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A source revealed that the next-generation Lotus Esprit supercar could be powered by the 552hp Lexus LFA V10. Complete details will be announced during the 2010 Paris Auto Show next month. The Esprit in its ultimate form will be showcased; however, the more mainstream version would be available with a V8, which is believed to [...]
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EU plans for a higher tax on fiberglass imports from China Expected to pass into law this September is a proposal by the European Commission, the European Union‘s executive arm, to impose an extra 43.6% tariff starting Sept. 16 on fiberglass imports… Read more
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2011 Honda Jazz Hybrid: first details, specs and photos released By Andrew C., 29 Aug, 2010. 0 Comments Prior to the 2010 Paris Motor Show, which will open its doors in October, Honda revealed today the 2011 Jazz Hybrid. As expected, the new Jazz Hybrid shares many of its components with… Read more
David LaChapelle’s mentoring project now supported by Maybach Foundation
Photographer Garret Suhrie will be set to embark on an international career after he participates in a mentoring project with star photographer David LaChapelle. German luxury car brand Maybach is supporting this project. The first task on hand is a reinterpretation of the “Exposure of Luxury.” Maybach’s relationship with the US star photographer started [...]
VW tapped Klaus-Gerhard Wolpert as its new chief product strategist
Starting Oct. 1, Klaus-Gerhard Wolpert will be Volkswagen AG’s new chief product strategist. Wolpert is the latest Porsche AG executive to move to controlling shareholder VW Group. Wolpert had led the development of the Cayenne premium SUV, Porsche’s top-selling car. Wolpert replaces Matthias Mueller, who is set to succeed Michael Macht as Porsche CEO. [...]
Indian auto components sector is seen growing five times to $110 billion
An industry expert said that in the next decade, the Indian auto components sector will grow five times to $110 billion in the next decade with investments of over $35 billion. In a statement, this expert said that of this target, about $80 billion will come from India while the remaining amount comes from [...]
Jack Pitney, head of marketing for BMW of North America, killed in a tragic accident
It’s a sad day for BMW as it received news of the passing away of its head of marketing for BMW of North America, Jack Pitney. While on a vacation on his farm, 47-year-old Pitney got into an accident and was killed. In only a few days from now, Pitney was supposed to take [...]
Ford recalling 575,000 Windstar minivans in the U.S. and Canada
Ford announced today that it is recalling 575,000 Windstar minivans in the U.S. and Canada due to the fact that the rear axles of the vehicles may corrode and break. The affected modes are 1998 to 2003 model-year Windstars in the areas where road salt is used in cold weather, according to Highway Traffic Safety [...]
Bosch to expand Chinese plant
Robert Bosch GmbH’s expansion of its existing plant and the construction of a new technical center in an economic development zone in the central China city of Changsha will be completed in mid-2012. Bosch’s investment for this project amounts to 240 million yuan ($354 million). According to the deal with the zone administration, Bosch will [...]