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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.
Porsche Cayenne S hybrid: More techs and specs released
Fri, 20 Feb 2009Porsche is serving up a few more details on the Cayenne S hybrid, which is expected to arrive in 2010. It should be green--and mean to the tune of 385 hp and 545 lb-ft of torque. And carbon-dioxide emissions are expected to be reduced by 20 percent over a comparable combustion engine.
2014 Land Rover LR4 goes supercharged V6, stop/start tech
Tue, 03 Sep 2013Land Rover revealed the details of the 2014 Discovery on Tuesday. In the States we know the big SUV as the Land Rover LR4. A supercharged 3.0-liter V6 will replace the 5.0-liter V8 and an eight-speed ZF automatic transmission will replace the old six-speed.