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North East, Pennsylvania, United States
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Citroen fits new 3.0 V6 HDI to C5 and C6
Mon, 15 Jun 2009By Tim Pollard First Official Pictures 15 June 2009 09:50 Citroen has announced its most powerful engine in a production car – the new, expanded 3.0-litre HDI turbodiesel. It's the PSA-Jaguar Land Rover developed engine, previously available as a 2.7.The new 3.0 HDI will be fitted to the C5 and C6 in late summer 2009, replacing the 2.7. It produces 237bhp, up from 205bhp in the 2.7, yet fuel economy and CO2 both improve by around 15%.What's new on Citroen's 3.0-litre V6 HDI?The V6 gets a third generation common-rail injection system, a diesel particulate filter system and an alternator that recovers energy during braking.Both C5 and C6 3.0 HDI V6 models average 38mpg and emit 195g/km of CO2.The V6 turbodiesel was jointly developed by Ford (when it owned Jaguar Land Rover) and PSA Peugeot Citroen and is built in the Blue Oval's Dagenham, UK, diesel facility.
Meet the Kia Soul EV and Niro hybrid concept
Thu, 06 Feb 2014Kia revealed three electrified cars at the Chicago Auto Show on Thursday, one concept and two that are headed for production. The Niro hybrid is Kia’s future take on a city car, while the Soul EV and new Optima hybrid will be out later this year. The Soul EV is the company’s main focus at the show, judging by our seven pages of press releases on it.
Volkswagen hits back, weighs making a bid for Porsche
Thu, 23 Apr 2009Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.