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Two new Hyundai transmissions boost mpg

Hyundai will introduce dual-clutch and continuously variable transmissions to models for the United States as early as next year as it seeks to become a leader in fuel efficiency, a top executive says. This will be the first application of a dual-clutch transmission for Hyundai. The transmission--which uses two clutches to shift a manual gearbox as if it were an automatic--is more efficient than either a traditional manual or automatic gearbox.

Sergio Marchionne wants to build Mazda in Fiat & Chrysler plants

Fiat boss Sergio Marchionne wants to build Mazda cars in Fiat and Chrysler plants around the world. When Alfa Romeo and Mazda revealed last week that they would be developing a new small roadster together – well, Alfa Romeo would take the next generation MX-5 and sculpt on a new body to make a new Alfa Spider – we suggested Mazda would be better of getting Fiat to build their cars. It seems Fiat boss Sergio Marchionne thinks the same.

Ford to sell Aston Martin

By Georg Kacher Motor Industry 31 August 2006 02:39 The world’s two biggest luxury goods firms – including the conglomerate behind brands like Moet and Louis Vuitton – are locked in a battle to buy Aston Martin from cash-starved Ford. Ford announced today that the British sports car manufacturer would be sold and CAR has learned that Swiss-based Richemont and the French holding company LVMH have emerged as most likely to take on Aston despite having no previous experience in the car industry. Ford desperately needs to tap into the potential $700m-$1bn the sale of Aston could generate and hopes to finalise a deal by the end of the year.