5/22/09

Source says U.S. Treasury has no plans for GM bankruptcy next week, maybe later

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According to sources that are usually never authorized to speak publicly on matters but always do, a report by the Washington Post that the U.S. Treasury Department is planning a bankruptcy filing for GM next week hold no weight.

The source told Reuters that the Treasury has no plans to force GM into a bankruptcy filing next week and that the outcome of the company’s restructuring efforts will remain mostly unknown until its June 1 government-imposed deadline.

The Washington Post said that the Treasury would “steer” GM into a bankruptcy next week and would provide it with $30 billion in new federal loans (which we’re sure would have taxpayers up in arms).

Source: Reuters

Suzuki bringing three Equator concepts to Windy City. Again.

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Click above for a larger image of Suzuki and Truckin' Magazine's Equator concept

At last year's Chicago Auto Show, Suzuki showed off three versions of its reworked Nissan Frontier pickup, the Equator. The three concepts were the RMZ-4, Quad and Quay, which represented trucks to haul a superbike, a quad and a boat, respectively. Since then, we've driven an Equator and heard that the production truck will sell for $17,995. Flash forward to the 2009 Chicago Auto Show and American Suzuki Motor Corp. is finally ready to introduce the "all-new" Equator with - wait for it - three concept trucks. This trio of trucks, however, have been customized by 4-Wheel & Off-Road, Off-Road and Truckin' magazines.
In the case of the Truckin' concept (shown above), an Equator has been lowered and fitted with a set of massive six-spoke alloys wrapped in rather serious-looking street rubber. So-equipped, it almost looks like this trucklet might canyon carve almost as well as the motorcycle in its bed. Well, perhaps that's stretching things a bit. The concept uses a massaged four-cylinder under the hood that probably couldn't come close to keeping up with that 999cc GSX-R sportbike in the bed. But it sure looks fun! We'll be sure to cover all three concepts along with everything else worth seeing when we get to the Windy City in about ten days.
[Source: Suzuki]

2010 Mitsubishi Lancer Sportback Confirmed for U.S.

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America is still not a hatchback-friendly place, but rising fuel costs and a plunging economy have several automakers hoping that tighter pocketbooks will have U.S. customers looking at smaller, more efficient ways to get the SUV/crossover feel. In the summer of 2008, when we first saw the Mitsubishi Lancer Sportback, company representatives strongly hinted but were hesitant to confirm that the five-door version of its Lancer and Lancer Ralliart would come to the U.S.. The Sportback is already available in Europe.

The official announcement is here: Mitsubishi will offer U.S. buyers a choice of sedan or hatchback versions of its compact Lancer. GTS and Ralliart trim levels will be available with a choice of four or five doors, but buyers opting for either DE or ES models or the gonzo Evolution X will have their door count limited to four by the factory. The addition of hatchbacks to the Lancer lineup allows Mitsubishi to more directly compete with Subaru’s Impreza family.

Keep Reading: 2010 Mitsubishi Lancer Sportback Confirmed for U.S.

Bentley Supersports Biofuel

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Well, whatever they eventually name it, it seems not even ultra-luxury automakers like Bentley are immune to the required eco-sensitivity of our times. And why not? We should all do our part. If Willie Nelson can start a bio-diesel fuel company then, yes, Bentley should have this. At the Geneva auto salon earlier this year Bentley premiered a Continental GT that runs on ethanol and called it the Continental Supersports, for lack of a more appropriate name, apparently.
Bentley Supersports Biofuel -1Bentley Supersports Biofuel -2And the upside is that the E85 version is a better performer, upping the power quotient on the 6.0 liter W12 engine to 630 hp, 20 hp more than the GT Speed and 78 more than the standard Continental GT. 0 to 100 km/h comes in at under 4 seconds (3.9 s). Another marked improvement over the GT and GT Speed, which come in at 4.8 and 4.5 seconds, respectively. There's also a modest jump in top speed - 329 km/h compared to 322 (GT Speed) and 318 km/h (Continental GT).
But the improved performance does not necessarily reflect the power of the E85 (ethanol) fuel. Bentley has put the Continental on a diet to the tune of 110 less kilograms through the use of carbon fiber components. There's also a new Quickshift gearbox that makes changes twice as fast as the previous iteration of the transmission. It also has a wider track at the rear by 50 millimeters.
The spy shots seen here are of the Continental Supersports arriving at the track at Nurburgring for a little exercise. Cosmetic differences to the standard Continental GT are minimal, with a different rear bumper and tailpipes and larger air intakes at the front, which improve cooling to also help increase those performance numbers.
Whoever will be driving this, though, you can bet they won't be whistling On the Road Again. Willie, you interested?
© Source: worldcarfans

MotoCzysz range of electric motorcycles

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Assuming testing goes off without too much drama, MotoCzysz plans to enter an electric motorcycle in the upcoming TTXGP zero-emissions time trial at the Isle of Man. Motorcycle Daily got the chance to talk to Michal Czysz about the new development, and a few interesting tidbits were gleaned.
MotoCzysz electric motorcycle,According to Czysz, the E1PC came about after an employee asked for permission to borrow the frame from a Yamaha YZF-R1 to create an electric motorcycle to enter in the TTXGP. Apparently, Czysz thought it would be better to design a new bike from the ground up using an advanced carbon fiber frame that's been designed to accept a modular powertrain. This design will reportedly allow for a range of electric motorcycles all based on the same basic underpinnings.
The entry-level electric MotoCzysz machine would cost under $20,000 and use a relatively small motor and battery pack, allowing for around-town riding with short bursts on the highway. A higher-spec model could go for $50,000 or more and would use a much larger battery pack (Czysz suggests it could be as large as the Chevy Volt's 16 kWh unit) enabling it to hit speeds of 150 miles per hour and have additional range.
© Source: autobloggreen

2009 Fiat 500 by Diesel

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The Fiat 500 by clothing designer Diesel features the following options:
Exterior
Specific alloy wheels with Diesel logo
Yellow painted brake calipers on 1.4 version
Diesel side mouldings
Specific wing mirrors
Mini mouldings and bonnet
Diesel log on the back
2009 Fiat 500 by DieselInterior
Denim seats with specific Diesel design
Diesel logo on gear lever knob.
Diesel logo on yellow special instrumentation
Typical Jeans 5th pocket on the front seats side
Available in Green Diesel, Bronze, and Black.
© Source: seriouswheels

2009 Land Rover LR3

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2009 Land Rover LR3

The 2009 Land Rover LR3 returns for the new model year significantly cheaper than last year’s model. The SE and HSE models of previous years have been replaced with a base model, plus HSE and HSE LUX editions. The Land Rover LR3 is powered by a 300-horsepower, 4.4-liter V-8 and exhibits gutsy acceleration with the requisite [...]

2009 Infiniti G37

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2009 Infiniti G37

Introduced last year and available in three different models (base, Journey, and Sport), the Infiniti G37 Coupe is joined by a fourth model for 2009, the G37x Coupe AWD. The new coupe utilizes Infiniti’s ATESSA E-TS all-wheel-drive system found on other Infiniti models. Likes Interior appointments Attractive styling Plenty of power Dislikes Strange feel of power steering Road noise Stability control is always [...]

2009 Lincoln MKX

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2009 Lincoln MKX

The MKX has proven a popular model for Ford’s luxury Lincoln brand. On the 2009 Lincoln MKX, the essentials are largely carried over, but some new features are tacked on for good measure. Likes American luxury styling Very generous feature list Quiet interior Heated rear seats Dislikes Mushy handling Long braking distances Interior materials TheCarConnection.com has driven the 2009 Lincoln MKX and reports with firsthand [...]

New seats “Abarth Corse by Sabelt”

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New seats “Abarth Corse by Sabelt”

The new seat “Abarth Corse by Sabelt” is born: a technologically evolved product which is the result of the cooperation between two Italian brands, sharing the same sportsmanship and technological values. In fact, Abarth once more found the ideal partner in Sabelt in order to develop this new product, which confirms the goal of the [...]

Vauxhall Launches Most Economical Car In Company’s History

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Vauxhall Launches Most Economical Car In Company’s History

With a combined C02 rating of just 105g/km, the latest Vauxhall Corsa ecoFLEX shaves a remarkable 14g/km off the outgoing model’s emissions figure, and now achieves 85.6mpg on the Government’s extra urban fuel cycle - an improvement of over 13 per cent. Now officially Vauxhall’s most economical production vehicle in its 106-year history, the 3-door only [...]

Legendary 1957 Ferrari Testa Rossa Smashes Auction World Record At Maranello Sale

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Legendary 1957 Ferrari Testa Rossa Smashes Auction World Record At Maranello SaleRM Auctions, in association with Sotheby’s made history in Maranello as a 1957 Ferrari 250 TR, chassis no. 0714TR sold for €9,020,000 at the third annual Ferrari Leggenda e Passione event to set a new world record for the most expensive motor car ever to be sold at auction. Returning to its Maranello birthplace for [...]

Audi once again named top employer by engineers

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audi logo 1

Germany�s engineering students have once again voted AUDI AG the most attractive employer, as Universum revealed today in its Most Popular Employers rankings. The Ingolstadt-based automotive company came out on top among budding engineers to repeat as victor.

Volvo in the black

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volvo c30 r 09

The hot car colour right now is black, in both solid and metallic. The "blackest" of all Volvo's car models is the baby of the family, the Volvo C30.

Cosmic Motors

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cosmic motors cover

Former Bugatti & Lamborghini designer goes crazy and explores the vehicle designs of a futuristic, faraway galaxy where hyperreality and hyperspeed exist as part of everyday life.

Opel Astra : 2010

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opel astra 2 10

Integrating German engineering excellence, fluid sculptural design and accessible innovative technologies, the new Opel Astra captures the philosophy which quickly made the Insignia Europe�s best-selling mid-sized sedan. Opel�s new compact will premiere September 17, 2009 in Frankfurt at the IAA as a dynamic five-door hatchback with elegant touches that profits from the best of Opel engineering for a thrilling driving experience.

Obama Announces New Fuel Economy Standards - Where does BMW stand?

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Big day for the U.S auto industry, President Obama has announced new rules for fuel efficiency and emissions that will require require all automakers selling automobiles in the U.S. to increase fleet fuel efficiency by 5% PER YEAR starting in 2012.

We have already heard  in the past about the California Zero Emission Vehicles regulation which stipulates that large auto makers have to sell between a few hundred and a few thousand Zero Emission Vehicle every year starting in 2012.

The new rules announced today will increase the 2009 model year requirements of 25 mpg to fleet fuel efficiency standard of 35.5 miles  per gallon by model year 2016. This breaks down into the following: fleet fuel efficiency standard for all domestically sold passenger cars will be 39 mpg and 30 mpg for all domestically sold light trucks and SUVs.

So, the natural questions arises: where does BMW stand and how will they be affected? Well, we can clearly see now how BMW has positioned itself over the last few years and in our opinion, their odds are very good. We have first seen more and more vehicles being launched under the EfficientDynamics program, with two diesel efficient engines that launched in the U.S. late last year. We have also learned over a year ago about BMW’s plans to introduce four cylinder turbo engines and even quad-turbo four cylinder sometimes in the future.

Also, just a few weeks ago, another semi-confirmed rumor appeared: three cylinder engines that will power some of the next generation 1 Series entry models. Despite the fact that the most recent BMW models are being powered by large displacement engines, including the most recent V8 twin-turbo in the X5 M and X6 M, the future generation Motorsport models will use six cylinder engines, either in-line or V6.

As far as the MINI brand, we have already seen the first 500 MINI E  electric models being launched part of a pilot in some U.S. states. Future MINI vehicles will also use four cylinder engines, either gasoline or diesel.

At the end of this year, BMW will launch the first hybrid SUV/SAC , the X and we predict to see an X5 hybrid next year as well. The 7 Series will also come in a “hybrid flavor”, making the large premium sedan a far more efficient car.

Again in our opinion, we will see many changes in the next few years, clearly four-cylinder gasoline engines coming to the U.S., some new diesel models(we’re rooting for the 123d) and definitely more hybrid vehicles(5GT is rumored to be one of them).

Before I will let you read the BMW statement issued today, I would like to leave you with this thought: will this announcement made today impact in short term, in a positive way, the sales of the BMW 335d and X5d?

Below you will find the current EfficientDynamics BMW and MINI fleet.

bmw-fleet-efficientdynamics1

mini-fleet-efficientdynamics1

BMW Group supports Obama Administration’s Proposal on Future National Fuel and Green House Gas Regulations

* 19.05.2009
* Press Release

Munich/Washington,DC. The BMW Group is in agreement with the direction outlined today by President Obama and his Administration to have the Environmental Protection Agency (EPA) and the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) work together toward one national standard for regulating future greenhouse gas emissions and fuel economy. “The announcement today by President Obama is a major step in the right direction for automotive manufacturers in the United States such as the BMW Group,” said Friedrich Eichiner, Member of the Board of Management of BMW AG. “Consistency of legislation and planning certainty are not only crucial for synchronizing product development and regulatory requirements but also for enabling companies to remain viable, profitable and sustainable.”

With a view to the challenging new targets in the US the BMW Group can build upon its extensive technological expertise and innovative know-how in developing environmentally friendly technologies that have already enabled the company to reduce its carbon output and increase fuel efficiency over the past several years.

In the US, the recent report entitled “Automakers’ Corporate Carbon Burdens” published by the Environmental Defense Fund found that the BMW Group had reduced fuel consumption and CO2 emissions in the US more than any other automotive company between 1990 and 2005.

In Europe, the BMW Group also achieved fuel consumption levels that were the best among any premium auto manufacturer between 1995 and 2008, exceeding the voluntary commitment made by the Association of European Automobile Manufacturers to reduce average CO2-emissions by 25 per cent from 1995 to 2008. Such achievements have enabled the BMW Group to be ranked as the most sustainable automotive company in the world for the past four consecutive years.

Innovative fuel and emission reduction solutions are part of the Efficient Dynamics program of the BMW Group, which is integrated throughout the company´s fleet. Since the spring of 2007 well over one million vehicles incorporating Efficient Dynamics measures have reached customers around the world. The launch of BMW Advanced Diesel this year will deliver further potential for fuel consumption reduction in the US. Later this year, the company will also introduce innovative hybrid systems.
In addition to these efforts, the BMW Group is testing more than 600 electric MINI E vehicles both on the East and West coast of the US as well as in Germany and possibly soon in the UK to gain valuable insight and experience for a series version of an electric vehicle, which is expected to be launched by 2015. This demonstrates the BMW Group´s drive towards sustainable mobility and will help the US Government in its commitment towards a cleaner environment.

GM continues working on HCCI diesel-like technology

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Even with its June 1 deadline around the corner, General Motors continues to work on a new gasoline engine that runs like a more-efficient diesel unit. Known as the HCCI, the technology improves fuel-economy by 15 percent and releases fewer emissions - something that could help the future GM comply with the new proposed fuel-economy regulations announced by Obama.

HCCI, which stands for ‘homogenous charge compression ignition,’ works by igniting a mixture of air and fuel inside the engines cylinders and doesn’t use a spark-generated flame. The process uses less fuel and more air to generate power by using advanced technologies, direct injection, electric cam phasing, variable valve lift and cylinder pressure sensing.

While GM has been able to report a top speed of 60 mph with the HCCI in a Saturn Aura test-mule, there are still many challengers including controlling the process at high altitudes and high temperatures.

No word on when GM plans to have the HCCI technology ready but look for it sometime after the Chevrolet Volt.

Source: AutoWeek

Gimme, gimme more: Additional BMW 5-Series GT press photos leaked

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It seems like no one wants to be left behind with leaking press photos of the 2010 BMW 5-Series GT before its Frankfurt Motor Show debut. We’re guessing BMW will soon release all the high-res photos and the press release with all the official details. Stay tuned.

For now enjoy some more leaked photos - courtesy of Edmunds.

Check out the other photos leaked earlier this morning over here.

Follow the jump for more pictures.

2010 BMW 5-Series GT:

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