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Fiat's Montezemolo plans to quit as chairman, sources say
Tue, 20 Apr 2010Fiat S.p.A. Chairman Luca Cordero di Montezemolo will quit as company chairman to go into politics, three sources close to the company said. Montezemolo is set to stay on Fiat group's board, as well as remain chairman of the company's Ferrari sports car subsidiary.
918 a match for Ferrari and McLaren in corners, says Porsche
Tue, 14 May 2013Had you forgotten about the third contender in the hybrid supercar wars, given the furious competition betwen Ferrari and McLaren? Porsche’s hybrid 918 Spyder is that third competitor, which mates a 4.6-litre normally aspirated V8 to an 84bhp front-drive electric motor and a 127bhp EV motor helping drive the rear tyres. It costs £768,026, and though Porsche won’t quite admit as much, you can still buy one of the 918 being produced - unlike the sold-out LaFerrari.
Honda plans gasoline engine for the CR-Z
Tue, 07 Dec 2010Honda is set to provide the CR-Z with an all-new four-cylinder gasoline-engine option as part of plans to broaden the compact coupe's appeal in key world markets, including North America. Currently available with just one engine option—a gasoline-electric hybrid system that mates a 1.5-liter four-cylinder engine with a brushless electric motor—the CR-Z is also earmarked to receive a turbocharged 1.6-liter four-cylinder engine currently undergoing development in Japan. The new unit, which is also planned for the Jazz, the Civic and the Accord, forms an integral part of an engine downsizing program instigated at Honda.