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2018 Lamborghini Urus Partially Revealed On The Assembly Line

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2018 Lamborghini Urus Partially Revealed On The Assembly Line

18 Oct 2017, 11:46 UTC · by Mircea Panait
/ Home / News / Car Profile

The House of the Raging Bull is proud of its ongoing strategic investment program, which sees the Sant’Agata Bolognese facility expand from 80,000 to 160,000 square meters. Without beating around the bush, most of the money was poured into an all-new factory, which will handle production of the Urus.
17 photosIn fact, pilot production is already underway, with the following video teasing many bits and bobs of the “Super SUV” that will likely take the Nurburgring record from the Alfa Romeo Stelvio Quadrifoglio. And the bottom line is, Lamborghini intends to double its production output to 7,000 vehicles per year.
Other than the all-new assembly line, finishing department, and office building, the investment also brings worth an all-new test track with thirteen different surfaces specific to sport utility vehicles. Dubbed Manifattura Lamborghini, the Urus-building factory and its annexes were completed in 18 months. And as expected, the facility relies heavily on robots and automation.
The line that handles Urus production is called Industry 4.0 and is dedicated to the SUV that shares its underpinnings with the Audi Q7, Porsche Cayenne, and Bentley Bentayga. From the video of the Manifattura Lamborghini, it’s easy to spot at least three unfinished Urus vehicles. The one on the assembly line features carbon ceramic brakes, which is a must in a hefty sport utility vehicle.
The clip further treats us to the design of the five-spoke alloy wheels and the 4.0-liter twin-turbo V8 developed by Porsche, as well as the side profile and front fascia of the Urus. It’s no LM002, but according to Lamborghini, the technology built into the Urus makes it properly capable in off-road scenarios.
Packing at least 650 horsepower and mated to an 8-speed automatic transmission, the Urus will be followed by a plug-in hybrid model in the near future. As a brief refresher, the Italian automaker will take the veils off the all-new SUV on December 4 at the Sant’Agata Bolognese site.

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2019 Subaru Ascent Production Will Create New Jobs At Indiana Plant

19 cup holders, seating for eight, and the platform from the Impreza. The Ascent is the next big thing for Subaru, and as the automaker prepares to roll out the mid-size crossover next year, the Lafayette plant will benefit from a $140 million investment to support production of the newcomer.

As part of those $140 million, the Indiana-based plant will grow … (continue reading >>)

Toyota-Mazda Shared Plant To Crop Up In Alabama Or North Carolina

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Toyota-Mazda Shared Plant To Crop Up In Alabama Or North Carolina

15 Nov 2017, 14:32 UTC · by Mircea Panait
/ Home / News / Industry

Building and selling cars is big business. And in addition to big, it’s complicated business for one too many reasons, chief among which is legislation. In the U.S., for example, it’s easier for foreign automakers to build cars locally because the state will offer incentives. This, in turn, creates jobs, and the pricing advantage over imports is nothing to scoff at.
9 photos Toyota and Mazda find themselves in this situation, with the two announcing that they’re planning on spending $1.6 billion on a plant in the United States that will create 4,000 jobs. The factory would be operational by 2021, but there’s a catch with this promise. And that catch is, Toyota and Mazda have refused to spell out the location where the plant will be.
The background story originates with Donald Trump, who attacked Toyota with a “big border tax” over the automaker’s plan to construct a factory in Guanajuato, Mexico. There, Toyota would’ve produced the Corolla, but once President Trump got in on the action, the Japanese automaker decided that it would be better to build the Tacoma in Mexico.
Trump’s attack wasn’t in vain, for the POTUS convinced Toyota to relegate Corolla production to the United States, at the factory this story is about. Mazda joined Toyota in its ambitious plan, with Mazda announcing that it'll build “new crossover vehicles” at the yet-to-be-constructed plant.
According to Bloomberg, the search for a location for the Toyota-Mazda plant has been narrowed to two states: Alabama and North Carolina. All that’s left to do now is for state officials to sweeten the deal, with Toyota-Mazda expected to take the better offer as far as incentives are concerned.
Whichever state wins, the shared factory is actually a victory for the Trump administration. After all, it is “the first new auto assembly plant to be announced during the tenure of President Donald Trump,” and that’s good news considering Ford will source the next-generation Focus from China.
Editor's note:

Mazda2 Sedan-based Scion iA pictured.

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Continued growth in asset finance

6 October 2017
New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 3% in August, compared with the same month last year.
The plant and machinery finance sector reported new business up in August by 4% compared with the same month in 2016, while new finance for business equipment was up by 8% over the same period.
Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said:
“The asset finance industry has reported solid new business growth so far in 2017. Growth in asset finance provided to manufacturers has been particularly robust, with new business for production and processing plant up by more than 40% in the first eight months of 2017.”
Aug 2017
% change on prev. year
3 months to Aug
2017
% change on prev. year
12 months to Aug
2017
% change on prev. year
Total FLA asset finance (£m)
2,204
+3
7,957
+6
31,803
+6
Total excluding high value (£m)
2,163
+4
7,726
+10
30,643
+7
Data Extracts:
By asset:
Plant and machinery finance (£m)
502
+4
1,773
+21
6,546
+14
Commercial vehicle finance (£m)
513
-7
1,771
+1
7,479
+2
IT equipment finance (£m)
171
-3
595
+3
2,224
-2
Business equipment finance (£m)
187
+8
694
+10
2,567
+14
Car finance (£m)
613
+10
2,452
+9
9,842
+7
Aircraft, ships and rolling stock finance (£m)
7
-76
27
-82
611
+12
By channel:
Direct finance (£m)
1,108
+2
4,041
+9
15,571
+6
Broker-introduced finance (£m)
453
+7
1,385
+7
5,744
+16
Sales finance (£m)
602
+7
2,300
+12
9,327
+6
By product:
Finance leasing (£m)
272
0
989
+5
4,018
-2
Operating leasing (£m)
470
+4
1,687
+9
7,107
+8
Lease/Hire purchase (£m)
1,194
+3
4,201
+7
16,618
+9
Other finance (£m)
268
+4
1,080
0
4,059
+3
Note to editors:
In 2016, FLA members provided £118 billion of new finance to UK businesses and households. £30 billion of finance was provided to businesses and the public sector. FLA members financed more than a third of UK investment in machinery, equipment and purchased software in the UK in 2016.For media enquiries, please contact the FLA press office on 020 7420 9656.

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