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Chrysler eight-speed gearbox to boost big sedans' fuel economy
Thu, 01 Sep 2011Chrysler Group says its new eight-speed automatic transmission will be the first offered on domestically produced automobiles and will boost fuel economy and cut emissions of the company's two full-sized, rear-drive sedans. The transmission initially will be available on 2012 Chrysler 300s and Dodge Chargers powered by Chrysler's 292-hp Pentastar V6 engine, the automaker said Thursday in a statement. The cars are being assembled and will start arriving in dealerships by Oct.
Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.
Range Rover Hybrid LWB debuts in Beijing
Wed, 23 Apr 2014The Range Rover Hybrid now comes with added length We’ve already seen the Range Rover Hybrid and the LWB Range Rover, but now we get the two together with the debut of the Range Rover Hybrid LWB at the Beijing Motor Show. Just like the normal Rangie Hybrid, the LWB version comes with a 3.0 litre diesel engine coupled to an electric motor with an extra 47bhp making a total of 345bhp. It also gets extra torque – 516lb/ft.