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Toyoda says company is ‘grasping for salvation', fears big sales loss
Fri, 02 Oct 2009Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.
BMW X3 gets a turbo four-cylinder
Thu, 16 Feb 2012BMW is expanding the use of its N20 turbocharged four-cylinder engine by making it the base powerplant for the 2013 X3 SUV. The X3 xDrive28 will use the twin-scroll turbocharged 2.0-liter engine that produces 240 hp and 260 lb-ft of torque. Twin-scroll turbocharging means that the exhaust stream of cylinders one and four follow a separate path to the turbine wheel from cylinders two and three.
Wild thing: Audi A1 clubsport quattro unveiled
Tue, 31 May 2011Audi has created a 496-hp version of the A1 small car to celebrate the 30th anniversary of an Austrian festival for Audi, Seat, Skoda and Volkswagen fans. Called the A1 clubsport quattro, the one-off show car gains a heavy dose of rally-inspired styling that is said to preview the appearance of a hot new all-wheel-drive S1 quattro model being developed by Audi as a rival to the likes of the Renault Clio Sport. At the heart of the hatchback is a heavily modified version of Audi's turbocharged 2.5-liter, five-cylinder powerplant shoehorned transversely into the A1's compact engine bay.