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Volvos to get twin-clutch gearbox
Wed, 14 May 2008By Ben Pulman Motor Industry 14 May 2008 13:33 Volvo’s C30, S40 and V50 are now available with a new six-speed twin-clutch ‘box – dubbed Powershift – mated to the company’s 134bhp 2.0-litre diesel. The new twin-clutch gearbox has been developed with Getrag (and Volvo's parent company Ford), and is basically the same unit recently announced in the Focus and C-Max. Volvo claims the new gearbox offers an 8 percent improvement in fuel consumption over a conventional six-speed automatic.
Jaguar Land Rover made £1 billion last year
Thu, 26 May 2011The 2012 Jaguar XF & 2012 Range Rover Evoque - JLR's latest models Who’d have believed it just a year or two ago? Jaguar Land Rover has reported a turnover for the year to the end of March 2011 of £9.9 billion and has made a profit (after tax) of £1.04 billion – almost £3 million a day. From proffering the begging bowl in the direction of a short-sighted Labour government in 2009 – and getting nothing without untenable conditions attached - and making plans to close one of its three UK plants, JLR’s renaissance has been astonishing.
Obama sought Ghosn to run GM, ex-car czar says
Fri, 03 Sep 2010The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.