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Chrysler to build ZF's eight-speed transmission in Indiana
Wed, 09 Jun 2010The Chrysler Group plans to spend $300 million to build a new eight-speed automatic transmission licensed from ZF Group, a transmission maker headquartered in Friedrichshafen, Germany. The investment will pay for installation of special tooling and equipment at Chrysler's Transmission Plant 1 and Kokomo Casting Plant in Indiana and help retain 1,200 jobs there, Chrysler said Wednesday. Production will start in 2013.
New Smart ForTwo and ForFour set for 2014 unveil
Wed, 30 Oct 2013Mercedes-Benz's struggling Smart city car division is seeking to add a new dimension to the urban driving experience with its third-generation ForTwo, currently undergoing the final phase of a three-year test and development program ahead of a planned unveiling mid next year. Set for North American launch in 2015, the ultra-compact two-seat hatchback represents a fresh chapter in operations for Smart, which has recently gained greater independence from parent company Mercedes-Benz as its boss, Annette Winkler, attempts to stem years of financial losses after almost a decade of rebuilding following its short-lived joint venture with Mitsubishi. The new ForTwo, known internally as project C453, has been developed in a joint engineering program with the upcoming second-generation ForFour and its sister car, the third-generation Renault Twingo.
IED collaborates with McLaren to create the crossovers of 2020
Wed, 17 Nov 2010Students from the Istituto Europeo di Design, Turin have collaborated with British super car manufacturer, McLaren Automotive, to design an off-road, hybrid two-seater for 2020. The 33, third-year post-diploma Transportation Design students were briefed by McLaren Automotive design director, Frank Stephenson, to create a car capable of 'combining sports excellence, driving thrills and the McLaren performance characteristics both off- and on-road'. "McLaren Automotive's plans are wholly based on two-seat, mid-engined performance cars," explained Stephenson.