Tagged with 'finance'

No Surprise: Volkswagen reportedly to take 20% stake in Suzuki

Published: December 9, 2009

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No Surprise: Volkswagen reportedly to take 20% stake in Suzuki thumbnail

Filed under: Suzuki , Volkswagen Where there’s smoke, there’s fire. Though Suzuki CEO Osamu Suzuki would beg to differ , it seems that the old saying has once again been proven accurate. After a ton of rumor, innuendo and speculation on the matter – along with the subsequent denials – a report from Reuters indicates that Volkswagen is indeed on the verge of announcing that it’s procuring a 20 percent stake in Suzuki


REPORT: Toyota finally ready to finish U.S. plant in Tupelo, Miss

Published: December 8, 2009

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REPORT: Toyota finally ready to finish U.S. plant in Tupelo, Miss thumbnail

Filed under: Manufacturing/Plants , Toyota , USA In a move to reduce the impact of the yen’s strength against the dollar, Toyota is planning to finish off its recently-built plant in Tupelo, Mississippi. The plant was started way back in 2006 but had been put on indefinite hold last December . At this time, only the building shell has been completed and there is no actual car-building equipment installed


Project Penguin: Is Tata Motors planning a Nano-based pickup?

Published: December 8, 2009

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Project Penguin: Is Tata Motors planning a Nano-based pickup? thumbnail

Filed under: Diesel , MPG , India , Spy Shots , Tata Now that Tata has put the World’s Cheapest Car on the market, is the Indian automaker ready to make a similar assault on the pickup truck market? Judging by a recent spy shot, it seems likely. It’s impossible to know for sure, but the truck’s three-lug wheels, single windshield wiper and dash layout indicate that this pickup might be based on the diminutive Nano


Schaeffler Group unveils Porsche Cayenne concept to reduce CO2 by 10%

Published: December 8, 2009

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Schaeffler Group unveils Porsche Cayenne concept to reduce CO2 by 10% thumbnail

Filed under: MPG , Porsche Schaeffler Group CO 2 ncept-10% Porsche Cayenne – click above for high-res image gallery German supplier, the Schaeffler Group has announced a new concept based on the Porsche Cayenne , meant to demonstrate the possibilities for CO 2 reduction through friction reduction. As a bearing maker, friction is at the heart of Schaeffler’s business. Schaeffler collaborated with Porsche on the CO 2 ncept-10% Cayenne supplying new bearings for the differentials as well as different engine components.


Athlon Car Lease to help Renault distribute EVs

Published: December 7, 2009

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Athlon Car Lease to help Renault distribute EVs thumbnail

Filed under: EV/Plug-in , Renault Renault Fluence ZE Concept – click above for high-res image gallery As we begin to move into the age of electrically-driven cars, cost will become a hurdle that customers will have to overcome. For the foreseeable future, the cost of batteries will mean that the up-front layout for EVs will be higher than for combustion engined equivalents. Even with the lower operating costs, many people will have a hard time getting past that.


Don’t you dare: French parents criticize Renault for naming new electric car Zoé

Published: December 6, 2009

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Don’t you dare: French parents criticize Renault for naming new electric car Zoé thumbnail

Filed under: EV/Plug-in , Renault , Green Daily , Europe/EU Renault Zoe Z.E. concept – click above for high-res image gallery Naming a car, even a concept car, is a process fraught with difficulty. Renault, for example, it taking flak for using the common (in France) female name Zoé for one of their new electric vehicle concepts


LA 2009: Audi e-tron hits the street

Published: December 5, 2009

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LA 2009: Audi e-tron hits the street thumbnail

Filed under: EV/Plug-in , Audi , LA Auto Show While we were spending our time inside the LA Convention Center this week ogling the orange Audi e-tron , Autospies’ Agent 001 wandered outside and snapped some pics of the red version of this powerful all-electric sports car on a nearby street. While the car itself is nothing new , this does give us some idea of what to expect when a production version e-tron arrives, supposedly sometime in 2012. The 3319 lb-ft of torque ( well…


LA 2009: CMT-380 packs microturbine, li-ion battery into a matte black package

Published: December 5, 2009

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LA 2009: CMT-380 packs microturbine, li-ion battery into a matte black package thumbnail

Filed under: Diesel , Emerging Technologies , LA Auto Show Capstone Turbine CMT-380 – click above for high-res image gallery The CMT-380 was the surprise basement find of the LA Auto Show . After working on the car for four years, inventor Richard Hilleman was the man of the hour as he fielded questions about his unusual microturbine-lithium-ion hybrid powertrain fitted to a GTM Supercar kit body. Hilleman has owned an electric vehicle – a converted Porsche 550 Spyder – for at 15 years and has constantly upgraded it.


Nissan announces 2010 facelift for the Qashqai, includes low-CO2 version

Published: December 4, 2009

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Nissan announces 2010 facelift for the Qashqai, includes low-CO2 version thumbnail

Filed under: Diesel , Nissan , Europe/EU Nissan has decided to update the successful European-model Qashqai for the next model year. We’ve come to expect aesthetic changes in these yearly revamps, like the LED daytime lights


LA 2009: Mitsubishi will bring an EV to U.S. in 2011, but it might not be the i-MiEV

Published: December 4, 2009

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LA 2009: Mitsubishi will bring an EV to U.S. in 2011, but it might not be the i-MiEV thumbnail

Filed under: EV/Plug-in , Mitsubishi , LA Auto Show Mitsubishi i-MiEV – click above for high-res image gallery Here’s a line from Mitsubishi’s press release dated April 9, 2009 : Ending months of heightening speculation, Mitsubishi Motors North America President and CEO Shinichi Kurihara confirmed the i MiEV (Mitsubishi Innovative Electric Vehicle) is being developed for sale in world markets, including the United States.


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