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May
17th

Delphi’s $1 billion IPO slated for 3rd quarter, report says

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Delphi Automotive hired Goldman Sachs and JPMorgan Chase to lead an initial public offering that may raise more than $1 billion and value the parts maker at $10 billion, a person with knowledge of the plans said.
May
17th

Dealers may handle ‘green’ tax refunds as early as 2012, LaHood says

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Auto dealers #8211; rather than the Internal Revenue Service #8211; could take over the task of awarding hybrid and electric vehicle buyers with their $7,500 federal incentive checks as soon as next year, U.S.
May
17th

Pool of potential bidders for Federal-Mogul shrinks, report says

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Private equity firms Carlyle Group and Apollo Global Management are no longer interested in automotive supplier Federal-Mogul, several sources familiar with the situation said on Tuesday, shrinking the field of potential bidders for the auto parts...
May
17th

Retired driver Randy Lewis rolls out commemorative Indy 500 wine set:

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Scott Pruett isnand#8217;t the only race-car driver looking to dress up what racing fans are drinking. Randy Lewis is, too.
May
17th

2011 BMW 335is Coupe

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2011 BMW 335is Coupe
2011 BMW 335is Coupe - Editors' Notebook - Automobile Magazine
The 335is packs the same all-around proficiency that has been the M brand's signature for decades.

As BMW continues to cut the 3-series pie into thinner and thinner slices, it's becoming difficult to discern the subtle differences among the models. This 335is slots in below the M3, and although its straight six has about 100 fewer horses than the M's V-8, it's more than quick enough to satisfy nearly any speed junkie. Some may argue that, at just under $52,000, the 335is is well worth the money, but to me, the extra power and M3-level hardware upgrades over the base 3-series model -- the superb 328i starts at a far more attainable $37,000 -- can only be appreciated on a closed course. If you don't plan to run your 3-series on the track, the less-expensive 3s will provide just as many smiles while having a more forgiving ride with only minor concessions to handling.


Photo Gallery: 2011 BMW 335is Coupe - Editors' Notebook - Automobile Magazine


May
17th

Bill Ford says company’s fleet will be 25 percent electrified by 2020:

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About 25 percent of Ford Motor Co.'s fleet will be electrified by 2020, Chairman Bill Ford wrote in an article for Fortune magazine, published online on Tuesday.
May
17th

Lear opens second Morocco plant

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Supplier Lear Corp. today announced the opening of a new electronics plant in Rabat, Morocco. The plant employs 130 and expects to add 230 by the end of 2011.
May
17th

Saab aims to restart output next week as talks with suppliers begin

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Saab, forced to halt output seven weeks ago amid payment disputes with suppliers, aims to restart assembly lines next week.
May
17th

Saab aims to restart output next week as talks with suppliers begin

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Saab, forced to halt output seven weeks ago amid payment disputes with suppliers, aims to restart assembly lines next week.
May
17th

U.S. hopes Chrysler will qualify for green energy loans

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The Obama administration is "hopeful" Chrysler will qualify for government loans to help make more fuel-efficient vehicles, but the automaker still has hurdles to clear with banks and investors.
May
17th

HondaJet takes the next step in certification:

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It was nearly eight years ago when we first heard about the HondaJet, a light aircraft that would revolutionize travel. It would be easy to fly, seat a family or more comfortably, and would be relatively fuel-efficient.
May
17th

AUTOWEEK TV: A closer look at the 2011 Hyundai Sonata 2.0T:

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Also in this episode: Toyota continues to battle unintended-acceleration lawsuits, the Ford Freestyle is being checked for surging problems, GM gets ready to build electric motors, and Highcroft Racing pulls out of the 24 Hours of Le Mans.
May
17th

2011 Chevrolet Volt

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2011 Chevrolet Volt
2011 Chevrolet Volt - Automobile Magazine
"Your mileage may vary" has never been truer.

Now that the much-anticipated and much-discussed Chevy Volt is finally out and about in the real world (on sale in seven states currently, and available in all 50 by the end of the year), we can get a better idea of what it's really like to live with. I recently did just that, taking home a Volt for a four-day weekend. Conclusion? The Volt works, but whether it works for you depends on how you interact with it -- and that's more so the case here than with any other car, due to the Volt's two methods of refueling.


Photo Gallery: 2011 Chevrolet Volt - Automobile Magazine


May
17th

Saab sees production start-up soon

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Saab Chairman Victor Muller told the company's workers that production at the Swedish automaker may begin again late next week following a new rescue deal with a Chinese investor.
May
17th

US: Nissan Americas offers storm victims discounts

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Nissan Americas is offering employee pricing and delayed finance payments to consumers who had vehicles damaged from recent storms, floods and tornadoes that hit the southeastern US.
May
17th

Hyundai to expand U.S. engine production:

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Hyundai Motor Co. will spend $173 million to expand its engine plant in Alabama to build more four-cylinder engines.
May
17th

US: Ford spending $72m to increase India capacity

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Ford will spend US$72m to expand its powertrain factory in Chennai, India, to further support its sales and export growth plans in India.
May
17th

Japan crisis puts 200,000 U.S. auto sales up for grabs

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Almost 200,000 U.S. customers looking to buy new vehicles are "up for grabs" because of parts shortages caused by the March 11 earthquake and tsunami in Japan, according to a new report. The major Japanese automakers -- Toyota Motor Corp.
May
17th

INTERVIEW: Vauxhall HR director on unions, pay and that Vivaro contract

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Vauxhall achieved perhaps the rare distinction in industrial relations of being singled out for praise by its Unite union earlier this year - human resources director Phil Millward talked to Simon Warburton about the state of play between the UK automaker and its labour body.
May
17th

By Design: Bertone Jaguar B99

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By Design: Bertone Jaguar B99
Bertone Jaguar B99 - By Design - Automobile Magazine
Consider this a template for the future.

It's not that we are offended by it or against it -- it is just not for us." So said Adrian Hallmark, Jaguar's recently recruited global brand director, referring to the Bertone B99 concept shown at Geneva in March. Big mistake, in my opinion. The B99 looks more like an archetypal Jaguar than do current production Jaguar sedans, and it does so without being retro. The XJ sedan, our Design of the Year, still retains vestiges of Sir William Lyons' double-bump headlamp nacelles from the 1960s, a more overtly retro detail than anything on Bertone's concept, and it suffers from those goofy black C-pillars and cribbed Lancia taillights.


Photo Gallery: Bertone Jaguar B99 - By Design - Automobile Magazine


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