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

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."

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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…).

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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.

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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.

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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). Read more »

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. Read more »

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.

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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.

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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. Read more »

GM to Build and Sell New 2013 Chevrolet Malibu in Korea


General Motors is quite serious about selling its upcoming 2013 Chevrolet Malibu on a global scale. So serious, in fact, that the Detroit automaker is making plans to built the mid-size model on several continents. Today, GM revealed that will build and sell the redesigned Malibu sedan in Korea. We’ll remind you that earlier this year, GM Korea announced it is replacing the Daewoo nameplate with the Chevrolet brand for the local market. Read more »

U.S. Gov Study Reveals Significant Decline in Border Crossings through Canada and Mexico over the Past Decade


A new study by the Department of Transportation’s Bureau of Transportation Statistics (BTS) reports a considerable decline in the number of people crossing from Mexico and Canada into the U.S.A from 2000 to 2009.

The report found that the number of people entering the U.S. through its land borders dropped 37 percent in this period, from 400 million people in 2000, to 252 million in 2009, with the majority (75 percent) crossing through Mexico. In the same period, border crossings from Canada declined by 40 percent and from Mexico by 36 percent.

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Kia Recalling Spectra Models Over Fears that the Fuel Tank May…Fall Off


South Korea’s Kia Motors said Friday it will recall certain Spectra LD vehicles from the 2004-2007 model year in the United States over a corrosion issue that could cause the fuel tank to fall from the car. The recall covers 58,322 Kia Spectra models build from November 7, 2003, through March 6, 2007, and sold or currently registered in states that rely heavily on road salt to melt ice in the winter. Read more »

Mini to Use Rolls Royce-Prepped Goodwood as a Sub-brand for Bespoke Models


In the same way the John Cooper Works moniker designates high-performance models,
Mini plans to use the Goodwood name as a sub-brand for high-end luxury versions of its cars. According to British magazine Autocar, which quotes sources from within the company, the Goodwood badge will be used on luxurious, bespoke Minis just like the JCW badge is put on its high-performance models.

The first model of the Goodwood line is the “Mini Inspired by Goodwood”, which made its world premiere at the Shanghai auto show. The car is essentially a Cooper S that sports unique styling cues and trim options designed “in close collaboration” with Rolls-Royce. The name itself pays tribute to Rolls-Royce's headquarters, while the Shanghai unveiling signals the importance of the Chinese market for very expensive Minis.

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Spyker Cars Says Saab won’t Meet its Sales Target this Year, Now Talking with Chinese Companies for Funding


The roller coaster that is Saab has taken another turn, and unfortunately for the Swedish brand, the future doesn’t look so bright. In spite of a tentative agreement to let Russian banker Vladimir Antonov invest 30 million euros in Saab’s parent company Spyker in return for a 29.9 percent stake, the investment still needs to be approved by the European Investment Bank, which means the Swedes are still short on cash and cannot resume full production.

Today, Spyker reported a loss of €79 million before interest and tax for its first quarter earnings, while the company’s CEO, Victor Muller, said that Saab will not meet its sales target this year.

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Lincoln Touts All-Wheel Drive Sales in the USA


Not to be outdone by GM and its Cadillac brand, which had recently published some fresh statistics about its all-wheel drive model sales in the States, Ford’s Lincoln division came out with a similar announcement to increase awareness and do some show off. Ford’s premium brand offers all-wheel drive as an option on all five models of its range, including the MKT, MKS, MKZ, MKX and the Navigator. Read more »

Thursday, April 28, 2011

Brand New Trailer for "Transformers 3: Dark of the Moon"


Today we get our first look at the second, full-length theatrical trailer for Michael Bay’s upcoming blockbuster film, “Transformers: Dark of the Moon”. The brand new trailer provides us a deeper look into the story, characters and the action we can expect to see in the third and possibly final chapter in the Transformers franchise.

While Shia LaBeouf returns as Sam Witwicky, this time he will have to do without Megan Fox who was replaced by super-hot-model Rosie Huntington-Whiteley. Aside from the new (human) faces, we’ll also see a fresh batch of Autobots and Decepticons wreaking havoc on earth, in space and on each other, with Michael Bay promising a more mature and perhaps darker story line. We shall see.

The third chapter of the Transformers films opens everywhere on July 1, 2011. For the time being, follow the jump to check out the new theatrical trailer.

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VW Remembers its First Diesel-Powered Golf, we Compare it with its Modern Day Successors


In 1976, just two years after the introduction of the original Golf Mk1 that was designed to replace the Beetle, Volkswagen presented the first diesel version of its compact model, the Golf D. It was powered by a 1.5-liter four-cylinder diesel engine that put out 50HP at 5,000 rpm and 80Nm (59 lb-ft) of peak torque at 3,000 rpm.

The most economical Golf of its time returned a combined fuel economy of 6.5 lt /100km, equal to 36.2 mpg US and was able to complete the 0-100km/h (62mph) sprint in 19 seconds while reaching a top speed of 141 km/h (88 mph).

Over the years the Volkswagen Group invested in this particular engine technology and today, buyers of the current, sixth generation of the Golf can choose from a variety of diesel powerplants ranging in output from 105HP to 170HP. And the results are quite impressive when you compare the original Golf D from 1976 to its modern day successors.

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Swedish Debt Office and GM Allow Antonov to Invest in Saab


It appears that
Saab's hopes of survival continue to depend after all that happened on Vladimir Antonov, the Russian banker who was forced by GM to sell his initial shares in Spyker for the Saab sale to occur. Spyker today confirmed that the Swedish National Debt Office (NDO) allowed Antonov to become a major shareholder in Spyker Cars, Saab's parent company.

"This is a great day for our company and for me personally. We worked relentlessly for 11 months to achieve the desired result: restore the reputation of Vladimir Antonov, who made so many valuable contributions to Spyker since 2007 as financier and shareholder,” said Victor Muller, CEO of Spyker and chairman of Saab Automobile.

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Seat Rumored to Start Production of Audi Q3-based SUV in 2012


It seems that the VW Group’s Martorell plant in Spain will not only build the new Audi Q3, but a similar version of the compact SUV for Seat as well, according to a report from British car magazine, What Car. Industry sources told the publication that the Seat IBX crossover study shown at Geneva this year will be built in the same plant with the Audi Q3, with both models to share the same platform. The production version of the IBX is expected to be introduced next year. Read more »

Chrysler Group to Repay $7.5 Billion of Government Loans by the End of June


In order to pave the way for
Fiat to reach 51 percent ownership of the Chrysler Group, the Auburn Hills-based automaker announced today that it intends to repay in full the loans provided by the U.S. and Canadian governments back in 2009 ($7.53 billion in total).

The Chrysler Group said it plans to complete the repayment during the second quarter of 2011 (ending in June). The company will use money from a new term loan facility plus a new issue of debt securities that will be sold to institutional investors in a private offering along with proceeds from Fiat’s recent cash infusion to increase its stake in Chrysler.

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