Motorsports: Toyota TS030 and Audi R18 e-tron Quattro pose for the camera

Toyota TS030 Hybrid and Audi R18 e-tron Quattro

While the Toyota TS030 Hybrid won’t be participating in this weekend’s FIA World Endurance Championship race at Spa-Francorchamps in Belgium due to a crash in pre-season testing last month, that didn’t stop the automaker from bringing the new endurance racer as a preview for what’s to come for the 24 Hours of Le Mans in June. The TS030 even made time for a quick photoshoot at the infamous Masta Kink alongside the new Audi R18 e-tron Quattro, which happens to be making its race debut this weekend.

While both the Audi and Toyota employ hybrid powertrains, a first for endurance prototypes, each go about it in very different ways. The TS030 makes use of a naturally aspirated 3.4-liter V8 while the R18 e-tron Quattro uses a turbocharged diesel V6. Audi’s hybrid system powers the front wheels, hence the Quattro name, while Toyota has yet to announce whether it’s system will drive the front or rear wheels.

The closed cockpit racers make for quite an attractive couple, and we hope it’s a pairing that will form a lasting rivalry in the coming years.

Toyota TS030 and Audi R18 e-tron Quattro pose for the camera

    



, , , , , , , , , , , , , , ,
       

    Report: BMW partnering with Hyundai on engine cost-sharing?

    BMW Emblem

    Automotive News reports BMW and Hyundai are currently engaged in talks that may lead to the two companies partnering on engine development. A German industry newsletter reported that Hyundai Chairman Chung Mong-koo’s son, Chugn Eui-sun, recently met with a small group of BMW executives in Munich, and that the move would likely help the two manufacturers offset the heavy costs of engineering a new engine group. That cost can be as much as $1.3 to $2.6 billion.

    Not surprisingly, BMW refused to comment on the rumored deal, though the company has been quick to dismiss any notion of expanding its corporate partners beyond the current group. Right now, BMW works with PSA/Peugeot-Citroen, Toyota and Daimler, though the manufacturer is also currently in talks with General Motors. Even so, BMW has made no secret of the fact that it is currently hard at work on a new engine architecture, and a corporate partner would be a smart way to spread development costs.

    BMW partnering with Hyundai on engine cost-sharing?

        



    , , , , ,
         

      Auctions: Why did this Mini sell for over $65,000?

      1959 Austin Seven sells for $65k at Bonhams auction

      There’s good reason this Mini more than doubled it’s pre-sale estimate, and it’s not because Neil Armstrong once drove it. No, Lot 307 at Bonhams’ Hendon, U.K., sale was bid up to $65,100 because it’s an exceptionally rare early Mini, just the eighth of the iconic cars ever manufactured, according to the auction company.

      The seller was clearly able to capitalize on the current collector car trend of finding unrestored survivor cars – those gems that have somehow escaped not only the ravages of time and oxidation, but five decades of enthusiastic collectors armed with an attitude that tearing it down to the base metal and building it back up, “better than new,” is the only way to enjoy vintage iron. The auction company advertised this 1959 Austin Seven (the Mini name wasn’t applied to the Austin version until 1961) as the oldest unrestored Mini, saying that only three earlier cars are known to exist, one of which is in the British Motor Industry Heritage Trust museum.

      Unrestored cars have achieved their recent popularity in part because they serve as records of how the cars originally came from the factory. Production standards in the ’50s and ’60s were much more lax than they are now, and written records can be hard to come by, hence the need for cars like this to direct historians and restorers alike.

      The Mini, of course, is one of the most popular cars of all time, remaining in production with few changes from 1959 through 2000. Over 5.3 million of the cars were produced over that period, before BMW shut down production to launch its modern version of the car.

      Scroll down to read Bonhams full catalog description.

      Continue reading Why did this Mini sell for over $65,000?

      Why did this Mini sell for over $65,000?

          



      , , , , , , , , , ,
           

        Report: Renault-Nissan moves to take control of Russia’s largest automaker

        Carlos Ghosn

        Renault-Nissan aims to increase its stake in Avtovaz, giving the alliance majority control over Russia’s largest automaker. The deal will likely see Renault and Nissan vehicles manufactured beside Lada models in the near future. Avtovaz recently finished a new production facility in Togliatti where the three brands plan to produce up to 1.6 million units per year. That move would make the Togliatti plant one of the largest automotive manufacturing facilities in the world. The companies expect the agreement to become final by 2014.

        Technically, the deal is structured under a joint venture between Renault-Nissan and Russian Technologies, a state-owned corporation. Under a recently-signed memorandum of understanding, Renault-Nissan will own 67.13 percent of the venture, which will own 74.5 percent of Avtovaz. The alliance already holds a 25 percent stake in Avtovaz.

        Under the MOU, Renault will invest around $300 million in the joint venture, while Nissan will put in $450 million.

        Renault-Nissan moves to take control of Russia’s largest automaker

            



        , , , , ,
             

          Video: Chris Harris pits C63 AMG Black Series against 911 GT3 RS 4.0 and M3 GTS

          C63 vs. 911 GT3 vs. M3 video

          We are currently barreling toward the end of the week, which means there’s a good chance you’re looking for ways to chip away at the time card. Allow us to lend you a hand. Chris Harris recently took it up on himself to line up a three very expensive, very powerful German track-bred machines for a little showdown. With names like the Porsche GT3 RS 4.0, BMW M3 GTS and the Mercedes-Benz C63 AMG Black Series, the half-hour clip all but guarantees some giggles. Since these are all coupes that are supposed to be able to pull double duty on the street and on track, Harris puts one and all through a two-day drive.

          Day One features plenty of time on the street, where things like how quickly the dual-clutch transmission in the M3 GTS don’t matter nearly as much as a functional Bluetooth phone pairing system. Of course, Day Two is the fun stuff. That’s when all three sports cars are pressed around a track to see which can return the best lap time. How does it turn out? We won’t spoil it for you. You’ve got time to waste. Scroll down to check out the clip for yourself.

          Continue reading Chris Harris pits C63 AMG Black Series against 911 GT3 RS 4.0 and M3 GTS

          Chris Harris pits C63 AMG Black Series against 911 GT3 RS 4.0 and M3 GTS

              



          , , , , , , , , , , , , , , , , , , , , , ,
               

            Official: Savage Rivale GTR earns Top Marques in Monaco

            Savage Rivale GTS

            If the idea of building a four-seat hard-top convertible supercar in Holland strikes you as off-the-wall, then its racing counterpart should blow your mind. We’re talking about Savage Rivale, the markers of the Roadyacht GTS and the competition-spec GTR model it just unveiled at the Top Marques show in Monaco.

            Packing upwards of 700 horsepower from a turbocharged 6.2-liter V8, the Savage Rivale GTR is said to be good for 2.8-second sprint to 62 miles per hour and a 360-km/h (234-mph) top speed. With those capabilities, the race-ready Savage is earmarked to tackle the Nürburgring Norschleife lap record for four-door automobiles, a distinction which (to the best of our understanding, anyway) currently belongs to a Subaru Impreza WRX STI driven by rally ace Tommi Mäkinen for Car and Driver in 2010 to a 7:55 lap time, edging out Pikes Peak legend Walter Röhrl in the Porsche Panamera Turbo at 7:56 the previous year.

            Only 69 examples are slated for production. We’re still waiting on final specifications to be released, but in the meantime you can check out the gallery of high-resolution images from its unveiling in Monte Carlo in the gallery above.

            Savage Rivale GTR earns Top Marques in Monaco

                



            , , , , , , , , , , , , , , ,
                 

              Report: New entry-level Mercedes crossover to be dubbed GLA

              2012 Mercedes-Benz B-Class

              With BMW readying a refreshed X1 crossover for the U.S. this fall, Mercedes-Benz is looking to play Burger King to the Bavarian automaker’s McDonald’s, launching its own kiddie-sized crossover next year. According to Car, the new model, formerly known as BLK, is now called GLA, thanks to the marque’s new nomenclature.

              The GLA will share a platform with the new A-Class and B-Class, riding on what Mercedes refers to as its MFA architecture. Car says the GLA will be about the same size as the B-Class pictured above, at 174.8 inches long, 70.9 inches wide, and 59 inches tall, with a 106.2-inch wheelbase – just slightly smaller than the X1. The magazine doesn’t have any specific information about what might be powering the new crossover, but says it will share powertrains with its platform-mates. This means we can probably expect the turbocharged, 208-horsepwoer, 2.0-liter four-cylinder with direct injection that we saw in the Concept Style Coupe at Beijing to be fitted underhood once the GLA arrives Stateside.

              New entry-level Mercedes crossover to be dubbed GLA

                  



              , , , , , , , , , , , , ,
                   

                Report: GM Europe headed for another restructuring after disappointing losses

                Opel dealership

                General Motors is having a hard time nailing down its European operations. The automaker reported its first-quarter earnings slid by $1 billion, down from $3.2 billion in the first quarter of last year. The drop was partially attributable to a one-time loss that included changes in accounting for the automaker’s European pensions.

                While GM earned $1.69 billion in North American before taxes, Opel lost $246 million in the first quarter. Surprisingly, that marks the second best quarter for the automaker in a year. Even so, GM CEO Dan Akerson said that the manufacturer’s European operations are headed for substantial revision.

                Akerson said the situation is a “four-alarm fire” while speaking during a public radio interview. The executive declined to elaborate on any plans to help stem Opel’s losses beyond saying “We’re going to have to restructure again.”

                In 2011, GM lost $747 million on its European operations, and with the looming debt crisis continuing to undermine consumer confidence in the EU, the company is desperate to ward off a repeat performance. Analysts believe that yet another restructuring will be a lengthy, drawn-out process, but likely won’t result in any actual plant closings.

                GM Europe headed for another restructuring after disappointing losses

                    



                , , , , , , , , , , , ,
                     

                  Report: GM considering RWD wagon and ute for U.S. market

                  335a3 chevrolet caprice ss rendering 1336060626 Report: GM considering RWD wagon and ute for U.S. market

                  The General wants more rear-wheel drive vehicles in its lineup and has plans to bring a few more to America, including a sedan and possibly a wagon and sport utility, according to Car and Driver.

                  GM already sells a rear-wheel-drive Chevrolet sedan in the U.S., but only sworn law enforcement officers are allowed to drive it: The Chevrolet Caprice PPV.

                  Now, GM will reportedly build a civilian offshoot of the the PPV and market it as the SuperSport sedan, as we reported last week. Under the hood would be GM’s 6.2-liter V-8 creating more than 400 horsepower. That SuperSport badge will also go onto Chevrolet’s NASCAR entry next year.

                  Car and Driver reports that after the V8 SuperSport launches, a milder 300-plus-horsepower 3.6-liter V-6 model will follow. By 2015, when the rear-wheel-drive Zeta platform is improved, production of this vehicle (as well as the PPV) will come to America, thus opening up the market for more police car sales, as some local governments can only buy American-made cruisers.

                  Furthermore, GM is considering building a rear-wheel-drive wagon as well as a sport-utility (read: ute) model. The updated Zeta II platform can handle both vehicles, especially since the next-generation Camaro will be shifting to the new Alpha platform that will underpin the Cadillac ATS and next-gen CTS.

                  Really, all of these vehicles are derivatives of the Pontiac G8, which is still on sale as the Holden Commodore in other markets. It was, arguably, the best Pontiac ever made. Bringing cars, wagons and utes like that to America, under any name or brand, is an immigration policy we can fully endorse.

                  GM considering RWD wagon and ute for U.S. market

                      



                  , , , , , , , , , , , , , , , , , , , , , , , , ,
                       

                    Heico Sportiv gears up to mod new Volvo V40

                    Volvo V40 by Heico Sportiv

                    The emergence of the V40 is arguably the biggest news to come out of Volvo since Ford sold it to Geely. Just as with any new car – European hatchbacks especially – the aftermarket will follow shortly with modifications, and in the case of Volvo, that means Heico Sportiv.

                    The German tuning house specializes in Gothenburg’s finest. The firm already has a new ECU module for the T5 engine in the V40 that brings output up from 237 horsepower to 266 and from 236 pound-feet of torque to 269. Heico has released a pair of renderings previewing what it plans to do with the outside of the slick new sport-wagon.

                    From the teaser renderings, we can see a new set of lightweight seven-spoke alloys, new bumpers front and rear, side skirt extensions, a relatively low-key diffuser and quad ovoid exhaust tips. In other words, the V40, only slightly more so. Unfortunately, since the V40 isn’t earmarked for American showrooms, this may be as close as we’ll get.

                    Heico Sportiv gears up to mod new Volvo V40

                        



                    , , , , , , , , , , , ,
                         

                      Kia teammates ruin 1-2 finish in Pirelli World Challenge race

                      Kia Optima World Challenge Crash

                      Kia had a bright start to the 2012 Pirelli World Challenge season, capturing its first podium in the series earlier this month with a solid third place finish at the Streets of Long Beach. It looked like Kia was going to build on that momentum this past weekend when its two Optima race cars found themselves in a 1-2 position with just a few laps left in the race. Would Kia capture their first World Challenge win in spectacular fashion? Well, the result was spectacular, but not in the way Kia would have preferred.

                      With just one lap to go, the two Kia teammates had developed a comfortable cushion between themselves and the rest of the GTS class field, and it seemed they would cruise home to a 1-2 finish. Apparently Colin Braun, driver of the No. 38 Kia, wasn’t about to let his teammate, Michael Galati, take the win that easily and made several bold attempts to pass with just a few turns to go. In the last corner of the last lap, Braun pushed too far and smacked into the rear fender of Galati, spinning him off track in the process.

                      The third place Acura of Peter Cunningham was collateral damage, leaving a pleasantly surprised Andy Lee to burst through the wreckage and take the checkered flag in his Chevrolet Camaro. Braun managed to finish second while his teammate Galati got back on track fast enough to finish in fourth. In a fitting twist of irony, the crash was reportedly named the Kia Turning Point of the Race.

                      You can watch the race footage over at www.world-challengetv.com. In case you don’t want to sit through all 65+ minutes of footage (although it’s an entertaining race), fast forward to the 56:30 mark to watch the final lap carnage. You can also read all about the race in the official results below.

                      Continue reading Kia teammates ruin 1-2 finish in Pirelli World Challenge race

                      Kia teammates ruin 1-2 finish in Pirelli World Challenge race

                          



                      , , , , , , , , , , , , , ,
                           

                        Official: Toyota Prius plug-in sells 1,654 copies in April, beating Chevy Volt, Nissan Leaf

                        2012 prius plug-in hybrid

                        The Toyota Prius, the most popular hybrid in the world, was also the most popular plug-in vehicle in U.S. last month.

                        Compared to sales of the Chevrolet Volt and the Nissan Leaf, which sold 1,462 and 370 units, respectively, the $32,000 Prius Plug-in quietly sold 1,654 copies in April, reports PluginCars. With such strong name recognition and pent-up demand for a Prius with a cord, this shouldn’t really have been a surprise. But it still kind of is.

                        Toyota sold more Prius models in the U.S. last month than ever before in April (March 2012 was the Prius’ best month ever), even though the number of selling days was short. The four members of the “Prius family” sold a combined 25,168 units, an increase of 126.9 percent compared to April 2011 (which was right after the Japanese tsunami). Overall, Toyota and Lexus sold 32,593 hybrids last month, 30,126 of them wearing the Toyota badge, 2,467 of them the upper-class Lexus models.

                        Last year, Toyota said it expects to sell 16,000-17,000 Prius Plug-in models in 2012. Since Toyota doesn’t break out model numbers, we’re not sure what the total is for the year thus far, but 1,654 plug-ins a month is enough for the company hit that target. Scroll down below for Toyota’s official sales results.

                        Continue reading Toyota Prius plug-in sells 1,654 copies in April, beating Chevy Volt, Nissan Leaf

                        Toyota Prius plug-in sells 1,654 copies in April, beating Chevy Volt, Nissan Leaf

                            



                        , , , , , , , , , , , , , , , , , ,
                             

                          Teased: Renault to unveil new Clio at Paris show in September

                          140d0 webclio teaser Teased: Renault to unveil new Clio at Paris show in September

                          The supermini market is a vital one for European automakers, and though its current Clio remains a popular choice, Renault is not about to rest on its proverbial laurels as its most popular model gets older and less relevant. So with that in mind, the French carmaker is apparently preparing to unveil an all-new Clio hatchback at the next major auto salon.

                          That show won’t be taking place until September when Renault’s home-market Paris Auto Salon opens its doors at the Port de Versailles, but a pair of teaser shots have already surfaced giving us a tiny glimpse at what to expect. The images – reportedly leaked from internal documents – show the grille and a sliver of the rear 3/4. The front looks to take cues from the smaller Twingo, while the rear betrays an upward kink in the shoulder, more aggressive taillights and an altogether more sculpted shape.

                          Styling penned by Laurens van der Acker is expected overall to take its lead from the DeZir Concept. We’ll have to wait until after the summer to see it in full, though.

                          Renault to unveil new Clio at Paris show in September

                              



                          , , , , , , , , , , ,
                               

                            Official: Jolene Van Vugt sets Guinness record on… a toilet [w/video]

                            Jolene Van Vugt on the World's Fastest Toilet

                            Ever wonder why the Guinness Book of World Records is so darn big? We’re not exactly experts on the ins and outs of officially recognized feats, but we’d have to say it’s because the organization will put its stamp of approval on just about anything imaginable. Like, for instance, the top speed of a toilet.

                            That’s right, folks. There’s a new World’s Fastest Toilet, and it hails from Australia. Piloted by Jolene Van Vugt, this motorized porcelain throne managed a two-way average of 46.6 miles per hour. Don’t worry – this record may have been claimed, but the World’s Fastest Kitchen Sink has a nice ring to it, don’t you think?

                            If you think setting a world record on a toilet is crazy, perhaps you’re not familiar with Van Vugt. She’s a professional motocross rider, was the first woman to backflip a dirtbike and is one of the stars of the Nitro Circus television and live-action show.

                            Naturally, we have video of Jolene on the toilet below, along with an image gallery of the self-proclaimed porcelain princess in the act before, during and after the flush.

                            Continue reading Jolene Van Vugt sets Guinness record on… a toilet [w/video]

                            Jolene Van Vugt sets Guinness record on… a toilet [w/video]

                                



                            , , , , , ,
                                 

                              Official: Lingenfelter Camaro ZL1 tops 200 mph

                              Lingenfelter Camaro ZL1

                              With the 2013 Shelby GT500 putting out 662 horsepower and 631 pound-feet torque, we’re guessing that more than a few owners of the new Chevrolet Camaro ZL1 will be looking to even things up via the aftermarket. The speed-obsessed guys over at Lingenfelter Performance Engineering are already putting a few options on the table with a three new upgrade packages that boost the supercharged 6.2-liter V8 to anywhere from 630 to 700-plus horsepower.

                              Apparently, Lingenfelter was eager to prove the merits of its work, and just a couple weeks after taking delivery of an early production Camaro ZL1 had it out on the track putting down times. The test car, pushing out 720 horsepower, laid down a 10.79 second quarter mile pass at Muncie Dragway in Albany, IN, and later recorded a 202 mph top speed at Continental Tire’s proving grounds earlier this week. Coincidentally, that’s the same top speed that the 2013 Shelby GT500 reached during its high speed testing at the Nardo Ring in Italy last year.

                              You can read more about Lingenfelter’s upgrade packages for the 2012 Camaro ZL1 as well as more details on the high speed test in the press release below.

                              Continue reading Lingenfelter Camaro ZL1 tops 200 mph

                              Lingenfelter Camaro ZL1 tops 200 mph

                                  



                              , , , , , , , , , , , , , , , ,
                                   

                                Auctions: eBay Find of the Day: Neil Armstrong’s ‘67 Corvette

                                Neil Armstrong's alleged 1967 Chevrolet Corvette

                                How much would you pay for a derelict ‘67 Chevrolet Corvette with a 427? If you said about thirty grand, you’d be in the ballpark – but that would still be all the money in the world for a barn find like this ‘Vette. The owner admits the car hasn’t run in over 30 years and she (the car, not the owner) clearly needs to get involved in a serious relationship with a body man.

                                But what if we told you that Neil Armstrong, the first man to walk on the moon, the hero of the NASA Apollo program, and by all accounts a genuine good guy, was the first owner of the car? How much would that make it worth? Better hope your guess has six digits in it, because bidding on eBay Motors for this derelict but potentially highly collectible car has already shot past $120,000 – and has yet to meet the seller’s reserve price.

                                Before readying the checkbook, however, we might suggest actually reading the seller’s ALL CAPS description. It’s a wonderful tale that starts with the car being provided by Rathman Chevrolet, the famed dealership that leased Corvettes to astronauts for $1 per year. A NASA employee allegedly bought the car after Armstrong turned it in and the seller claims he’s hounded that NASA employee for 30 years trying to buy the Corvette, but it was only two months ago that he claimed his prize. There’s a whole lot more to the story, including buying a carburetor in Texas and wanting to turn the car into a National Corvette Restorers Society “Survivor.”

                                The bottom line, however, is that the seller is now trying to flip the Chevrolet, without much in the way of evidence that the car belonged to Armstrong, at least that’s presented in the eBay Motors auction. Perhaps we’re just being skeptical, but before spending over $100,000 on a car for which the majority of the purchase price is for its provenance, we’d like to see more in the way of authentication than one Protect-O-Plate photo. Since Neil Armstrong is still alive, we hope that whoever winds up restoring this Corvette does a more thorough job of vetting and presenting its history.

                                eBay Find of the Day: Neil Armstrong’s ‘67 Corvette

                                    



                                , , , , , , ,
                                     

                                  Report: Army trying to figure out what to do with 20,000 mine-resistant trucks

                                  MRAP (Mine Resistant Ambush Protected)

                                  The venerable HMMWV served the United States military as the go-to vehicle for 25 solid years. Before that, various militarized Jeep models had been pressed into service since 1941, when the army first identified the need for a lightweight, all-terrain vehicle capable of carrying a few troops and all their gear into battle.

                                  It seems the so-called Mine Resistant Ambush Protected Vehicle (MRAPS for short) aren’t going to have the same kind of life expectancy as their predecessors. According to CNN, the military is finding it difficult to cook up uses for the 20,000 MRAPS it possesses that are no longer needed for the war in Iraq, where the threat of improvised explosive devises necessitated gigantic V-shaped hulls and several tons of armor.

                                  Due to the sheer size and weight of the machines, along with the specialized nature of their design, the military isn’t likely to continue using MRAPS in differing battlefield conditions after troops are pulled from Afghanistan in 2014. So, what will become of these 20,000 MRAPS? So far, the only option on the list is for mine clearing and explosive ordinance disposal. Thing is, they don’t need 20,000 of them for that.

                                  In any case, one thing is for certain: Lives were saved due to the ability of the MRAPS to protect U.S. troops from roadside explosives (see above). And for that, everyone is thankful. As far as the future goes… may we suggest heavily armored food trucks? Or perhaps the SEMA Show circuit?

                                  Army trying to figure out what to do with 20,000 mine-resistant trucks

                                      



                                  , , , , , , , , , ,
                                       

                                    Official: Ariel Atom simulator is ready to dominate your living room [w/video]

                                    Motion Simulation TL1 - Ariel Atom package

                                    As much as we love games like Forza and Gran Turismo, these driving simulators are hobbled by one glaring omission: peripheral vision. Driving requires a view from more than just the windshield, and while Forza 4 and Gran Turismo 5 have made steps toward giving players a better a better look at the track around them, the nature of a flat screen is cursed with limitations. Of course, if you have the cash, Motion Simulation has a solution for you. The company’s new TL1 simulator was built in cooperation with none other than the minds at Ariel. You know, the folks responsible for the mighty Atom.

                                    The system uses three high-definition projectors to give the view a complete view of the virtual track ahead. What’s more, the simulator is compatible with consoles like the Playstation 3 and Xbox 360. Unfortunately, the kit is prohibitively large and expensive. If you want one, you’ll have to fork over $18,600 at current conversion rates, along with a big portion of your living room. Considering that kind of cash will buy you a very nice used sports car, we’ll have to take a pass on this one.

                                    Unfortunately, there isn’t a video of the actual Atom simulator available just yet, so for the moment, you’ll have to content yourself with footage of the company’s great-sounding Touring Car simulator. Check it out by scrolling below.

                                    Continue reading Ariel Atom simulator is ready to dominate your living room [w/video]

                                    Ariel Atom simulator is ready to dominate your living room [w/video]

                                        



                                    , , , , , , , , ,
                                         

                                      Report: GM first proposed $3B controlling stake in Isuzu

                                      Isuzu i-series pickup playing in the sand

                                      General Motors initially wanted to buy one-third of Isuzu Motors Ltd, which would give it the right to veto board decisions, but has scaled back how much of the Japanese company it might try to buy, according to a new Reuters report.

                                      At current stock prices, GM would have paid more than $3 billion for a controlling share of the truckmaker, which specializes in small trucks and diesel powertrains. GM is now considering buying a 10 percent share, anonymous sources tell Reuters, which would make it the largest single owner of stock in the company. Toyota and Volkswagen both have smaller shares of Isuzu.

                                      GM once owned nearly half of Isuzu but sold off its last 7.9 percent of the company in 2006.

                                      The GM/Isuzu partnership helped bring vehicles to the U.S. like the Geo Storm, Chevrolet LUV, GMC Canyon and Chevrolet Colorado. But there’s no reason to expect a new small pickup for America this time around.

                                      The potential deal, which sources tell Reuters is “very much preliminary”, could open up the Southeast Asia market, where GM is currently a bit player. Additionally, GM could help Isuzu develop a hybrid or other environmentally friendly vehicles. It’s almost enough to make us wonder why they ever sold it in the first place.

                                      GM first proposed $3B controlling stake in Isuzu

                                          



                                      , , , , , , , , , , , , , , , , , , , , , ,
                                           

                                        Official: Kia K9 launches in Korea, export model to get new name

                                        2012 Kia K9 - front three-quarter view, silver

                                        We so wanted to lead this post with a Jim Belushi joke. Alas, the Kia press release announcing the launch of its rear-drive flagship in Korea today specifically clarifies that the K9 will be renamed for other markets.

                                        While Kia says the large sedan rides on “its own platform,” we know enough about the auto industry to posit that much of that platform is shared with the underpinnings of corporate cousin Hyundai’s Genesis Sedan and Equus. Like the Hyundai pair, Kia is clearly hoping the not-called-K9-here will help the brand move upmarket, positioning the car as a premium product designed, in the words of Kia’s head of design Peter Schreyer, “to compete head-to-head with the European luxury brands.”

                                        The Kia sedan will split the difference between the Genesis and the Equus, matching the 120-inch wheelbase of the latter, but with an overall length of 200 inches that’s three inches shorter than Equus and almost four inches longer than the Genesis. The Kia sedan will have the same 0.27 coefficient of drag as both the Hyundai models.

                                        Kia says its luxury sedan will be powered by two distinct versions of the corporate 3.8-liter Lambda V6, one making 286 horsepower and the direct-injection version rated at 329. The more powerful engine is said to be “joining the global engine line-up next year,” which we’d expect would coincide with the flagship sedan’s U.S. launch. Both engines will be mated to an eight-speed automatic transmission. Kia says the car will be available with a number of safety features including a lane-departure warning system and blind sport detection. A reclining rear seat with leg rest will also be available, just like in the Equus.

                                        Today’s announcement raises an interesting possibility. While we wouldn’t expect Kia to send its flagship stateside with the less-powerful V6 – indeed, a V8 engine option is surely bound to accompany an official statement of the car’s U.S. sales plan – doing so would certainly allow Kia to bring the car to market at a more attractive entry-level price. Kia has a scant resume when it comes launching anything other than budget models here in the U.S., and the brand certainly has considerable work to do if it aims to catch up to Hyundai in pricier segments.

                                        It will certainly be interesting to see where Kia tries to position its unnamed sedan – and whether its (*ahem*) dogged pursuit of the luxury dollar will succeed. Scroll down to read the full press release and check out our gallery of K9 images.

                                        Continue reading Kia K9 launches in Korea, export model to get new name

                                        Kia K9 launches in Korea, export model to get new name

                                            



                                        , , , , , , , , , , , , , , , , , , , ,