UPDATE 1-Peugeot-maker PSA lifts profit goal after record 2018

PARIS (Reuters) – French carmaker PSA Group raised its medium-term profit guidance on Tuesday after reporting record full-year sales and earnings, buoyed by the success of its Peugeot 3008 and 5008 SUV models. FILE PHOTO: The Peugeot logo is pictured on the new Peugeot 508 before a news conference of PSA Group to announce the… Continue reading UPDATE 1-Peugeot-maker PSA lifts profit goal after record 2018

Peugeot (re) launches in the electric arena with the new 208

Put back the power for good. Absent or almost absent from the electric car market since the 1990s, Peugeot will be back in the arena as of autumn, with the commercial release of the new 208. The city car of the Lion brand will indeed be available at fourth quarter in all engines, even diesel,… Continue reading Peugeot (re) launches in the electric arena with the new 208

Ford fuel economy, EPA ends talks, better hybrids, Audi ad: Today’s Car News

Mitsubishi Engelberg Tourer concept teaser
Ford opened an investigation into the way it conducts fuel economy tests. The EPA quit speaking to California in their dispute over emissions rules. Half of Consumer Reports top picks for 2019 include hybrids or plug-in cars. And Audi makes good on advertising the performance benefits of an electric car. All this and more on Green Car Reports.

After employees expressed concern in an internal tip-line, Ford opened an investigation into the way it conducts a key portion of federally mandated fuel-economy tests. If it finds problems, it could lead to revising fuel economy numbers of some of its models—or more.

After months of dispute over its proposal to rollback scheduled increases in emissions and fuel economy standards, the EPA ended its talks with California, which has already sued the agency over the change. “This is not a two-way negotiation,” Acting Administrator Andrew Wheeler said earlier this month.

Of the 10 cars on Consumer Reports' list of Top Picks for 2019, three are hybrids, and two come as plug-in or electric models. To have so many “electrified” models on the list shows how far hybrids have come. The large, luxurious Toyota Avalon Hybrid even gets better gas mileage than the tiny original Prius.

After its Super Bowl ad last month, Audi made a new commercial for its upcoming e-tron quattro SUV touting its performance climbing a ski slope.

Finally, with yet another electric concept scheduled to debut next month, the Geneva auto show is taking shape. The latest concept, from Mitsubishi, is an electric SUV that could be a new iteration of the e-Evolution concept it showed in Los Angeles last fall (and in Tokyo 18 months before), or an updated concept for the Outlander.

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Ford investigates its own fuel-economy testing methods

2019 Ford Ranger
Ford announced on Thursday that it opened an investigation into the fuel economy testing it does to receive official EPA ratings and federal certification to sell its vehicles in the U.S.

The company plans to start by retesting its 2019 Ranger midsize pickup, after employees raised concerns through Ford's internal reporting channel called Speak Up.

The concerns involve how Ford measures the energy required to drive a car down the road, called “road load,” which then becomes a factor in further fuel economy measurements.

MUST READ: Ford Cuts Gas Mileage On 6 Models: What You Need To Know, And Open Questions (2014)

Under EPA fuel-economy testing regulations, automakers test road load by letting a car coast from 60 mph to a stop and measuring the time and distance required to stop. This gives an indication of how much wind and road resistance and friction a vehicle generates going down the road and various speeds.

The results of the coast-down test are then fed into a dynamometer, a kind of treadmill for cars used in emissions and horsepower testing to mimic that load as the car drives a simulated road loop in lab for emissions and fuel-economy testing. It is designed to make the engine work as if the car were actually driving on the road.

But multiple factors can affect the road load, such as exact tire pressures, ride height and various aerodynamic parameters—and can affect the resulting fuel economy and emissions numbers. (In an equivalent European test, now outdated, engineers have even been known to tape doors closed in the coast-down test to cover the gap between the door and body to improve aerodynamics and increase fuel economy ratings.)

READ MORE: EPA Wants Carmakers To Verify Gas Mileage With Road Testing Too (2014)

Automakers are required to achieve certain emissions targets to sell cars in the U.S., and can face big fines if they don't meet fuel economy targets across their whole model lineups.

As a result of the employees' reports, Ford has hired an outside investigation team to examine the specifications it uses in testing road load and retained independent technical experts in the industry as part of its investigation team. The company has also hired an outside laboratory to conduct independent coast-down tests on its vehicles, starting with the Ranger.

2019 Ford Ranger

Ford spokesman Said Deep said the company is starting by retesting the 2019 Ranger, but “if we need to expand our investigation beyond that, we will.” The Ranger is currently rated at 21 mpg city, 26 highway, and 23 combined for 2-wheel-drive models, and 20/24/22 for 4WD models.

Other automakers, such as Hyundai, have had to restate fuel economy numbers and pay consumers for extra fuel costs above what some of their cars' fuel-economy labels indicated. Subaru and Nissan have faced similar concerns in Japan, in some cases also flagged by employees.

In 2013 and 2014, Ford had to lower fuel economy labels on its Fusion and C-Max Hybrids and its Ford Fiesta and offered gas rebates to buyers to compensate for additional fuel the cars used above what their EPA ratings indicated. Deep says the current investigation involves separate issues from those instances.

CHECK OUT: Hyundai, Kia Rapped By EPA Over Misstated MPG Stickers (2012)

Since those concerns, along with the VW diesel emissions-cheating scandal, came to light, the EPA has been conducting more of its own tests and has insisted that automakers do more real-world testing on the road.

Deep said the current question over Ford's road-load testing does not involve an emissions cheat device, such as those used in Volkswagen and Fiat Chrysler diesels, that restricted emissions controls to fully function only in testing, and allowed those cars to emit far more pollution when driven on the road than federal standards allow.

He said he expects the investigation to take several months.

Press Releases – New vehicle safety rules: auto industry reacts to European Parliament vote

Brussels, 22 February 2019 – The European Automobile Manufacturers’ Association (ACEA) takes note of the European Parliament’s vote on the revision of the General Safety Regulation, which mandates the safety technologies to be included as standard in new vehicle types. Yesterday’s vote by the lead Internal Market and Consumer Protection (IMCO) Committee marks an important… Continue reading Press Releases – New vehicle safety rules: auto industry reacts to European Parliament vote

S & P downgrades Nissan’s ‘A-‘ rating due to low prospects of increased profitability

Posted 02/21/2019 11:22:54 CET TOKYO, Feb. 21 (EUROPE PRESS) – The credit rating agency S & P has reduced the long-term rating of Japanese automaker Nissan from ‘A’ to ‘A-‘ (good quality, with moderate sensitivity to an adverse environment), given the prospect that the company will have difficulties to improve its profitability in the short… Continue reading S & P downgrades Nissan’s ‘A-‘ rating due to low prospects of increased profitability

Mitsubishi Motors Lineup at 89th Geneva Motor Show

TOKYO–(BUSINESS WIRE)–Mitsubishi Motors Corporation (MMC) will be exhibiting at the 89th Geneva International Motor Show*1, March 5th through 17th, under the company’s global tagline “Drive your Ambition.” The MITSUBISHI ENGELBERG TOURER and the 2020 Outlander Sport compact SUV will make their global debuts at the show. The new L200 one-ton pickup will have its first… Continue reading Mitsubishi Motors Lineup at 89th Geneva Motor Show

Renault’s outlook cut to ‘negative’ by rating agency Standard & Poor’s

FILE PHOTO – The logo of French car manufacturer Renault is seen at a dealership of the company in Illkirch-Graffenstaden near Strasbourg, France, January 10, 2019. REUTERS/Vincent Kessler/File Photo PARIS (Reuters) – Credit rating agency Standard & Poor’s cut its outlook on carmaker Renault to “negative” from “stable”, citing broader challenges within the automotive sector… Continue reading Renault’s outlook cut to ‘negative’ by rating agency Standard & Poor’s