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Powertrain starts life as an independent company
Organizational realignment completed in record time; new management team in place since April 1, 2019 Technology company’s powertrain business to trade under the name of Vitesco Technologies Preparations on schedule for planed partial IPO in second half of 2019; company could begin trading in 2020 Vitesco Technologies is managed by Andreas Wolf (CEO), Werner Volz… Continue reading Powertrain starts life as an independent company
FCA Selects HARMAN (Samsung) and Google Technologies for New Global Connected Vehicle "Ecosystem"
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SPECIAL EDITION STINGER GTS – ENTHUSIASTS REJOICE
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Limited Edition Stinger GTS Breaks Cover In New York with Dynamic AWD Tech, Racier LooksNewly developed dynamic all-wheel drive system adds drift modeBright orange paint color and genuine carbon fiber parts enhance the GTS treatmentLimited productionSince its debut nearly two years ago, the Kia Stinger has quickly become a crowd favorite, and at the New York International Auto Show, Kia Motors America gave driving purists yet another compelling reason to check out Kia’s highest performing sport sedan. Limited to just 800 units, the special edition Stinger GTS1 punches up its on-road prowess with a newly developed dynamic all-wheel drive system2 (D-AWD) that inspires more spirited driving. With sport-inspired styling elements including genuine carbon fiber parts and a splashy new color that demands even more attention, the limited edition GTS is the one automotive enthusiasts will be lining up to drive.
Closing the GapDuring its short time on t..
Magna Steyr Starts Production Of 2020 Toyota GR Supra
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Magna Steyr Starts Production Of 2020 Toyota GR Supra
25 Mar 2019, 12:27 UTC ·
by Mircea Panait
Home > News > Car Profile
Ah, outsourcing! If you were wondering, even Toyota is doing it because of the cost. After all, it’s cheaper to use the tooling and workforce of another company. And thus, the GR Supra is now manufactured in Graz, Austria instead of Motomachi, Japan.
71 photosThis turn of events shouldn’t come as a surprise considering the Supra is related to the Z4, and BMW has a long-running production partnership with Magna Steyr. On the other hand, we can’t imagine that the Austrians have the same quality assurance as Toyota in Japan. Adding insult to injury, the BMW parts utilized by the Supra aren’t the latest word in terms of reliability.
The question is, does reliability matter that much in a sports car? To each his own, but Mazda is a positive example in this regard with the MX-5 Miata. Even though the Supra is available with a 2.0-liter turbo in Europe, the German configurator takes reservations for configurations that start at €62,900.
Over in the United States, the Launch Edition retails at $55,250 and the Supra comes exclusively with the BMW-sourced turbo inline-six engine. Lower down the range, the 3.0 Premium is $53,990 while the 3.0 without Premium starts at $49,990 before destination charge.
Taking the Z4 sDrive30i for reference, the BMW starts at $49,700 with the 2.0-liter TwinPower Turbo inline-four engine. Looking at the bigger picture, both models are expensive from the get-go and both will be produced in limited numbers as a consequence.
Then again, sports cars aren’t selling too well these days. Crossovers and SUVs are at the forefront of demand, and every automaker in the industry is pouring resources into developing crossovers and SUVs as quickly as possible. It’s a matter of supply and demand, and there’s no reason to point the fingers at automakers for these circumstances.
As for the first-ever Supra to roll off the assembly line in Graz, Magna Steyr finished the car in phantom matte grey. The VIN is also special, including 20201 where 2020 marks the model year and 1 indicates the first example of the breed. If you were wondering , VIN 001 has been auctioned by Barrett-Jackson for $2.1 million, and all of the proceeds are going to the Bob Woodruff Foundation and American Heart Association.
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Bosch to cooperate in large-scale production of fuel cells for trucks and cars
Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, its 2018 sales came to 47 billion euros, or 60 percent of total group sales. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is accident-free. emissions-free, and stress-free,… Continue reading Bosch to cooperate in large-scale production of fuel cells for trucks and cars
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Lear Announces Pricing of $700 Million Senior Notes Offering
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Lear Announces Offering of Senior Notes
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Valeo opens new wiper motor plant in Chennai
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