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Lexus IS (2013) more details of new 3-series rival
Tue, 15 Jan 2013Lexus has pulled the cloth back on the all-new Lexus IS at the 2013 Detroit motor show, and announced more details of its new hybrid 3-series rival. This will be the first hybrid Lexus IS, and UK sales will start in summer 2013. What do we know about the new hybrid Lexus IS? The IS300h combines an electric motor with a 2.5-litre four-cylinder petrol engine. The torque output is yet to be confirmed, but there's 217bhp and Lexus is aiming for a sub-100g/km CO2 output and fuel consumption of at least 65mpg. Figures like that are likely to grab the attention of fleet managers, as Lexus hopes to close the gap on rivals like the BMW 3-series, Mercedes C-class and Audi A4. There's a non-hybrid model too, but this IS250 will be powered by a 204bhp 2.5-litre V6 petrol engine. It won't be a fleet favourite. The IS250h has a six-speed automatic transmission, the IS300h has a CVT gearbox, and both cars are rear-wheel drive.
Qoros set to unveil two concepts in Geneva
Fri, 18 Jan 2013Qoros has announced it will showcase two concepts alongside its first production car, the GQ3 compact sedan, at this year's Geneva motor show. The Cross Hybrid Concept and Estate Concept preview future Qoros designs and technologies and are both based on the same platform as the GQ3. The two also feature the same signature design cues, developed under the direction of executive director of design, Gert Hildebrand.
Fisker goes to China's Wanxiang
Mon, 17 Feb 2014China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.