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Apr
20th

F1 set for cost-cutting summit on 1 May

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From GMM

F1 will move to put cost-cutting efforts back on the agenda during a May 1 meeting.

Earlier, it was reported FIA president Jean Todt was considering new measures including reviving 'active suspension', after the new top team-dominated Strategy Group blocked his move to impose budget caps in 2015.

A meeting for 1 May has now been called.

"Time is running out," Monisha Kaltenborn, whose Sauber team ran into high-profile financial strife last year, is quoted by the German news agency DPA.

"Actually, the time for this decision is long gone, but it's never too late," the Swiss team's boss added.

F1's smaller teams are angry that their more powerful rivals are thwarting moves to reduce spiralling costs, and reportedly threatening to challenge the Strategy Group against European competition laws.

"It's not about small or big teams," insisted Force India chief Bob Fernley, "it's about the future of formula one."

World champion team Red Bull's Christian Horner, however, insists the biggest teams are not opposed to reducing costs.

"We need to identify the cost drivers and equalise the playing field for everyone," he said.

Horner argues, however, that a budget cap was not the right solution.

"How would a budget limit of $200 million help Sauber? They wouldn't save a single dollar," he claimed.

A key meeting, to be presided over by Todt and Bernie Ecclestone, will now take place on May 1, between the Chinese and Spanish grand prix.

"Hopefully we will find some solutions, and it's not another of those meetings where we do not make a lot of progress," Kaltenborn concluded.


Apr
20th

F1: Gerard Lopez hints Lotus was bullied over budget cap axe

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From GMM

Lotus team owner Gerard Lopez on Sunday indicated he was unhappy to have joined the opposition against the introduction of budget caps.

The powerful 'Strategy Group' teams - comprising the 'big four' Red Bull, Ferrari, Mercedes and McLaren but also Williams and Lotus - recently wrote to Jean Todt indicating they would not approve the FIA president's cap proposal.

Williams is included in the group due to the team's past success and history, while Lotus is also a member after finishing the 2013 season in fourth place.

But Lopez hinted to Germany's Auto Motor und Sport that the two smaller teams were bullied into signing the letter.

Pastor Maldonado, Lotus E22, Chinese Grand Prix F1
Pastor Maldonado, Lotus E22 (Photo: WRi2)

"Williams and us were pulled over the table," he is quoted as saying.

The biggest teams, however, argue not only that the proposed $200 million cap would not help their small rivals, but that it could not even be effectively policed.

And Mercedes' Toto Wolff is quoted on Sunday: "It makes no sense to introduce rules that are not supported by the three major teams."

The big teams' counter-proposal is for cost cuts to be achieved by introducing some new technical and sporting regulations.

"We need to find meaningful limits," Wolff explained, "such as extending the parc ferme or the curfew.

"We need to discuss, for example, whether it is sensible to fly in new parts on every day during a race weekend, or 24 hour shifts before races."

The small teams, however, are sceptical, believing that the big teams are already finding ways around the existing cost-saving measures, such as limited wind tunnel use.

"When I see the downforce of the big teams, it's impossible within the allowable limits," a representative of one small team is quoted as saying.


Apr
20th

Adrian Newey chooses to be with Mark Webber at Silverstone, not in China

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From GMM

Adrian Newey chose overcast Silverstone over smoggy Shanghai for the weekend of the Chinese grand prix.

Speed Week reports that Red Bull's technical boss was not on the Shanghai pitwall on Sunday because he was actually trackside at Silverstone.

It is at the British grand prix venue that the season opener of the world endurance sports car championship (WEC) is taking place, and Newey has been spotted chatting with Red Bull's newly-retired driver Mark Webber.

Mark Webber, Porsche 919 hybrid, Six Hours of Silverstone, WEC
Mark Webber, Porsche 919 hybrid (Photo: Porsche)

This weekend, Australian Webber is kicking off his new career as Porsche's lead prototype driver.

"It was just a shorter journey to Silverstone than it was to Shanghai," a smiling Newey explained.


Apr
20th

Lexus NX to offer a 235 hp turbo or 194 hp hybrid in U.S.

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Lexus unveiled the production version of the Lexus NX compact crossover at the Beijing auto show Sunday, offering a U.S. sales forecast of 2,200 units a month.
Apr
19th

Ford showcases 7-seat Everest Concept SUV

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Ford is showing a seven-seat, mid-sized SUV concept at the Beijing auto show that previews a new vehicle to tap booming demand for crossovers in China.
Apr
19th

Volkswagen New Midsize Coupe debuts at China motor show: Compact Jetta-based four door coupe will take on the Mercedes-Benz CLA

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The
Apr
19th

Next BMW 7-series previewed in Vision Future Luxury concept: BMW shows off its future large-sedan thinking at Beijing motor show

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Apr
19th

BMW unveils concept previewing 9-series flagship

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BMW's Vision Future Luxury concept car closely previews a new brand flagship that will go on sale in global markets called the 9 series.
Apr
19th

BMW unveils concept previewing 9-series flagship

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BMW's Vision Future Luxury concept car closely previews a new brand flagship that will go on sale in global markets called the 9 series.
Apr
19th

McLaren rules out making SUVs

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McLaren will stick to building sports cars and ruled out following rivals such as Lamborghini, Bentley and Maserati that are adding SUVs to their lineups.
Apr
19th

Rolls-Royce CEO predicts 5th year of record sales

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Rolls-Royce will probably post a fifth consecutive year of record sales, helped by demand in China and Japan, CEO Torsten Mueller-Oetvoes said. Sales also may rise in Russia this year, he added.
Apr
19th

Fiat reaches deal to start making Jeeps in China in 2015

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Fiat plans to begin making Jeeps in China, the brand's second-largest market, by late 2015 after reaching an agreement with local partner Guangzhou Automobile. Fiat will produce three new Jeep vehicles in the southern city of Guangzhou.
Apr
19th

Citroen and DS brands to be differentiated

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Citroen DS3 Cabrio Racing badge
News 19 Apr, 2014

Citroen wants to move the DS brand further away from Citroen, with bespoke advertising and more luxurious showrooms

Apr
19th

Citroen HybridAir: more details

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Peugeot Citroen Hybrid Air system
News 19 Apr, 2014

Citroen CEO reveals HybridAir cuts economy by 30 per cent, and other manufacturers could get the tech

Apr
19th

VW signals it will outsell GM in China for second straight year

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Volkswagen forecast that its sales in China will increase 10 percent or more in 2014, signaling that it will outsell General Motors in the world's biggest auto market for a second straight year.
Apr
19th

Volkswagen Golf R400: Meet the hottest hatch: One-off concept provides blueprint for new 395bhp mega-hatch from Volkswagen’s R division

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This is the Volkswagen Golf R400, VW's spectacular new 395-hp version of the seventh-generation Golf. Unveiled at the
Apr
19th

‘Slow to act’ GM rankled NHTSA, e-mail shows

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Discussions between the NHTSA and GM went back and forth for months, and GM eventually sent out two batches of recall notices to owners of about 7,000 cars.
Apr
19th

AutoNation envisions quick, easy buying at digital store

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When AutoNation fully rolls out its so-called digital storefront, the following scenario may not be all that far-fetched.
Apr
19th

Lear, others devise high-tech ways to support bad backs

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Lear Corp. wants motorists to sit up straight. The seat maker is developing a "smart" seat that adjusts itself automatically to correct a motorist's posture, important for comfort on long trips.
Apr
19th

PSA needs the Citroen DS 6WR in Europe

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PSA/Peugeot-Citroen's decision not to sell the DS 6WR compact crossover in Europe is strange.
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