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IDEA Institute acquired by Quantum Kapital
Tue, 22 Jun 2010Turin-based automotive design, modeling and engineering firm IDEA (Institute of Development in Automotive Engineering) has been sold to Quantum Kapital AG, an investment company with an industrial emphasis based in St. Gall, Switzerland. The transaction is expected to be completed in the next few weeks.
Redesigned 2013 Lexus LS offers new sheetmetal, safety features
Tue, 31 Jul 2012Lexus Division unveiled its new LS 460 flagship luxury sedan that arrives in dealerships this fall, with standard and long-wheelbase editions, a hybrid version and a new F-Sport trim level with improved handling dynamics. Despite its sheet metal changes, the car is actually little changed underneath. Its 4.6-liter V8 engine and eight-speed transmission are basically carryover, at a time when luxury brands are using powertrain technology as a differentiating ploy.
No sign of global auto meltdown at Tokyo Auto Salon
Mon, 19 Jan 2009With more than 600 cars on display and a record number of exhibitors, nothing at the 2009 Tokyo Auto Salon tuner show hinted at the global economic downturn. As always, there was a great mix of styles, from hard-core, 1,000-hp, supertuned machinery to weird customized scooter tricycles. Auto manufacturers tried hard to capture the minds--if not the wallets--of the younger-than-30 crowd with customized versions of production cars, while tuners were busy persuading power junkies to choose them for their next engine modification.