32 AM PDT VW Plans Low-Volume Production of Super-Efficient XL1 CEO Martin Winterkorn tells Automotive News Europe that Volkswagen AG is moving ahead with plans for small-scale production of its XL1 ultra-efficient car by 2013. VW debuted the two-seat XL1 at the Qatar auto show in January. The car is rated at 261 mpg on the U.S. test cycle and can [...] |
| Posted: 01 Nov 2011 12:32 AM PDT Volkswagen Confirms Plans to Build Super-Efficient XL1 CEO Martin Winterkorn tells Automotive News Europe that Volkswagen AG is moving ahead with plans for small-scale production of its XL1 ultra-efficient car by 2013. VW debuted the two-seat XL1 Super Efficient Vehicle at the Qatar auto show in January. The car is rated at 261 mpg on the U.S. test [...] |
| Posted: 01 Nov 2011 12:31 AM PDT Thai Floods Force Honda to Cut North American Output Honda Motor Co. says it plans to cut production by about half at six plants in the U.S. and Canada from Nov. 2 until at least through Nov. 10 because of a shortage of "a few critical electronic parts" caused by massive floods in Thailand. Those factories will be closed on [...] |
| Posted: 01 Nov 2011 12:31 AM PDT Honda Withdraws Full-Year Financial Outlook Honda Motor Co. says it can no longer predict financial results for the fiscal year that ends March 31, 2012, because of uncertainty about the impact of Thailand's flooding. Honda's net profit for the fiscal second quarter ended Sept. 30 fell 56% from a year earlier to 20.4 billion yen ($260 [...] |
| Posted: 01 Nov 2011 12:31 AM PDT Changfeng Acumen sedan to get electric power train Since the merger of Changfeng and Guangzhou Auto it seems that Acumen has taken a back seat, the car has been in development for a number of years and was last seen at the Beijing Auto Show in 2008, (Ive personally seen the car testing in Beijing in 2009 as well) but the car has [...] |
| Posted: 31 Oct 2011 11:48 PM PDT  Ventas septiembre 2011: Polonia Filed under: Industria Durante el noveno mes del año las matriculaciones de vehículos nuevos en Polonia cayeron en un 9,6% en relación al mismo mes del año anterior, alcanzando un volumen total de 21.189 unidades vendidas. En cuanto al acumulado del año, entre enero y septiembre se vendieron 202.596 unidades lo que representa una caída del 6,0% en comparación con el mismo periodo del año anterior.Continue reading Ventas septiembre 2011: PoloniaVentas septiembre 2011:... |
| Posted: 31 Oct 2011 11:06 PM PDT White House to Review DOE "Green" Energy Loans The Obama administration has ordered a review of several Dept. of Energy programs that offer low-interest loans to companies for clean-energy projects. Republican lawmakers in Congress say they will seek an independent audit of the loans. Criticism of DOE loans started with the $535 million loan to solar panel maker Solyndra [...] |
| Posted: 31 Oct 2011 11:06 PM PDT White House to Review DOE "Green" Energy Loans The Obama administration has ordered a review of several Dept. of Energy programs that offer low-interest loans to companies for clean-energy projects. Republican lawmakers in Congress say they will seek an independent audit of the loans. Criticism of DOE loans started with the $535 million loan to solar panel maker Solyndra [...] |
| Posted: 31 Oct 2011 11:06 PM PDT Energy Dept. Monitoring Status of Struggling Battery Maker The U.S. Dept. of Energy says it is "closely monitoring" the financial status of Ener1 Inc., the New York City-based maker of lithium-ion batteries after the company's stock was delisted by NASDAQ last Friday. The company also will be part of a White House review of low-interest loans from DOE [...] |
| Posted: 31 Oct 2011 10:23 PM PDT  Seat: Winterkorn finalmente soddisfatto dei risultati Pare che finalmente anche la "cenerentola" del Gruppo Volkswagen, quella Seat talvolta messa in dubbio dalla dirigenza di Wolfsburg, si sia messa sulla strada giusta per ottenere i risultati sperati. E i riconoscimenti del leader del colosso tedesco: parlando con Automotive News, l'ad di VW, Martin Winterkorn si è finalmente detto soddisfatto dell'operato della controllata spagnola. "Seat sta andando nella giusta direzione sotto molti aspetti.... |
| Posted: 31 Oct 2011 10:23 PM PDT Honda's Carmaking Business Posts Operating Loss Honda Motor Co.'s net profit plummeted 56% year on year to 20 billion yen (€188 million) in the fiscal second quarter ended Sept. 30. Revenue dropped 16% to 1.9 trillion yen (€18 billion), and unit sales fell 14% to 772,000 vehicles. Operating profits for the company's automotive operations swung to a [...] |
| Posted: 31 Oct 2011 10:23 PM PDT Honda's Carmaking Business Posts Operating Loss Honda Motor Co.'s net profit plummeted 56% year on year to 20 billion yen (€188 million) in the fiscal second quarter ended Sept. 30. Revenue dropped 16% to 1.9 trillion yen (€18 billion), and unit sales fell 14% to 772,000 vehicles. Operating profits for the company's automotive operations swung to a [...] |
| Posted: 31 Oct 2011 10:23 PM PDT Japan's Yen Intervention Seen As Short-Term Fix The Bank of Japan sold a reported 10 trillion yen ($128 billion) on Monday in a bid to weaken the soaring currency, which it said was being inflated by "speculative moves." In announcing the move, Finance Minister Jun Azumi declared to reporters in Japan, "I'll continue to intervene until I [...] |
| Posted: 31 Oct 2011 10:23 PM PDT Honda's Quarterly Profits Plunge 56% Honda Motor Co.'s net profit plummeted 56% year on year to 20.4 billion yen ($260 million) in the fiscal second quarter ended Sept. 30. Revenue dropped 16% to 1.9 trillion yen ($24 billion), and unit sales fell 14% to 772,000 vehicles. Operating profits for the company's automotive operations swung to a [...] |
| Posted: 31 Oct 2011 10:23 PM PDT Japan Intervenes to Weaken Yen The Bank of Japan sold yen on Monday in a bid to weaken the soaring currency, which it said was being inflated by "speculative moves." Finance Minister Jun Azumi says, "I'll continue to intervene until I am satisfied." Japan's Asahi Shimbun says the government sold a record 10 trillion yen ($128 [...] |
| Posted: 31 Oct 2011 10:23 PM PDT U.S. Auto Incentive Spending Drops 12% Automakers spent an average of $2,160 per vehicle on incentives in the U.S. in October, down 12% from both the previous month and October 2010, according to Edmunds.com. The online auto data provider attributes the decline to diminishing supplies of heavily discounted 2011 models and increasing sales of 2012 models, which [...] |
| Posted: 31 Oct 2011 08:56 PM PDT AUTOSAR Expands Beyond Automotive The Automotive Open System Architecture (AUTOSAR) partnership is opening its standardized software architecture for use in non-automotive applications. The group has been working since 2003 to standardize how automotive software and hardware exchange information. Its goal is to simplify and enhance the reliability of vehicle electronic and electrical systems. AUTOSAR core [...] |
| Posted: 31 Oct 2011 08:14 PM PDT Proton SUV to see production via Youngman – spy shots reveal all Proton and Hawtai may have only just signed a deal to build cars in the Chinese market but the original Proton-Youngman deal deserves some attention to. The Youngman-Proton venture is actually just a licensing agreement between the two companies, Proton supplies the cars and the engineering ability and Youngman slaps on the Lotus name for [...] |
| Posted: 31 Oct 2011 08:14 PM PDT Chevrolet Epica not quite gone yet, 2012 update expected to arrive in Guangzhou The Chevrolet Malibu maybe ready to launch in the Chinese market at the Guangzhou Auto Show, but it is the Epica that will be the brands main economy model over the next few years. It was widely thought that the Epica was going to be killed off with the introduction of the Malibu, a car [...] |
| Posted: 31 Oct 2011 08:13 PM PDT 2012 Honda CR-V revealed in official right-hand drive images Honda has released the first official images of the 2012 Honda CR-V production car less than three weeks out from its world debut at the 2011 Los Angeles Auto Show. The 2012 Honda CR-V images appeared on the manufacturer's Japanese website. They show... |
| Posted: 31 Oct 2011 07:30 PM PDT  Autoblog Podcast Episode #254 goes LIVE at 10PM Eastern We're almost ready to record Episode #254 of the Autoblog Podcast. Check out the topics below and you can join us live via UStream, as well. We've also embedded our UStream player after the jump. Thanks for listening! Discussion Topics for Autoblog Podcast Episode #254 Ford's issues with Consumer Reports Honda moving Civic refresh up amidst criticism Toyota FT-86 details leaked Saab sold.... |
| Posted: 31 Oct 2011 06:47 PM PDT  Fotos espía: Mercedes-Benz SL 2012 Filed under: Mercedes-Benz, Fotos espía, Cupés Haz clic en la foto para saltar a la galería Todavía hay quien opina que Mercedes es una marca algo carca, cuando si acaso, la extrema longevidad de algunos de sus modelos no hace sino refrendar su validez. Sirva de ejemplo el caso del SL, cuya tercera generación llegó a soplar 18 velas antes de ser sustituida por el precioso SL R129, que contra viento y marea,... |
| Posted: 31 Oct 2011 06:47 PM PDT  Chevrolet COPO Camaro Concept lives life a quarter-mile at a time Filed under: Aftermarket, Concept Cars, Motorsports, SEMA Show, Coupe, Performance, Chevrolet, GM, Racing What's a COPO, you ask? Back in the heyday of American muscle cars, COPO was an acronym for Central Office Production Order, which was, for all intents and purposes, a way for Chevrolet and its enterprising dealer network to sneak high-performance option packages and oversize engines past the bigwigs at General Motors and into the waiting hands of automotive... |
| Posted: 31 Oct 2011 06:47 PM PDT 1999-2004 Mercedes-Benz ML 163 recalled in Australia: 7489 vehicles affected Mercedes-Benz Australia has recalled almost 7500 Mercedes-Benz ML-Class SUVs over a defect related to the vehicles' cruise control. The recall affects 7489 ML 163 four-wheel drives manufactured between August 1999 and June 2004. The affected vehic... |
| Posted: 31 Oct 2011 06:03 PM PDT Toyota FT-86 performance data sheet leaked Is this, at long last, the official performance data of the Toyota FT-86? This spec sheet, first published on enthusiast website FT86club, is purportedly a training manual with all the important figures of Toyota's all-new rear-wheel drive sports cou... |
| Posted: 31 Oct 2011 06:03 PM PDT Skoda planning new SUVs and crossovers: report Skoda is said to be developing a four new SUV-based vehicles that will replace the Skoda Roomster and Skoda Yeti in the future. Two crossovers are set to replace the Roomster while two new SUVs will replace the Yeti. According to a CAR report, Skoda is... |
| Posted: 31 Oct 2011 05:21 PM PDT SEMA: Chevrolet COPO Camaro Concept lives life a quarter-mile at a time Filed under: Aftermarket, Concept Cars, Motorsports, SEMA Show, Coupe, Performance, Chevrolet, GM, Racing What's a COPO, you ask? Back in the heyday of American muscle cars, COPO was an acronym for Central Office Production Order, which was, for all intents and purposes, a way for Chevrolet and its enterprising dealer network to sneak high-performance option packages and oversize engines past the bigwigs at General Motors and into the waiting hands of automotive... |
| Posted: 31 Oct 2011 05:21 PM PDT  Video: Trailer for Bollywood's Singham flips our lids Filed under: Etc., Videos In a world where physics holds no sway, one cop is ready to take on corrupt politicians and the mobsters that pay them off... or something. Honestly, we don't care about the plot to Singham - a Bollywood remake of the 2010 Tamil film of the same name.... |
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