Official: Volkswagen previews 220-hp Polo WRC Street special ahead of Wörthersee debut

Volkswagen Polo WRC Street - static, front three-quarter view

The annual GTI festival at Lake Wörthersee in Austria has exploded over the years into a celebration of all things hot-hatch in the Volkswagen Group – including concept cars and new debuts from Audi, Seat and Skoda – but the event has always been about VWs at heart. And the brand central to the empire isn’t about to sit it out.

At the heart of VW’s motorcade for this year’s pocket-rocket fest is the Polo WRC Street, a preview of a special edition modeled on the actual rally car which Volkswagen Motorsport will be fielding in the top-level rally series next year. The street version features a 220-horsepower 2.0-liter TSI four-cylinder – significantly more than the existing 180-hp Polo GTI and a whole lot of muscle for such a little car – with an aggressive aero package and of course the requisite decals. In other words, it is, for all intents and purposes, a Polo R with some stripes.

VW will also be showcasing the competition-spec Polo R-WRC. And Wörthersee being centered around the Golf GTI, is also bringing the GTI Cabriolet that debuted in concept form at the same location last year and in production form at the Geneva Motor Show just a couple of months ago, plus a pair of black and white GTI concepts. Keep reading for the full press release and scope out the trio of images previewing the Polo WRC Street for a closer look at what Wolfsburg is driving eastwards.

Continue reading Volkswagen previews 220-hp Polo WRC Street special ahead of Wörthersee debut

Volkswagen previews 220-hp Polo WRC Street special ahead of Wörthersee debut

    



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    Video: Bugatti Veyron, Lexus LFA, McLaren MP4-12C and Lambo Aventador in 1/4-mile shootout… who wins?

    Jason Camissa with supercars

    Automobile Magazine scribe Jason Cammisa was sent into the desert to referee four carbon-fiber-bodied wild animals fighting it out over the quarter mile: the V8 McLaren MP4-12C, the V10 Lexus LFA, the V12 Lamborghini Aventador and the W16 Bugatti Veyron Grand Sport. It’s a tough job, innit?

    The Head 2 Head race was run elimination style, with the winner of each two-up challenge facing the next devil up the totem pole. Although you might not have any doubts about the eventual victor, how each of these supercars fared is good watching. See all the screaming for yourself in the video below.

    Continue reading Bugatti Veyron, Lexus LFA, McLaren MP4-12C and Lambo Aventador in 1/4-mile shootout… who wins?

    Bugatti Veyron, Lexus LFA, McLaren MP4-12C and Lambo Aventador in 1/4-mile shootout… who wins?

        



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      Auctions: Elegant classic Ferrari and Talbot-Lago to headline at Pebble Beach

      1955 Ferrari 410 Sport Berlinetta and 1938 Talbot-Lago Teardrop Coupe

      RM Auctions only just finished pulling in record numbers at its event in Monaco, but it’s already gearing up for the next event set to take place during Pebble Beach weekend in Monterey, California.

      Headlining the Canadian specialist auctioneer’s catalog for the August event are the rare 1955 Ferrari 410 Sport Berlinetta and the timelessly elegant 1938 Talbot-Lago Teardrop Coupe pictured together above.

      Considered by some to be one of the world’s most desirable Ferrari classic road car, this particular 410 Sport Berlinetta is the second of just four built and the only fixed-roof coupe. Chassis 0594 CM features bodywork by Scaglietti in ivory with blue leather. It will be making its first appearance both in North America and at auction, having only traded hands a few times between private European collectors until now.

      The Talbot, meanwhile, is one of only five of its kind built (of four remaining) and the only such coupe built upon a four-seat chassis. The winner of several concours, this particular example of French art deco in motion is expected to fetch $2.5 to $3.2 million. Scroll down for the full press release and peruse the high-resolution images of the two cars together in Monaco for a sneak preview.

      Continue reading Elegant classic Ferrari and Talbot-Lago to headline at Pebble Beach

      Elegant classic Ferrari and Talbot-Lago to headline at Pebble Beach

          



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        Report: Magna Touchskin technology takes a swipe at switchgear in cars [w/video]

        Magna Touchskin

        The Touchskin interface has beeen on display since last October; now it’s at a stage where Magna is shopping it to automakers. Although Magna is the marquee name, the various components that comprise Touchskin are produced by nine companies: Plastic Electronics, Engel Mould Technologies, Schöfer, Magna Exteriors and Interiors, Hueck, Niebling, Votteler, Hennecke Polyurethane and formquadrat.

        It is exactly what it sounds like: instead of buttons and knobs populating the center tunnel space around the gearshift, there is a a perfectly smooth Clearmelt panel whose glossy surface heals itself of scratches and nicks. On either side of the shifter in the concept is the IDMP area, where your mobile phone rests. Without needing to be docked, the phone can connect with the car through Qi transmitters (common to phones as of this year) and be charged. The IDMP area and near-field Qi system is one of Magna’s contributions and the company says it can’t be hacked like Bluetooth or Internet protocols.

        To the rear of the concept panel is the haptic interface, a protuberance that responds to numerous fingertip gestures to provide control of the car’s various systems. It is made possible by the Touchskin film, produced in reel-to-reel fashion at a rate of 80 meters per minute, that can be molded to any shape and is wedded to the Clearmelt with copper foil.

        There’s a video just below to take you through the production process and how Touchskin works. It’s unlikely the entire panel would make it into a new car, but we can certainly see it creeping, piece by glossy piece, into our Minority Report futures.

        Continue reading Magna Touchskin technology takes a swipe at switchgear in cars [w/video]

        Magna Touchskin technology takes a swipe at switchgear in cars [w/video]

            



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          Official: Gazoo Racing drums up twincharged 320-horsepower Toyota GT86

          Gazoo GT86

          As if turbos weren’t enough.

          Gazoo Racing (full name: Gazoo Racing Masters of Nürburgring) has unveiled a concept racing version of the famed Toyota GT86 that features both a turbocharger and a supercharger to offer up 320 horsepower and 310 pound-feet of torque.

          The car, officially called the Sport FR Concept, oozes high performance out of its fenders and includes Gazoo brakes, spoilers and suspension tuning, according to FT86Club.com. However, few specifics were available.

          Toyota teamed up with Gazoo earlier this year to help jump start it’s small-displacement engines. Earlier this year, Toyota gave the green light to the iQ Supercharger. Gazoo was expected to build about 100 of those cars.

          Gazoo Racing drums up twincharged 320-horsepower Toyota GT86

              



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            Official: Lola files for bankruptcy

            Lola

            Lola may not be a name recognized by the average consumer, but racing fans will know it well. The British concern has built and continues to build race cars that have spanned an enormous variety of series and disciplines since its founding in 1958, including (but not limited to) Formula One, Le Mans, CART and just about every formula feeder series you could think of, including Formula Two, Formula 3, Formula 3000, Formula 5000 and A1GP. Now, unfortunately, the company is filing for bankruptcy protection.

            The reasons are pretty simple: too many expenses and not enough revenue, although tax credits it was due from the British government are also said to be partially to blame. As a result, the outfit responsible for – among numerous other accolades – five LMP2 titles at Le Mans since 2000 alone is entering financial administration as it seeks new investors.

            Along with it, Lola Cars is taking Lola Composites, however the effect this might have on its concerns in defense and aerospace (among other areas) remains to be seen. As is the future of the SP/300.R track car which Lola builds for Caterham, or the countless racing teams that continue to count on Lola to build and support their sports prototypes. But with so many racing programs at stake, we can hardly imagine the company’s considerable capabilities and expertise will go unclaimed for long. Scroll down for the official announcement.

            Continue reading Lola files for bankruptcy

            Lola files for bankruptcy

                



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              Official: Toyota GT 86, Lexus LFA racers ready for Nürburgring 24 Hours

              Toyota and Lexus at the Nurburgring 24 Hours

              Toyota and Lexus are gearing up for this year’s Nüburgring 24 Hours. The two companies plan to take to the track with a total of five entries, including four Toyota GT 86 race cars and one Lexus LFA. Prepped by factory tuner Gazoo Racing, the LFA will compete in the SP8 class while two of the GT 86 models will go fender-to-fender in the SP3 class. Those will be joined by two more GT 86 racers built by Toyota Motorsport and competing under the Toyota Swiss Racing Team banner in the V3 class for production vehicles.

              Gazoo Racing has already had a little fun at the Nüburgring this year. While competing at two shorter events at the legendary track, the LFA took home two wins. This year’s 24-hour endurance race kicks off this weekend, May 17-20. The even will be streamed online here and here. Scroll down for the quick press release.

              Continue reading Toyota GT 86, Lexus LFA racers ready for Nürburgring 24 Hours

              Toyota GT 86, Lexus LFA racers ready for Nürburgring 24 Hours

                  



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                Video: Saab victorious in inaugural Swedish Touring Car race

                Linus Ohlsson's Saab 9-3 Touring Car in motion

                The sequel to Frankenstein is being written in Swedish, by Saab. The ostensibly former car company could teach the good doctor about life after death, having earned itself more good news by winning the inaugural race of the Swedish Touring Car series. Team Tidö’s black 9-3 racer was on pole and carried that lead all the way to the checkered flag. Driving it was Linus Ohlsson, whose past triumphs include taking third in the 2011 Porsche Carrera Cup Scandinavia series.

                Just to be clear, all the cars in the series are silhouette racers, with Saab, Volvo, BMW and Citroën bodies placed over a spec chassis. Still, it was the body with the Griffin badge that beat the rest, and we all know Saab’s faithful could use something to cheer about these days. Scroll down for a video recap of the race; it’s in Swedish, so hit the CC button for English subtitles if you need ‘em.

                Continue reading Saab victorious in inaugural Swedish Touring Car race

                Saab victorious in inaugural Swedish Touring Car race

                    



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                  Report: Lamborghini eyes low weight, Audi-sourced twin-turbo V8 for production Urus

                  Lamborghini Urus Concept

                  Long before Lamborghini unveiled the Urus concept for its new SUV at the Beijing Motor Show last month, we got two chances to preview the show truck: once at the factory in Italy and once at a private preview in New York. The Italian automaker’s development chief Maurizio Reggiani wasn’t prepared to talk about powertrain options at the time, but in speaking with Automotive News, he’s now given us a hint of what to expect should the Volkswagen Group board give the project the green light.

                  As expected, the Urus would have to be based on the same platform that is slated to underpin the next Volkswagen Touareg, Audi Q7, Porsche Cayenne and Bentley EXP 9 F (if similarly approved) in order to make good business sense. Unfortunately, that new PL73 architecture is made principally of steel, a material that Lamborghini has been getting away from in favor of new types of carbon fiber construction. In order to keep weight down – Lambo is targeting 4,400 lbs for the Urus, significantly less than its potential competitors – it would need to make other components out of carbon to compensate.

                  That covers the mass side of the power-to-weight ratio that is integral to any performance vehicle. As for the power, Reggiani says the company has yet to make a final decision. The last time Lamborghini made an SUV – the legendary LM002 “Rambo Lambo” – it was powered by the same high-revving V12 as the Countach, lending to speculation that the Urus could incorporate the new V12 from the Aventador or the V10 from the Gallardo. Reggiani, however, indicates that the new twin-turbo V8 powering the latest Audi RS models and the Bentley Continental is a more likely choice, given that it would help keep weight down and provide more low-end torque than the naturally-aspired 10 or 12-pots the Raging Bull marque currently produces for its sports cars.

                  Lamborghini eyes low weight, Audi-sourced twin-turbo V8 for production Urus

                      



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                    Official: Maserati upgrades GranTurismo racer for 2012 Trofeo MC World Series

                    2012 Maserati GranTurismo MC Trofeo

                    Spec racing series are emerging as an indispensable way for exotic automakers to show what their vehicles can do without the constraints of road regulations, and for their top customers to race wheel-to-wheel on some of the most famous racing circuits in the world behind the wheel of top machinery. Ferrari has the Challenge series, Lamborghini the Blancpain Super Trofeo, Porsche operates several iterations of the Carrera Cup around the world, and Maserati has the Trofeo World Series.

                    Now entering its third year, the Trofeo is campaigned by a field of specially prepared versions of the GranTurismo coupe, which has been upgraded with several improvements for the season ahead. Maserati Corse has both optimized the aerodynamic setup and trimmed the car’s weight, resulting in an average lap time that proved two and a half seconds faster around the Vallelunga circuit outside Rome over last year’s car during winter testing.

                    Whereas previous series have been held almost exclusively in Europe or in the Middle East, this year’s Trofeo World Series adds rounds at Infineon Raceway in Sonoma, California, and the Shanghai International Circuit that hosts the Chinese Grand Prix after the returning races at Jarama, Spain (next weekend), Portimao, Portugal (in early June), Imola, Italy (late June), and Paul Ricard, France (in July).

                    Maserati Corse provides the full motorsport experience to gentlemen racers for €110,000 ($140K) for the full season or €70,000 ($90K) for just the European races, including use of the car. Teams owning and fielding their own cars pay €35,000 ($45K) or €25,000 ($32K), respectively. Scroll down for the full press release and check out the latest machinery in the high-res image gallery above.

                    Continue reading Maserati upgrades GranTurismo racer for 2012 Trofeo MC World Series

                    Maserati upgrades GranTurismo racer for 2012 Trofeo MC World Series

                        



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                      Report: Ford finally takes serious aim at the Chinese market

                      Ford China

                      When we asked Volkswagen last year why it was building a factory in the U.S., after having missed the irrationally volcanic era of car sales, we were told that even a 12-million-per-annum market was still too big to ignore. A report in Reuters paints Ford’s situation in China somewhat the same way: Ford is only now attacking the Chinese market, building plants and increasing local capacity there, after numerous other players have established their positions.

                      Nevertheless, there’s still much to play for. Whereas our market is expected to hang around in the 12- to 15-million-unit range, China’s market is predicted to hit 30 million cars per year by 2020. Said one analyst, “People are saying the Asia Pacific auto industry by 2020 is half the world’s industry.” A little piece of China’s colossal market will, anywhere else, still be considered a pretty big piece of pie.

                      After years of false starts and missteps in The Middle Kingdom, Ford sells six cars in China now, but they weren’t developed for the Chinese market and haven’t taken off with buyers there. Over the next three years Ford intends to introduce 15 more cars, many of them SUVs, and 20 engines to the Chinese market that can make better impressions on the locals.

                      That won’t put it anywhere close to market leaders General Motors – which already sells 35 cars there and is lining up 60 more models, and has the preeminient Buick brand – or Volkswagen. But even the 3.1 percent share that one analyst predicted was in Ford’s reach by 2020, up from 2.8 percent now, will be enough to turn Ford’s currently desultory Chinese-market profits into something like a $700-million spigot once its production and offerings are stabilized.

                      Ford is investing $600 million and $760 million in two projects with its JV partner Changan Ford Mazda Automobile to expand capacity to 1.5 million autos per year. At the moment, The Blue Oval has no plans to take Lincoln across the Pacific.

                      Ford finally takes serious aim at the Chinese market

                          



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                        Report: Chinese automakers hope to boost exports

                        Great Wall Phenom

                        We’ve heard for years that Chinese automakers hoped one day to export their wares to the United States. Ironically, the global economic slowdown could be what gives the Chinese incentive to finally make it happen.

                        Chinese automakers ramped up production capacity to meet surging demand at home only to see the local economic conditions slow from 30 percent growth in 2010 to just 2.5 percent in 2011. On top of that, the Chinese auto marketplace has now become crowded with foreign and domestic competitors.

                        “The rapid growth phase of China’s auto market is coming to an end, and we see exports as one possible outlet for all the capacity we have built up,” Xing Wenlin, Great Wall Motor vice president in charge of overseas markets, tells Reuters. Great Wall’s Phenom concept (pictured above) was shown a few years ago as a possible export model.

                        While most Chinese-made cars aren’t up to American quality expectations, developing automotive markets like Egypt, Ukraine, Brazil and Indonesia are clamoring for cheap, reliable transportation. Chinese automaker Chery said earlier this year it would be selling cars in Europe by 2015.

                        Geely’s purchase of Volvo in 2010 has boosted the Chinese company’s automotive technology expertise and could help it achieve its goal of doubling exports to 70,000 units this year. While the U.S. is still out of reach for most Chinese automakers, Geely may begin selling a Chinese-made car in the UK by the end of this year. If successful there, a logical next market would be North America.

                        Chinese automakers hope to boost exports

                            



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                          Official: Aston Martin opens new Works shop at old Newport Pagnell site

                          Aston Martin Works at Newport Pagnell

                          It’s been five years since Aston Martin shifted production to its new facility in Gaydon, Warwickshire, but after years of operating at Newport Pagnell, it could never shake the legacy of its historic home. So while the current model line is produced an hour away (probably less if you’re actually driving an Aston), the company has inaugurated a new facility at its spiritual home.

                          Actually, truth be told, the old factory at Newport Pagnell was kept as-is under historic preservation laws, so the new facility is actually situated across the street. Its showpiece is a 10-car showroom that will serve as Aston Martin’s flagship dealership. If you’re thinking that Aston doesn’t offer ten different models, well… it actually offers nine, between the DBS, DB9, Virage, V8 Vantage, V12 Vantage, V12 Zagato, Rapide, Cygnet and the One-77 (although we hear they’ve sold out of the latter). And even more if you take the V8 Vantage S variant and five convertible versions into account. But the showroom will also be displaying a variety of hand-picked and pristine classic Astons for sale, too.

                          That’s because the space is attached to Aston Martin Works, which has spruced up its operations as well. The division is charged with restoring and servicing Astons old and new with its staff of over 60 employees, handling some 2,500 cars every year for everything from an oil change to a full restoration. It also handles the company’s own fleet of historic vehicles and the catalog of new Q by Aston Martin accessories. Scroll down for the full press release and a breakdown of Aston Martin Works’ activities.

                          Continue reading Aston Martin opens new Works shop at old Newport Pagnell site

                          Aston Martin opens new Works shop at old Newport Pagnell site

                              



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                            Motorsports: Patrick Dempsey makes ALMS debut at Laguna Seca

                            Dempsey Racing Lola B12/87

                            Actor Patrick Dempsey is no stranger to racing. After his wife sent him to a three-day Skip Barber driving school, the actor fell in love with road racing has gone on to compete in Grand-Am for the last several years. McDreamy even got the chance to race at the 24 Hours of Le Mans in 2009, finishing in 9th in the GT2 class behind the wheel of a Ferrari F430 GT.

                            After getting a taste of Le Mans, Dempsey now has aspirations to return to the legendary endurance race, but this time with his own team and his own car. At the 12 Hours of Sebring earlier this year, Dempsey Racing announced that they would be fielding a car in the P2 class for part of the 2012 ALMS season with the eventual goal of competing at the 2013 24 Hours of Le Mans.

                            Dempsey and his team took the first steps towards their Le Mans goal this past weekend by debuting their new V8-powered Lola B12/87 race car in the P2 class at the six-hour ALMS race at Mazda Raceway Laguna Seca. This was Dempsey’s first time driving a modern prototype race car, and he admitted there would be a steep learning curve.

                            “It feels familiar but so much more intense – the braking, the acceleration, cornering and power, it is all on a much more dynamic level than the GT cars I have driven,” Dempsey said after a practice session with the car. “It’s an amazing machine and it is incredible to even have the opportunity to race in a car like this at this level, and what better track to start with than Mazda Raceway Laguna Seca.”

                            Dempsey and his team eventually finished 30th overall and fourth in class – not bad for a brand new team with a rookie driver. They plan to compete in several more races this year and will be running the full ALMS season in 2013.

                            You can see photos of the Dempsey Racing Lola B12/87 at Mazda Raceway Laguna Seca in the gallery above.

                            Patrick Dempsey makes ALMS debut at Laguna Seca

                                



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                              Official: McLaren celebrates 40th anniversary of Indy win

                              McLaren's first win at Indy

                              When McLaren was bringing its new MP4-12C to the United States, there were fears that Americans wouldn’t recognize the name. After all, the team from Woking is known principally for competing in Formula One, which has had a spotty presence in the U.S. at best. Those fears proved to be misplaced, as customers in the States have been snatching up all the McLaren supercars they can get their hands on. And part of that might come down to the days when McLaren didn’t only race in America, it dominated.

                              The bulk of McLaren’s victories on this side of the Atlantic were notched up in the Canadian-American Challenge Cup, a radical form of sports-prototype racing campaigned in the 1960s, 70s and 80s, which Bruce and company won five times in a row. But Can-Am wasn’t the extent of McLaren’s success in America.

                              In 1970, the team entered into the Indianapolis 500 with its own car design. The following year, McLaren came back with a radically different design that scored pole position and finished the race in second place. And the year after that, the legendary Mark Donohue piloted his McLaren M16B fielded by the Sonoco-Penske team – complete with its Offenhauser four-cylinder turbo engine producing upwards of 700 horsepower – to the checkered flag.

                              Not only did McLaren win at Indy that year, but it also won races in Formula 1, Formula 2 and Can-Am, entering the history books as a force to be reckoned with. It would go on to win at Indy twice more in 1974 and 1976, and became the first car to exceed 200 miles per hour on the famed oval in 1977.

                              Now forty years later, McLaren is celebrating the first of its Indy by showcasing the #66 Sunoco-Penske car at the second annual Celebration of Automobiles in the speedway’s infield. There it will be displayed alongside the current MP4-12C to showcase just how far the company has come since then. You can check out the historic high-resolution images in the gallery and the details in the press release below for more info.

                              Continue reading McLaren celebrates 40th anniversary of Indy win

                              McLaren celebrates 40th anniversary of Indy win

                                  



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                                Report: Senate OKs mandatory black boxes in cars for 2015, House expected to follow

                                Event data recorder

                                It’s been working its way through Congress for years, but according to Car and Driver, an event recorder mandate could soon become law. The Senate has already voted to adopt a transportation bill that would make the so-called “black boxes” mandatory by the 2015 model year. According to the report, the House of Representatives is also expected to pass a similar statute.

                                While the specifics of the bills are “vague” – to use C/D’s words – they’re also likely to change before becoming law. What probably won’t, according to the report, is the standard data set that the Department of Transportation has set forth, 15 measurements that include direction of acceleration, throttle position, and time that the airbags fired, among others.

                                This raises the specter of government snooping, of course. The Senate version at least specifies that the data contained in the little electronic box is actually owned by the owner of the vehicle, according to the report. Johnny Law can still come around with a warrant to gain access to it, however, and first responders and paramedics would be able to do so without the warrant, provided they needed the information to respond to the emergency.

                                Senate OKs mandatory black boxes in cars for 2015, House expected to follow

                                    



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                                  Video: Project Sea Lion is one crazy roadgoing and seafaring spatula

                                  Project Sea Lion

                                  We see some fairly radical machinery come up for sale on occasion, but few creations manage to raise our eyebrows so high as Project Sea Lion. Created to nab amphibious land speed record, the machine uses a Mazda 13b rotary engine for propulsion, and its creator says the drivetrain is good enough to launch the vehicle to 180 miles per hour if there’s enough roadway. Given that the current record sits at 125 mph, the Sea Lion should have no problem nabbing that title.

                                  Top speed on the water may be a bit more cumbersome, however. The quickest amphibious vehicle can get to 60 mph right now, and Sea Lion’s builder says the creation will need more horsepower to make that happen.

                                  He suggests a Renesis conversion. We tend to agree.

                                  Made from tig-welded aluminum and a variety of CNC-machined components, the car comes only with a bill of sale. That means we can forget all about driving/floating this thing to work. If you like what you see and what to give the amphibious land speed record a go for yourself, Project Sea Lion is for sale over at Fantasy Junction for the low price of $259,500. Scroll down for a quick video and be sure to check out Fantasy Junction for more details and photos.

                                  Continue reading Project Sea Lion is one crazy roadgoing and seafaring spatula

                                  Project Sea Lion is one crazy roadgoing and seafaring spatula

                                      



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                                    Video: Dramatic garage fire clouds Williams celebration at Spanish Grand Prix

                                    Fire at the Spanish Grand Prix

                                    Yesterday’s Spanish Grand Prix was an enormous cause for celebration for Williams. The Formula One team that was once at the very top of its game hadn’t won a race since 2004, but it broke that losing streak when Pastor Maldonado claimed the checkered flag for the team against Fernando Alonso and Kimi Raikkonen and against all odds. But the celebrations in the team’s garage were cut short when a massive fire broke out just after the race.

                                    The fire erupted an hour and a half after the grand prix’s conclusion as team members were toasting their victory in the garage on pit lane, sending smoke billowing out over the track. Members of other teams – Force India and Caterham chief among them – quickly sprung into action to help their comrades put out the fire. A total of 31 people were subsequently sent to the emergency medical center on site, with all but one treated and released. The remaining Williams team member is being treated for burns suffered in the incident and is expected to be sent back to the UK for further treatment in the coming days.

                                    Officials are still looking into the cause of the fire, which reportedly emanated from the racecar that Bruno Senna drove until it was disabled in a collision with Michael Schumacher that took both cars out of the race. Suspicions center around a malfunction in the Kinetic Energy Recovery System. The incident is not the first time a Williams facility suffered from a fire, the factory back in Grove having caught on fire a few years ago. Scroll down to watch video of the incident in Barcelona this weekend.

                                    Continue reading Dramatic garage fire clouds Williams celebration at Spanish Grand Prix

                                    Dramatic garage fire clouds Williams celebration at Spanish Grand Prix

                                        



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                                      Report: Subaru "doubles down" on North America after faltering in China

                                      2013 Subaru XV Crosstrek - front three-quarter view

                                      Automotive News reports Subaru no longer plans to manufacture vehicles in China in the near future. The company had originally planned to begin building cars in the country by 2016, but has re-shifted its focus back toward North America. Subaru will now increase production at its Indiana facility while also investigating other ways to up capacity in NA. That could mean adding a new line in Indiana or building an entirely new facility.

                                      It’s only been 10 months since Subaru announced it planned to build a manufacturing plant in China in just five years. Last year, the company said it planned to build 150,000 units per year in the People’s Republic and import an additional 30,000 vehicles. Those numbers have been slimmed to a more modest 100,000 units, all of which will be imports. While Yasuyuki Yoshinaga, the president of Fuji Heavy Industries, says he would still like to see Subaru have a factory in China, he doesn’t expect it to happen by 2016.

                                      In the meantime, Subaru has also increased its North American sales targets from 380,000 units to 410,000.

                                      Subaru “doubles down” on North America after faltering in China

                                          



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                                        Report: Auto sales credited with half of U.S. economic growth

                                        Car lot with American flags

                                        The auto industry has long been a cyclical business, and though this last trough was a deep one, the coming boom has economists excited. According to Bloomberg, the auto industry’s comeback contributed fully half of the 2.2 percent national economic growth in the first quarter of this year. Auto sales are on target to top 14 million vehicles this year, the best pace in four years.

                                        Production is up at all three domestic carmakers, which has a ripple effect throughout the economy. Bloomberg cites Chad Moutray, chief economist of the National Association of Manufacturers, who estimates that every dollar spent on a new vehicle leads to an addition $2.02 in economic activity. The industry’s share of gross domestic product for the quarter was 2.8 percent, which is nearly as high as it was in 2007, before the economic crisis that devastated the industry, according to the report.

                                        Yet despite the rise in fortunes for carmakers, stock prices have yet to follow suit. A key automotive index is up just 1.5 percent so far this year, but is down 31 percent in the past 12 months, according to the report. The U.S. Treasury Department recently indicated that because of lagging stock prices, it would not be divesting its share of General Motors stock anytime soon.

                                        Auto sales credited with half of U.S. economic growth

                                            



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