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News watch June 2010: today's auto industry news
Wed, 30 Jun 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 June 2010• Tesla shares have rocketed 40% on their first day of trading; the company went public this week with the first IPO of an American car company since Ford in the 1950s (BBC News)• GM may sell off its interests in finance arm GMAC and parts supplier Delphi as it seeks to write down its debts (Financial Times)• A Federal judge has approved the $20m sale of a former GM plant in Wilmington to Fisker Automotive; Fisker hopes to build 100,000 cars a year once production hits a peak after launch in 2012. It is using a $529m government loan to fund its launch (Detroit News)Tuesday 29 June 2010• UK business secretary Vince Cable has warned that the car industry is no longer in an emergency – and cannot expect direct government support.
Mercedes E300 BlueTEC (2011/2012) revealed
Thu, 04 Mar 2010The Mercedes E300 BlueTEC - 70mpg and on sale late 2011 Just like every other car maker, Mercedes is trying to push ever more fuel efficient and low emitting cars to the market. The range of BlueEfficiency C Class and E Class are a good example, which should be a huge success. And they no doubt will be if Mercedes can solve the problems of the high-tech injectors giving up the ghost after a month or two.
New Land Rover Freelander will actually be a Discovery
Wed, 22 May 2013It seems – as we expected – that Land Rover are looking to make more sense of their range of off-roaders as new models are launched, and are going to concentrate on three core brands – Range Rover, Discovery and Defender – instead of the current mish-mash where many models really overlap with others (the top end Discoverys are really a cheaper Range Rover). So the next Freelander will become an entry-level Discovery with underpinnings borrowed from the Evoque (which is itself based on the current Freelander platform, a development of the Ford Galaxy’s platform), and arrive in both 5-seat and 7-seat guise, with the new Discovery ’5′ getting a platform based on the new Range Rover and perhaps spawning two models. The new Discovery range will be targeted as a ‘Lifestyle’ core range for Land Rover (much as the original Disco was) and the Range Rover range will be both sporty and luxurious, with a 7-seat Grand Evoque XL joining the current Evoque, Range Rover Sport and Range Rover.