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New Aston Martin V8 Vantage Is Almost Sold Out For The First Year Of Production

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New Aston Martin V8 Vantage Is Almost Sold Out For The First Year Of Production

23 Nov 2017, 15:01 UTC · by Mircea Panait
/ Home / News / Car Profile

At $149,995, the all-new Aston Martin Vantage is more expensive than the model it replaces. But despite the price hike, the automaker has trouble with satisfying the demand for the British sports car with a German heart.
51 photos
Bloomberg had a chat with Dr. Andy Palmer, the architect behind Aston Martin’s “Second Century” plan and the man who OK’d the way the all-new Vantage looks. And according to Palmer, “most of our production for next year is already sold out,” which means the waiting list is growing with each and every day that passes. This, however, is good news for AM.
The 2005 Vantage was a huge hit, selling 21,500 examples over the course of 12 years. With the incredible demand the all-new generation was met on its world debut, color us surprised the succeeding model won't outsell the forerunner in a few years' time. After all, it targets a completely different audience compared to the former-gen Vantage.
Did you think the unconventional looks are a coincidence? Think again, for Palmer made it clear the V8 Vantage is “aspirationally younger, cooler, better.” You know, the sort of customers who don't want an Aston Martin because James Bond has one, but because the Porsche 911 is too generic for their liking.
The M177 engine, which doesn’t come from the Mercedes-AMG GT, sweetens the deal with 510 PS (503 horsepower) and 685 Nm (505 pound-feet) of torque. Not only does it give the DB11 V8 a run for its money, but the Vantage also happens to be developed from the get-go to be as sporty as possible without making too many compromises in terms of comfort.
Next year will see the introduction of the manual-equipped V8 Vantage, and later on, Aston Martin will expand the lineup with the V12 Vantage. The ultimate expression of the smallest model in the range will borrow the 5.2-liter twin-turbo V12 from the DB11. The AE31 will take on the almighty Ferrari 812 Superfast in the next-generation Vanquish, which is currently testing on the Nurburgring within an inch of its life.

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Sluggish Sales Equal Production Slowdown For Alfa Romeo, Maserati, Jeep, Fiat

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Sluggish Sales Equal Production Slowdown For Alfa Romeo, Maserati, Jeep, Fiat

19 Oct 2017, 14:42 UTC · by Mircea Panait
/ Home / News / Industry

Bad news, fans of Fiat Chrysler’s most Italian of brands! Both Alfa Romeo and Maserati are not doing great regarding sales, the reason why FCA decided to cut production for both automakers. And the reason for this slump in demand? Apparently, new Chinese import rules have hit Fiat Chrysler hard, especially the two brands.
36 photosAlthough China faced criticism in the past for being too lenient on emissions and pollution, the People’s Republic is working hard on addressing these issues. Collateral damage comes in the form of increased restrictions for automakers, mostly because China follows the model set by France and the UK, countries that will ban the sale of fossil fuel cars and SUVs by 2040.
By August 2017, China had reached its 2020 target for solar energy installation, which makes the People’s Republic the largest producer of solar energy in the world. Large-scale carbon capture plants are also on the way, with the first of a planned eight currently being built. The bottom line is, China’s government is very focused on reducing the carbon footprint.
And as a result of these policies, imported automobiles are not exactly welcome in the Middle Kingdom unless they’re hybridized or electric. Alfa Romeo and Maserati don’t have such vehicles in their lineup, and that’s the gist of it. According to Automotive News, FCA declined to comment on the matter, but the cited publication has the numbers to back up its claims.
The Levante plant in Mirafiori will shut down for two weeks between October and November, with sales in China now averaging 350 examples per month compared to more than 800 units per month in the first half of the year. Over at Alfa Romeo, the Cassino plant in Italy now builds 265 vehicles per shift instead of 300. This decision follows four Fridays that were hampered down by production stops, totaling a loss of 2,000-plus Giulias and Stelvios.
From 2,666 Stelvio units delivered in China in July, Alfa Romeo slumped to 227 examples in August. As if that wasn’t bad enough, the Fiat 500X and Jeep Renegade have both seen production reductions at the Melfi plant in Italy. From the report: “Workers at the plant have been temporarily laid off for 21 days this year, including 11 days in the third quarter. As a result, production of the two models was down 25 percent in the quarter.”

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BMW In Talks With Great Wall To Manufacture MINI Vehicles In China

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BMW In Talks With Great Wall To Manufacture MINI Vehicles In China

15 Oct 2017, 21:38 UTC · by Mircea Panait
/ Home / News / Industry

At the present moment, MINI operates a production plant in Cowley, UK, with a remainder of production attributed to VDL Nedcar in Born, Netherlands. In the coming years, however, the BMW-owned British automaker might expand outside of Europe thanks to the helping hand of Great Wall.
23 photosReports in the Chinese media suggest BMW is in early talks with Great Wall to create a joint stock company incorporated in the People’s Republic with limited liability. In a statement released on behalf by the Hong Kong Stock Exchange, Great Wall has confirmed the talks, providing clarifications.
From the statement: “As of the date of this announcement, the Company and BMW have not entered into any legal documents for the establishment of a joint venture in China.” There’s no deal on the table just yet, but the offer is too good for BMW and Great Wall to take a step back. “Both parties entered into a confidential agreement on 18 April 2016 for the feasibility of research and development of battery electric vehicles and traditional power vehicles.”
Upon discussion, BMW and Great Wall signed an agreement on February 21, 2017, “for discussion and evaluation on the feasibility of cooperation for vehicles of MINI brand.” It’s extremely clear, then, that intentions are strong from both parties. But until the two automakers agree to create a joint venture in China, there’s still a whole lot of talk and feasibility evaluation to be done.
BMW is already present in China with the help of Brilliance, an alliance that started in 2003 and is responsible for the local production of the 1 Series, 2 Series Active Tourer, 3er, 5er, and X1. Great Wall, on the other hand, doesn’t have any joint venture to speak of at the present moment. The Haval sport utility vehicle brand sold better than the rest of the Great Wall lineup in 2016, but a joint venture has the potential to be a more lucrative business.
When rumors emerged of the MINI-Great Wall potential tie-up on Wednesday, October 11, shares of the Chinese automaker jumped 13 percent, then were suspended from trading on Thursday. Shares have resumed trading on Monday, 16 October.

Download attachment: MINI-Great Wall joint venture statement (PDF)

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Volkswagen I.D. Countdown: e-Hatchback Confirmed For Late-2019 Production Start

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Volkswagen I.D. Countdown: e-Hatchback Confirmed For Late-2019 Production Start

4 Dec 2017, 12:02 UTC · by Mircea Panait
/ Home / News / Industry

The Modularer Elektrobaukasten is a huge leap forward for the Volkswagen Group, probably bigger than the MQB is for the current crop of front-engine, front- and all-wheel-drive models. Shortened to MEB, the modular platform will enter production at the end of 2019 at the Zwickau plant in Germany, with the first electric vehicle of the I.D. family.
81 photosThe countdown started today at the MEB Supplier Summit, with Volkswagen confirming that more than 100 suppliers have been nominated within the framework of the electric offensive. Coincidence or not, 100 weeks are left until VW AG embraces e-mobility at full speed.
In addition to the I.D. hatchback, previewed by the Golf-sized concept of the same name, the Elektrobaukasten will be employed by an additional 31 models from Audi, Skoda, SEAT, and other group-owned brands. “Volkswagen brand alone will be offering more than 20 all-electric models by 2022 and will be investing about €6 billion in e-mobility over the next five years,” declared head honcho Herbert Diess.
Following the I.D. hatchback, the MEB-based Volkswagen lineup will welcome the I.D. Buzz (electric Microbus) and I.D. Crozz (electric crossover). The Wolfsburg-based automaker expects to have built more than 100,000 MEB vehicles by the closure of 2020. The secret to this output is the reduced complexity of the platform and the modularity, with Elektrobaukasten capable of front-, rear-, and all-wheel-drive applications.
“We intend to work together [with our suppliers] to ensure that Europe is ahead in the global race to the lead in e-mobility,” added Diess, a strategy that “will enable us to write a new chapter in the history of the automobile.” Reading between the lines, this claim is a subtle middle finger salute to Elon Musk’s endless boasting and Tesla’s failure to ramp up Model 3 production.
As part of today’s announcement, Volkswagen confirmed that MEB electric vehicles will make their way to the United States and China from 2020 onwards.

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Volkswagen Production Milestone: 6 Million Vehicles Manufactured In One Year

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Volkswagen Production Milestone: 6 Million Vehicles Manufactured In One Year

30 Dec 2017, 12:43 UTC · by Mircea Panait
/ Home / News / Industry

The Volkswagen Group is the world’s largest automaker by sales volume, delivering 10.3 million vehicles in 2016. Production, as expected, is another area where the Wolfsburg-based company is at the top of its game.
10 photosWith a few days to go until 2017 turns to 2018, the Volkswagen brand (not group) announced that it had produced six million vehicles in the current calendar year. It’s a production record made possible by 50-plus plants located in 14 countries, and a product portfolio of 60-plus models.

“More than six million vehicles produced in 12 months – there is one thing that this shows above all: our plants and employees are continually improving their production competence. We have top teams in production which successfully master growing demand from customers,” declared Thomas Ulbrich, whose role is that of Member of the Board of Management of the German brand responsible for Production & Logistics.
Volkswagen highlights that the models which made the production record possible are the Jetta, followed by the Golf, Santana, Passat, and Polo. These are all nameplates with tradition for the brand, though newcomers also had a say in the result, especially the Tiguan, T-Roc, and the Arteon.
This year’s result brings the total number of Volkswagen vehicles produced to more than 150 million since the first-ever Bettle rolled off the line 72 years ago. And thanks to the Transform 2025+ strategy, the German automaker is planning even bigger things in the immediate future.
In the first phase of the plan, Volkswagen intends to strengthen its presence in the sport utility vehicle and crossover segments by introducing 19 new models by 2020. The second phase, meanwhile, will see the brand go on the electric offensive with the I.D. family of models. Underpinned by the MEB vehicle architecture, three models are already confirmed for launch in the first instance: the I.D. hatchback, I.D. Crozz crossover, and I.D. Buzz van.

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Toyota And Mazda Choose Huntsville, Alabama For U.S. Factory

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Toyota And Mazda Choose Huntsville, Alabama For U.S. Factory

10 Jan 2018, 19:31 UTC · by Mircea Panait
/ Home / News / Industry

A whopping $1.6 billion. That’s how much Toyota and Mazda will invest in setting up a production plant in Huntsville, Alabama. Announced in May 2016, the U.S.-based joint factory will open its doors in 2021 and will see up to 4,000 workers churn out up to 300,000 vehicles per year.
50 photosLocated approximately 150 miles from the Tuscaloosa site operated by Mercedes-Benz and 15 miles from Toyota Motor Manufacturing, Alabama, Inc., the Huntsville facility is described by both parties as a “mutually beneficial long-term partnership.” What that means is, Toyota will acquire 5.05 percent of Mazda, whilst Mazda will get 0.25 percent.
Toyota’s 11th manufacturing plant in the United States, and the second in Alabama, will welcome the next generation of the Toyota Corolla to its assembly line. Mazda, meanwhile, announced that it’s working with the North American office “to introduce a totally new and different type of SUV,” a damn cryptic choice of words if you think about it for a minute.
The State of Alabama is, at the present moment, the 5th largest manufacturer of cars of light trucks in the U.S. of A. More than 150 tier 1 and tier 2 suppliers are supporting the industry, translating to something in the ballpark of 57,000 automotive manufacturing jobs in the Cotton State.
“The partnership between Mazda and Toyota will expand innovative automotive manufacturing in Alabama,” said governor Kay Ivey. “Their decision to locate this new facility in Huntsville is a testament to the talented workforce in our state. We are proud that this partnership puts Alabama on the forefront of technology in this dynamic global industry.”
Other than the new production plant, Mazda and Toyota are joined at the hip. First there’s electrification technology the two will share, then there’s the rotary extender engine, but that’s not all. If the wildest of rumors are to be believed, the next-generation Mazda6 is expected to go rear-wheel-drive thanks to the Toyota-developed FR platform. The same backbone is anticipated to help the RX-9 rotary sports car happen.

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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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SAIC Motor Corporation Limited (SAIC Motor) released its semi-annual report on Aug 30, summarizing its performance in the first half of 2017. According to the report, from January to June SAIC Motor sold 31.75 million vehicles, a year-on-year increase of 5.8 percent; domestic market share increased to 23 percent; operating income hit 396.4 billion yuan… Continue reading Semi-annual report suggests SAIC Motor development decisions

US customers filed a class action lawsuit against German car companies on

Thursday, 07/27/2017 15:46 clock The cartel allegations against German carmakers could also have legal consequences in the USA. Throw three customers Volkswagen . Daimler and BMW to have violated US competition law, among other things with illegal agreements on prices and exhaust technology. The corresponding Complaint behind which the law firm Robins Kaplan stands ,… Continue reading US customers filed a class action lawsuit against German car companies
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