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Holland, Michigan, US
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News watch December 2010: today's auto industry news
Sun, 31 Oct 2010Welcome 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-hourFriday 31 December 2010• A judge in Manhattan has dismissed two lawsuits from hedge funds claiming for $2bn losses when it bought VW shares in 2008. Elliott Associates LP, Black Diamond Offshore and 39 other funds filed a complaint, claiming Porsche misled short-sellers who hadn't realised that Porsche had cornered the market in VW shares (Automotive News)Thursday 30 December 2010• Volvo plans to hire an extra 200 staff as it claims demand for its cars is rising.
Lotus's new 2010 Elise dips below 150g/km of CO2
Fri, 09 Apr 2010By Tim Pollard First Official Pictures 09 April 2010 07:53 The new facelifted 2011 model year Lotus Elise has cut its CO2 output by nearly a fifth to a saintly 149g/km.It's a 16% improvement over the outgoing Lotus Elise S and Hethel claims 'the Elise has the lowest CO2 for its performance level for any gasoline sports car in the world.' Lotus is getting combative with the new Elise, pointing out that the Elise weighs just 876kg – while the Porsche Boxster sends the scales spinning to 1334kg.So how come the new Lotus Elise is so clean?The aerodynamics are 4% smoother, according to Lotus, while a smaller Toyota 1.6-litre VVT-i engine is downsized by 200cc compared with the outgoing 1.8, yet produces the same power.The new 2011 model year (but on sale now in 2010) shows the benefits of lightweight: it'll hit 60mph in 6.0sec.
Renault Twingo Renaultsport (2008): first official pictures
Thu, 31 Jan 2008By Tom Clarkson First Official Pictures 31 January 2008 18:17 Renault today unveiled its new 133bhp Twingo RS in Paris - with a little help from F1 stars Fernando Alonso and Nelson Piquet Jnr, who were in town for the launch of their R28 F1 car. The Twingo RS has a naturally aspirated 1.6-litre engine that produces 20bhp more than the 1.2-litre turbo of the Twingo GT. There are cosmetic differences between the two cars as well, such as extended front and rear wings, a rear spoiler and a lower front bumper on the RS.