Tag: car

  • Maserati’s First Electrified Model To Roll Out In 2020

    Maserati’s First Electrified Model To Roll Out In 2020

    The electric vehicle segment is catching the attention of premium carmakers globally. It’s been quite some time now that the German trio- Mercedes-Benz, BMW and Audi have introduced their electric vehicles or concepts and other carmakers are joining the fray. Just a day after Volvo announced its first fully electric vehicle- the XC40 Electric, Maserati has shared plans about its electrified products. In line with Fiat Chrysler Automobile (FCA) group’s 5 Billion Euro investment in Italy, Maserati has announced plans for electrification and autonomous driving technologies.

    The company has said that all Maserati new models will be made completely in Italy and will be powered by hybrid and battery electric powertrains offering unique driving modes, extended driving range and ultra-fast charging Capabilities. Moreover, all new Maserati cars, including updated models, will feature a range of autonomous driving capabilities like the Maserati Level 3 Highway Assist which enables the car to be driven with hands off the steering wheel, it can maneuver in and out of lanes and can bring the vehicle to a halt at the side of the road just in case the driver is unable to take control.

    Maserati will introduce its first electrified model in 2020 which will be a Maserati Ghibli Hybrid. It will be manufactured at the Modena plant where the company is significantly upgrading the production line along with investing 800 Million Euros for a new production line. The first pre-production cars are expected to be rolled off by 2021. The company will also manufacture the all-new Gran Turismo and Gran Cabrio in Turin where FCA is investing another 800 Million Euros. Between 2019 and 2021, FCA will be developing 13 new or significantly updated models and electrified versions of 12 models including Maserati and Alfa Romeo cars.

  • Vietnam Car imports plummet in August

    Vietnam Car imports plummet in August

    Vietnam imported around 9,000 completely built-up cars in August, down from the average of 12,500 in the previous seven months.

    The imports cost $174 million, according to the General Statistics Office.

    Imports dropped sharply in August because it coincides with the seventh lunar month, traditionally called the “ghost month” in which locals avoid buying new things to avoid bad luck, said car dealerships.

    Vietnam imported over 96,000 CBU units worth a total of $2.1 billion in the first eight months of this year.

    This represents an increase of 320 percent in volume and 300 percent in value from the same period last year, when the government issued a decree with tougher conditions, requiring importers to provide certain certificates to ensure quality and countries of origin.

    Vietnam imported 72,650 cars last year, down nearly 20 percent over 2017, according to Vietnam Customs. But their value exceeded $1.64 billion, up 21 percent.

  • Audi recalls imported cars with brake faults

    Audi recalls imported cars with brake faults

    Audi Vietnam has announced a recall program to inspect and replace faulty main brake cylinders on 21 Audi Q5 crossovers.

    Distributors of the German car in Vietnam will recall the Audi Q5 Sport 2.0 TFSI Quattro and Q5 Design 2.0 TFSI Quattro models, made between July 2018 and March 2019 and imported as completely built units (CBU) into Vietnam.

    Due to an error in making the main hydraulic brake cylinder, brake oil could leak after prolonged use, damaging the brake system and increasing accident risks, said Vietnam Register, the agency under the Ministry of Transport that is in charge of registering vehicles, in a statement.

    However, Audi said the emergency braking function of the vehicles’ electronic parking brakes is not affected, and that so far, Audi has not recorded any accident related to the above problem.

    The recall and inspection program will take place until June 10, 2020.

    Audi opened its first dealership in Ho Chi Minh City in 2008, and now possesses three dealerships, the other two in Hanoi and Da Nang.

  • Imported car sales soar despite efforts to tighten imports

    Imported car sales soar despite efforts to tighten imports

    Consumption of imported cars has skyrocketed while that of locally-assembled ones is falling despite efforts last year to tighten imports.

    From January to August, sales of imported cars rose 178 percent year-on-year to 82,800 units, while that of locally-assembled vehicles dropped 14 percent to 119,700 units, according to the Vietnam Automobile Manufacturers’ Association (VAMA).

    The number of imported vehicles with nine seats or less in the period almost quadrupled to over 71,000, according to Vietnam Customs.

    However, the high increase in imports this year has to do with a plunge last year because of a government decree that introduced tougher conditions for car importers, requiring them to provide certain certificates to ensure quality and countries of origin. This had led to a decline of 20 percent from 2017.

    Imports started to regain traction in the second half of last year when businesses were able to meet those requirements.

    Vietnam is considering removing special consumption tax on car parts produced locally to boost local manufacturing. Some businesses are shifting their production of high-demand vehicles to the country.

    As Vietnam sees rising demand among people to switch from motorbikes to cars alongside an increase in the country’s per capita income, annual car sales could more than triple in the next five years to reach a million in 2025, according to the Ministry of Finance.

    Vietnam imported 95,900 automobiles in January-August, up 3.2 times year-on-year, 86 percent of these from Thailand and Indonesia, according to Vietnam Customs.

  • Honda To Cease Diesel Vehicle Sales In Europe By 2021

    Honda To Cease Diesel Vehicle Sales In Europe By 2021

    Honda Motor said it would phase out all diesel cars by 2021 in favor of models with electric propulsion systems, as the Japanese automaker moves to electrify all of its European cars by 2025.

    Honda is the latest automaker cutting production of diesel cars to meet stringent global emissions regulations. The plan is part of its long-term goal to make electric cars, including all battery-electric vehicles, to account for two-thirds of its line ups by 2030 from less than 10% now.

    By next year, according to European Union emission targets, CO2 must be cut to 95 gram per km for 95% of cars from the current 120.5 gram average, a figure that has increased of late as consumers spurn fuel-efficient diesels and embrace SUVs. All new cars in the EU must be compliant in 2021.

    For Honda, declining demand for diesel vehicles and tougher emissions regulations have clouded its manufacturing prospects in Europe.

    Honda said in February it would close its only British car plant in 2021 with the loss of up to 3,500 jobs.

    Japan’s No. 3 automaker has said it would cut the number of car model variations to a third of current offerings by 2025, reducing global production costs by 10% and redirecting those savings toward advanced research and development

  • Nokian Tyres Says High Inventories In Europe To Hurt H2 Sales

    Nokian Tyres Says High Inventories In Europe To Hurt H2 Sales

    European distributors are holding back from buying costly winter tyres due to high inventories, Finland’s Nokian Tyres said on Thursday, adding it saw weakness in its Russian market too.

    “We expect short-term weakness in sales volume throughout Central Europe to continue during the remainder of the year,” Chief Executive Hille Korhonen told an investor call.

    Korhonen said summer tyre inventories in Central Europe were higher than normal, leading distributors to hold back on stocking winter tyres.

    “So it seems that the order intake is slower compared to many, many years and they will be ordering goods closer to the season,” Korhonen said, adding oversupply was putting pressure on prices.

    Korhonen said the company’s view on the Russian market had worsened through the year.

    “There is increasing uncertainty in the Russian market and my meetings with all key distributors in Russia earlier this month confirmed the weakness,” Korhonen said.

    Shares in Nokian were 3% lower in late trading.

  • Toyota To Expand Sao Paulo Plant

    Toyota To Expand Sao Paulo Plant

    Toyota Motor announced a 1 billion reais ($243.29 million) expansion at a plant in the Brazilian state of Sao Paulo, joining Volkswagen and General Motors in new investments in the region. Toyota said the funding would allow the Sorocaba plant, which builds the Etios and Yaris sedan models, to produce a new vehicle model. It did not provide details on the new model.

    Sao Paulo state has long been the heart of Brazil’s auto industry, which is, in turn, the largest in South America, but it had recently been losing steam against aggressive incentives offered by other states to lure manufacturers. Ford announced plans in February to shut down and sell one its oldest Sao Paulo plants.

    Sao Paulo Governor Joao Doria has fought back to keep manufacturing jobs in the state, devising a tax incentive program to give automakers a 25% reduction in value-added taxes as long as they invested at least 1 billion reais and created 400 new jobs.

    Toyota, however, said the Sorocaba expansion will create only 300 jobs. The company, which has two other plants in Brazil, did not immediately respond to a question about whether this would still allow it to benefit from the tax incentives.

    “During the last decade, which involved challenging times for the economy and the auto industry, Toyota remained faithful in its commitment … growing in a sustainable way,” Rafael Chang, who heads Toyota in Brazil, said in a statement.

  • Uber Awaits Renewal Decision On Vital London License

    Uber Awaits Renewal Decision On Vital London License

    Uber is still waiting to see whether its license in London, which expires on Wednesday, will be renewed as the regulator, which previously stripped the taxi app of its right to operate in the city, remains tight-lipped about the decision. Transport for London rejected the Silicon Valley company’s license renewal request in 2017 due to failings it said it found in its approach to reporting serious criminal offenses and driver background checks, prompting legal action.

    A judge in 2018 then granted Uber a probationary 15-month license, which expires on Sept. 25, after the company had made several changes to its business model in London, the firm’s most important European market.

    A question put to London Mayor Sadiq Khan from a member of the city’s assembly about the license renewal is still awaiting a reply according to an entry on the London Authority’s website from earlier this week.

    TfL said it does not comment on individual license applications. Uber declined to comment on Friday. Among its options are giving Uber a maximum five-year license, a shorter one, or stripping the firm of its ability to operate, almost certainly prompting an appeals process during which the app would still be able to take rides, as in 2017.

    Benjamin Black, Co-Head of Internet Equity Research at analysts Evercore ISI, told Reuters he thought the firm would retain its ability to operate in London, one of its top five global markets.

    “If they lost the London license, that would be a major blow… but we just don’t see it happening,” he said.

    “Is there going to be another 15-18 month renewal or is it going to be five years? Judging by (ride-sharing firm) Ola coming in and getting a 15-month license, I think they’re going to be on the shorter cycles.”

    The 2017 license loss came just weeks after Chief Executive Dara Khosrowshahi took over and became a test of his ability to assuage regulator concerns as the app faced disputes with taxi firms and the authorities in different markets.Mayor Khan was critical of Uber just weeks ago and said companies must play by the rules.

    “You will know my track record which is standing up to the big boys, and they are boys, and make sure everyone plays by the rules,” he told listeners to a phone-in on LBC radio. “I don’t care how many lawyers you employ or how big your PR budget.”

  • BMW CFO Wants To Cut 5,000-6,000 Jobs By 2022

    BMW CFO Wants To Cut 5,000-6,000 Jobs By 2022

    BMW’s finance chief Nicolas Peter wants to cut between 5,000 and 6,000 jobs by 2022, mostly at the carmaker’s Munich headquarters, a German magazine reported on Thursday.

    Manager Magazin also said that Ilka Horstmeier was a favourite to head human resources, while Milan Nedeljkovic would take over as head of production.

    BMW, which declined to comment, has been undergoing a shakeup of top managers.

    In August, Oliver Zipse succeeded Harald Krueger to became chief executive officer, leaving vacant the production role he had overseen.

    On Wednesday, BMW announced that Milagros Caina Carreiro-Andree, the board member in charge of human resources, would not seek a new term, citing personal reasons.

  • Tesla Takes On Porsche With Battle On Germany’s Toughest Circuit

    Tesla Takes On Porsche With Battle On Germany’s Toughest Circuit

    Germany’s Auto Motor und Sport this week published photographs of a Tesla with “100D+” markings on the track where according to the magazine, it clocked an unofficial time of 7 minutes and 23 seconds, beating the recently launched electric Porsche Taycan’s lap time of 7 minutes 42 seconds.

    Tesla wants to steal Porsche’s bragging rights by testing its Model S on the northern loop of Germany’s Nuerburgring circuit, using a marketing tool that German carmakers have long used to tout the superiority of their products.

    Germany’s Auto Motor und Sport this week published photographs of a Tesla with “100D+” markings on the track where according to the magazine, it clocked an unofficial time of 7 minutes and 23 seconds, beating the recently launched electric Porsche Taycan’s lap time of 7 minutes 42 seconds.

    A formally timed record attempt was due to take place on Wednesday, with another attempt scheduled for Saturday, Auto Motor und Sport said.

    Tesla is using the Nordschleife, as the track is known, to market its “Plaid” mode on a 7-seater Tesla Model S, CEO Elon Musk confirmed on Twitter.

    “We expect these track times to be beaten by the actual production 7 seat Model S Plaid variant that goes into production around Oct/Nov next year,” Musk said on Tuesday.

    Setting a new record time for four-door electric cars would give the U.S.-based manufacturer’s ageing Model S a new lease of life just as Audi, Mercedes-Benz, BMW and Porsche prepare to launch electric cars.

    The Nordschleife is one of the world’s most treacherous thanks to its length of just over 20 km (12.5 miles), slanted cambers and an altitude difference of 300 meters (yards) between its highest and lowest point.

    Porsche says its 919 Evo hybrid racecar currently holds the record with a lap time of 5 minutes 19 seconds, set in 2018 by keeping up an average speed of 234 km (146.3 miles) an hour, despite blind corners, narrow bends and limited safety run-off zones.

    Porsche, BMW, Mitsubishi, Nissan, Cadillac and Aston Martin have used the racetrack as a boot camp to hone reliability and handling and to benchmark their vehicles against top competitors.

    “If you take the same corner, on the same road, at the same speed, in two different cars, you can see how your car measures up to the competition,” said driver Dirk Schoysman, who set a Nordschleife lap record in 1996 in a Nissan Skyline with a time of 7 minutes 59 seconds.

    For Nissan, the new record underscored the Skyline R33 GT-R’s global status as a serious sportscar, proving that Japanese brands could be as competitive as vehicles made by Germany’s finest manufacturers.

    The circuit opened in June 1927 to become an important battleground where legendary drivers like Tazio Nuvolari and Juan Manuel Fangio drove some of their most memorable races.

    In 1935 senior Nazi officials gathered at the German Grand Prix ready to cheer the home team, only to see Italy’s Nuvolari beat the Mercedes-Benz W25 and the Auto Union Typ B in an Alfa Romeo Tipo B P3.

    The track remained a venue for Grand Prix races until 1976 when a horrendous crash almost killed driving ace Niki Lauda, leading to the opening of a shorter, wider Nuerburgring track with improved facilities in May 1984.

    But carmakers have continued to use the older circuit’s 40 right-hand and 33 left-hand turns through the Eifel region’s forested hills to develop their regular vehicles.

    “Cars cannot keep secrets here, mistakes and problems will eventually rise to the surface,” Schoysman said.

    At the Hatzenbach corner, cars enter a dip forcing them over a series of undulations with their suspension compressed, testing the chassis to the limit.

    “If the car changes its line in that corner it may be a tire flexing, the suspension bushes that have gone through their stroke, or a problem with the stiffness of the car body, or its electronic stability program,” Schoysman explained.

    These development tweaks continue to be relevant for electric cars as well as for marketing purposes.

    Understanding the circumstances of the test lap will be crucial for evaluating Tesla’s achievement, Schoysman said.

    “Getting a new lap record shows the know-how of the company but there are always questions: Are the cars realistic copies of what the customer finds in a showroom? Or were they modified?”

  • Bugatti Celebrates 110th Anniversary With Baby 2

    Bugatti Celebrates 110th Anniversary With Baby 2

    Well! This one is not going to go transcending and set any earth-shattering speed record, yet it’s a Bugatti. It’s definitely something which rich kids with developing taste in cars would love to have, more so as it’s a bit grown up now. It’s the Bugatti Baby 2 which we first saw as a 3D printed model at the 2019 Geneva Motor Show and it is going to have a limited edition run. Bugatti will be manufacturing only 500 units of the Baby 2 and 500 lucky teenagers have already got one in their cart. Yes! It’s completely sold out.

    In fact, Stephen Winkelmann, President of Bugatti who also has a history of working with fast car brands is intrigued by the model and is excited to see it driving around the Bugatti premises. Incidentally, the Baby 2 also marks Bugatti’s 110th birthday. It has partnered with The Little Car Company to make this junior car. The first prototype, called the XP1, is already ready for test drives at La Grande Fete in Molsheim. To allow the Baby II to be driven by both adults and children, it has grown from the 50 percent scale of the original to a 75 percent scale replica of the Type 35 and includes a sliding pedal box for drivers of all age. In the first stage of its inception, the engineering team digitally scanned every single component of a 1924 Type 35 Lyon Grand Prix car. Then it got a new electric powertrain with lithium-ion batteries and regenerative braking along with few more redesigned elements to suit the need of modern age. It gets the same eight-spoke alloy wheels shod in new Michelin tires and it gets new hollow front axle along with the suspension and steering mechanism from the old Type 35.

    The old oil and pressure meters in the Baby 2 are now replaced with battery level, indicator and power gauge and the four-spoke steering wheel continues to be there.

    The cockpit gets the same four-spoke steering wheel ahead of the aluminum casing which sports Bugatti’s signature instruments. The old oil and pressure meters are now replaced with battery level, indicator and power gauge but the clock used to measure race performance in the iconic Type 35 remains as a symbol. The fuel pressure pump from the Type 35 has been digitally replicated and repurposed as a forward or reverse control, and all cars will come with a horn, rearview mirror, handbrake, headlights and a remote control to disable the car from up to 50 meters. In the centre of the dashboard is a plaque giving the unique chassis number of the Baby 2 and displayed on the nose of every car will be Bugatti’s famous ‘Macaron’ badge, made of 50g of solid silver, just like the Chiron.

    It also gets a rear-wheel drive powertrain and comes with two selectable power modes for drivers of a different experience. A 1kW ‘child mode’ with the top speed limited to 20 km/h, and a 4kW ‘adult mode’ with the top speed limited to 45 km/h. That said, there is also a Speed Key for experienced and confident drivers which takes the total power output to 10 kW and bars the speed limiter. It also comes equipped with a limited-slip differential which channelizes all the torque to the rear wheels. The car will come with two sizes of a removable battery, a standard 1.4 kWh pack and a long-range 2.8 kWh version. While the exact range will depend on driving style, the larger pack is expected to give a range of more than 30km.

    The standard car will be painted in French Racing Blue with a black leather interior, but other color options will be available for both the exterior and interior. Additionally, all owners of Baby IIs will receive membership of The Little Car Club, and be able to attend events where they, their children and their grandchildren can drive their cars at famous motor racing circuits. The Baby 2 is available in the European markets for 30,000 Euros.

  • Hyundai Motor Group Develops New Centre Side Airbag

    Hyundai Motor Group Develops New Centre Side Airbag

    Hyundai Motor Group has developed a new center side airbag, which works to separate the space between driver and passenger. The Group will roll out the technology in upcoming vehicles. This new, additional airbag expands into the space between driver and passenger seats to prevent head injuries of passengers in the front row. If there is no one in the front passenger seat, the airbag will protect the driver from side collision coming from the right side. The center side airbag is installed inside the driver’s seat and will deploy once the impact is sensed.

    The new center side airbag is expected to diminish head injuries caused by passengers colliding with each other by 80 percent. The Group has applied newly patented technology to maintain reliability but reduce the weight and size of the airbag.

    Hyundai Motor Group has developed a new technology to simplify the design and reduce the weight of component produce an airbag which is about 500g lighter than the competing products. Thanks to the smaller size of the airbag, the company’s design teams will have more flexibility in the type of seat design they envision for future products.

    The additional airbag expands into the space between driver and passenger seats to prevent head injuries

    Upcoming Euro NCAP is expected to include side-impact into its consideration beginning year 2020 and Hyundai Motor Group’s airbag will certainly help in addressing this.

  • MG eZS Teased Ahead Of India Launch

    MG eZS Teased Ahead Of India Launch

    MG Motor India had already said that it will launch its all-electric SUV the eZS in India in 2019 and now the company has teased the car on its social media page. The MG eZS will be one of the first-ever fully electric SUVs in India when it is launched. The eZS will be MG’s second launch in India after the upcoming MG Hector. The company further said that its electric vehicles will get over-the-air (OTA) technology and would go over 300 km in a single charge from its lithium-ion battery. MG is yet to announce the exact specifications for the eZS.

    By the end of 2019, MG Will have a total of 120 sales and service outlets across India and the company said it will also reach out to Indian target audience and educate them about electric vehicles and look to address issues such as range anxiety and charging infrastructure. Like the MG Hector, the eZS will also feature MG’s iSmart Next-Gen connected technology.

    The company, in fact, has already launched the electric SUV in the UK and it’s priced at around ₹ 18.36-20.07 lakh and will lock horns against the recently launched Hyundai Kona Electric. The company has already said that it is looking at December 2019 to launch the car in India.

    MG Motor India and Fortum India have joined hands to creating DC Fast Charging infrastructure (50 KW) in the country. The carmaker’s tie-up with Fortum will see the installation of the country’s first 50 KW DC fast-charging EV stations. Under the partnership, Fortum will install 50 KW CCS/CHAdeMO DC fast Public Charging Stations for Electric Vehicles across MG’s showrooms in 5 cities including Delhi NCR, Hyderabad, Mumbai, Bengaluru and Ahmedabad by September this year.

    The MG ZS EV for the UK is powered by a single electric motor that produces 141 bhp and 353 Nm of peak torque. The motor is powered by a 44.5kWh lithium-ion battery pack that can be charged up to 80 per cent in 43 minutes when plugged into a 50 kW fast charger. When charged with a domestic 7 kW wall box, the charging time extends to six and a half hours. MG promises a range of 262 km on a single charge on the ZS EV with the lithium-ion battery getting a seven-year warranty.

    The all-electric model will be locally assembled at the automaker’s Halol facility in Gujarat and prices will be competitive given that the GST rates for electric cars are now just 5 per cent.

  • BMW Engine Development Expert Duesmann Set To Become Audi Chief In April

    BMW Engine Development Expert Duesmann Set To Become Audi Chief In April

    BMW’s engine development and purchasing expert, Markus Duesmann, is set to become the CEO of Volkswagen’s Audi premium brand, after BMW dropped its opposition to his early departure, a German newspaper reported on Saturday.

    The Frankfurter Allgemeine Zeitung cited a person with knowledge of the appointment as saying Duesmann will start as Audi chief on April 1.

    It said BMW’s board would discuss Duesmann’s planned departure to Audi in the near future.

    Wolfsburg-based VW is on the lookout for clean-engine expertise as it struggles to overcome an emissions scandal that originated in Audi’s engine development department.

    Audi’s current CEO and VW board member Rupert Stadler was forced to step down temporarily after his arrest in June as part of an ongoing emissions investigation. VW is seeking to replenish its senior leadership while Stadler remains in custody.

    VW had said in July that Duesmann will take up his new position as soon as he is able to do so. He will be the second high-profile defection from rival German carmaker BMW after the poaching of Herbert Diess in July 2015.Duesmann’s BMW contract runs until Sept. 30, 2019, and it would also have a non-compete clause that BMW board members are required to sign.

    BMW had said that Duesmann had informed its chairman that he would not make himself available for an extension of his contract because of personal reasons.