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News watch March 2011: today's auto industry news
Thu, 31 Mar 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Thursday 31 March 2011• US President Barack Obama has strated all US government cars and trucks purchased from 2015 must be alternative-fuel vehicles (Automotive News)• Nissan CEO Carlos Ghosn has denied a report in Japan's Nikkei newspaper that he is leaning towards a formal merger of Nissan and Renault (Reuters)• Fiat CEO Sergio Marchionne says that Chrysler's share IPO may now take place in 2012, depending on financial progress this year (Bloomberg)Wednesday 30 March 2011• Tesla CEO Elon Musk has called a report that the EV carmaker is a takeover target 'bad analysis' and remains confident the firm will stay independent (Bloomberg)• The BBC denies that it rigged a December 2008 Top Gear TV test of the Tesla Roadster, in response to being sued by the EV carmaker (BBC News)• First Group, the UK's largest public transport operator, has announced a £160m investment in new buses, ordering 955 new buses from UK manufacturers Wrightbus and Dennis over the next two years (BBC News)• Japanese production woes look set to continue into April. Toyota expects the majority of Toyota and Lexus production on 14 April (Automotive News)• Saab production has re-started again, following a half yesterday afternoon.
Buick Encore video gives us a proper look at the Opel / Vauxhall Mokka
Fri, 20 Jan 2012Buick Encore video previews the new Vauxhall Mokka The Vauxhall/Opel Mokka may not arrive until Geneva 2012, but we get a good look at what’s on offer in this Buick Encore video. The whole ‘World Car’ phenomenon that’s sprung out of the mire of the financial woes of the US car industry does lead to a few anomalies. Like the Buick Encore being revealed in the States whilst Europe has only had a couple of photos of the Opel / Vauxhall Mokka ahead of its debut at the 2012 Geneva Motor Show in March.
Fisker expects to partner with automakers
Sat, 08 Dec 2012Fisker Automotive's CEO, warning of the pitfalls facing independent small automakers, says the luxury plug-in hybrid manufacturer is poised to partner with other automakers next year. Tony Posawatz, Fisker's CEO and former chief engineer of the Chevrolet Volt, told Automotive News that Fisker is in talks for three potential deals in which executives at the "highest levels" of the companies involved are "talking specifics." "We are absolutely committed to making this company win longer term, and the history of smaller companies living on their own in the automotive business is not stellar," Posawatz said in an interview. "We are not going to go it alone." Posawatz said alliance deals could be completed within the next year.