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New options make Prius pricey
Mon, 02 Mar 2009High-tech features and luxury options will push the redesigned Toyota Prius into new territory--namely, $30,000-plus. The 2010 Prius hybrid will offer options found on luxury cars: systems that automatically park the car in a parallel parking space and slow the vehicle when a crash is likely. But Toyota is aware of a new competitor--the 2010 Honda Insight, a hybrid that is a little smaller and expected to be less expensive than the Prius.
Alfa Romeo 4C Spider revealed: Geneva Motor Show
Tue, 04 Mar 2014The Alfa Romeo 4C Spider (pictured) revealed in Geneva The Alfa Romeo 4C is the epitome of a modern ‘supercar’, with ultra light weight (for a production car) allowing the 4C to produce very good performance from its modest 17500cc engine. So producing an Spider convertible immediately raises the weight issue in a more dramatic way when the car’s abilities are so dependent on it low weight, but it seems the Alfa Romeo 4C Spider – previewed as a production car with a concept at Geneva today – has managed to keep the wight penalties of the convertible 4C down to a minimum. Thanks to a canvas roof and carbon fibre rollover bars, the weight penalty for the Spider is only about 60kg (around a 7 per cent gain) which shouldn’t hurt performance too much.
Nissan to slash jobs, production after forecasting $2.9 billion loss
Mon, 09 Feb 2009Reversing his profit forecast to a loss, Nissan Motor Co. CEO Carlos Ghosn entered crisis mode on Monday. Ghosn announced plans to slash 20,000 jobs, cut production by 20 percent, scale back model launches and delay new factories.