Auto News 5

News 19 Feb, 2014

New video teases Infiniti Q50 Eau Rouge engine noise, with full specs to be revealed at Geneva Motor Show

New PSA Peugeot Citroen CEO, Carlos Tavares, the former Renault COO who joined PSA on 1 January, will take over from Philippe Varin as president of the managing board on 31 March.

France's government has confirmed it will inject EUR800m (US$1.1bn) into PSA Peugeot-Citroen with Chinese partner, Dongfeng contributing the same amount in a capital increase worth EUR3bn.

France's government has confirmed it will inject EUR800m (US$1.1bn) into PSA Peugeot-Citroen with Chinese partner, Dongfeng contributing the same amount in a capital increase worth EUR3bn.

Ferrari posted a 5 percent rise in 2013 revenue to a record 2.3 billion euros ($3.15 billion), even as deliveries of its supercars fell 5 percent to 6,922 units.

Ferrari posted a 5 percent rise in revenue last year, even as deliveries of its supercars fell 5 percent as the automaker cut production to maintain exclusivity.

Daimler has extended CFO Bodo Uebber's contract by five years as it seeks to become the top luxury-car producer in sales and profitability.

Infighting played a large role in the Peugeot family's loss of control of PSA/Peugeot-Citroen, industry watchers say.

PSA Peugeot Citroen has reported an operating loss of EUR177m for 2013, an improvement on the EUR560m lost in 2012. Sales fell 2.4% to EUR54.1bn.

Our long-term Dodge Dart has been unfairly maligned in these pages before. But we all agree it has its shortcomings. For instance, the suspension really is too soft.

At the Sochi Winter Olympics, Team USA took home its first medal in two-man bobsledding since 1952.

-- Want to be the coolest person at your next event "celebrating lifestyle and automotive achievement that will embody the realization of automotive aspiration"? (Note: this was part of a real invitation we received.

News 19 Feb, 2014

Volvo launches six special edition Ocean Race models, all to debut at the Geneva Motor Show

Fisker Automotive Holdings has won court approval to sell its assets to China's Wanxiang Group for an offer valued at $149.2 million, almost six times what the U.S. hybrid carmaker sought when it filed for bankruptcy.

The car venture that Armand Peugeot created in 1895 has one remarkable characteristic: the staying power of its founding family.

Thierry Peugeot, eldest son of Pierre Peugeot, has been named chairman of PSA/Peugeot-Citroen's supervisory board.

PSA/Peugeot-Citroen announced a 3 billion euro ($4.1 billion) tie-up with China's Dongfeng Motor as the French carmaker posted a further loss for 2013. PSA warned that it may not halt losses until 2016 -- a year later than initially promised.

Finland's Formula 1 driver, Kimi Raikkonen recently drove a LaFerrari road car at the Ferrari test facility at Fiorano.

After a few laps around track the former F1 World Champion tried to play sideways with the 963 horsepower of the LaFerrari, but he ended into a massive spin out off the track, luckly without causing damages.

The surprising spin happened while exiting the hairpin corner located south of the circuit.

German car manufacturer Mercedes-Benz produced two hot videos that debut innovative 360 degree filming technology to allow fans to watch the action from any angle.

The filming of the 360 degree videos took place at Silverstone Circuit in late January, part of an official filming day by the Mercedes AMG Formula 1 Team.



Filmed in high definition using an array of six cameras recording 40 frames per second, the footage follows Nico Rosberg as the new Mercedes AMG W05 takes to the track for the very first time.

His teammate Lewis Hamilton joined in as he took to the track at the wheel of an E 63 AMG S Estate before being chased down by an E 63 AMG S Saloon.

The E 63 AMG S Estate is powered by a hand built 5.5-litre bi-turbo V8 producing 585 hp through the rear wheels via a limited slip differential.

Photo: Mercedes-Benz AMG F1

Lotus F1 Team Wednesday launched its 2014 Renault turbo-powered E22 at Bahrain International Circuit, site of the second winter Formula 1 test session.

Photos of the car which sports a controversial fork nose circulated on the web for quite a long time.

Romain Grosjean, Lotus E22. (Photo: WRi2)

The team, now led by Genii's Gerard Lopez unveiled the new Lotus in the paddock of the Bahrain circuit.

The E22 will be tested for the next four days by Frenchman Romain Grosjean and newcomer Pastor Maldonado.

Lotus E22. (Photo: WRi2)

Romain Grosjean, Lotus E22. (Photo: WRi2)

Romain Grosjean, Lotus E22. (Photo: WRi2)