Showing posts with label Reports. Show all posts
    Showing posts with label Reports. Show all posts

    Malignant Rumors: Jaguar Considering 2,000 Units a Year of Turbine-Powered C-X75 Halo Car

    trend automotive
    As Porsche begins development on the hybrid 918 Spyder, Jaguar is reportedly taking the idea of a limited-run production version of its Paris Motor Show C-X75 concept into consideration. Autoweek reports that the British luxury marque is discussing the possibility of building up to 2,000 units annually of its XJ220 successor. If you're thinking about getting the checkbook out anytime soon, though, hold it right there.

    trend automotiveFirst, due to production methods and costs, a firm number has to be decided on in regards to the C-X75's volume. Then, over the next five to seven years, Jaguar will try to prove its futuristic micro gas turbines - which are actually cheaper to develop than an internal combustion engine - are feasible for a consumer vehicle.

    Tony Harper, head of advanced powertrain development for Jaguar, says, "We're talking two to three years for implementation of the gas-turbine technology, then another three to four years to integrate into a vehicle."

    Should this timeline be believed and the bookkeepers give Jag a green light, we could begin seeing mules of the futuristic turbine-powered supercar as early as 2012 or 2013. Don't worry; by 2017 the Matt Beaven-penned C-X75 should still be looking fresh.

    By Phil Alex

    Source: Autoweek


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    Fiat Panda and Lancia Ypsilon Replacements Pushed Back for 2012

    trend automotive
    Following CEO Sergio Marchionne's comments at the 2010 Paris Motor Show (see here), Autonews Europe has uncovered new information regarding the Fiat Group's future product launches.

    One of Fiat's most important models in Europe, the third generation Panda, was originally due in summer 2010 but its launch had already been pushed back to September 2011. Now, sources inside the company told the news site that the introduction of the small five-door hatchback will be further delayed until January 2012.

    trend automotiveThe third generation Lancia Ypsilon supermini has also been delayed more than two years, as have the replacements for the Fiat Idea / Lancia Musa small MPV twins and the Fiat Multipla 3+3 seater people carrier, which has been in production since 1998. The latter two launches were scheduled for December 2011 but have now been postponed until the second half of 2012.

    Fiat CEO Sergio Marchionne froze his company's spending in 2008 as the financial crisis hit Europe. Spending was set to return to normal this year, but has now been postponed indefinitely in light of what Marchionne perceives as an unimproved European new car market.

    He now predicts a weaker Q1 2011 than Q1 2010, due to the ending of scrappage schemes in many European countries. The rest of 2011 is expected to be no better sale wise for Fiat, Marchionne predicts.

    Analysts are predicting that Fiat's new car sales are likely to continue to decline without any new products; sales in Europe fell 13.9% to 723,356 vehicles in the first eight months of 2011 in a market that declined only 3.5%, according to the European Automobile Manufacturers' Association (ACEA).

    Stuart Pearson, an auto analyst at Morgan Stanley in London, says: "Fiat is playing a dangerous game and by delaying key models risks missing any European Union recovery if they are wrong on the timing. Customers are only paying for brand new metal."

    The report did not mention any plans on future Alfa Romeo cars.

    By Tristan Hankins

    Source: ANE [sub.req]


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    Cadillac Recalling 2010MY SRX Crossover to Fix Power Steering Line

    trend automotive
    General Motors said on Thursday it is issuing a voluntary safety recall of 3,996 Cadillac SRX crossovers from the 2010 model year due to a possible damage to the power steering line. According to the company, if the line is damaged, power steering fluid could leak and make its way onto hot engine parts resulting in a fire. GM said it is aware of one such fire in an unattended SRX related to this condition.

    "Based on GM analysis, the issue is believed to exist in only two or three of the recalled vehicles," the company said in a statement.

    The affected vehicles were built in December 2009, with 3,460 of those sold in the United States, while 341 were exported to China.

    The Detroit automaker said it will notify owners of the recalled SRX models and schedule an appointment for inspection with any necessary repairs to be performed free of charge.


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