• 10Dec
    Categories: News Comments: 1

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    Spyker Cars, a Dutch luxury car maker, has posted a 72M Euros loss for 2007. The cause, they say, was in the sale of their Formula One and car business as well as GT racing activities. According to CEO Victor Muller, “2007 was a dramatic year, the likes of which the company had never seen before and which we would like to leave behind us as soon as possible.”

    This year maybe better. The company has also received a loan and capital contribution from Snoras Bank in Lithuania resulting in a remarkable turnaround in the first quarter. According to them they were able to produce 12 cars and sell 18 this first quarter and they’re expecting even better sales in the next one. On the third quarter, the Spyker C8 Aileron model will go into production.

    Source

  • 10Oct
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    According to the European Automobile Manufacturers’ Association (ACEA), new European car registrations went down by  9.5 percent in March. This was mainly due to the recent rise in oil prices, and uncertainty in economic stability. 

    The European car manufacturer most affected was Germany’s Volkswagen group: their sales fell by 12.5 percent. Included in the failing groups are: Fiat, Daimler, Ford along with France’s PSA Peugeot Citroen Group and Renault. 

    “In a context of economic uncertainty generated by the US financial crisis, car sales in Western Europe were affected most by the decline,” the ACEA said, noting that the early Easter holiday break also had hit car sales.

    The only European car maker that made an increase in sales was Munich-based BMW.

    Source

  • 15Jan
    Categories: News Comments: 0


    Volkswagen, The largest carmaker in Europe, is predicting that its worldwide sales will increase by five percent this year.

    The German car manufacturer made this bold prediction after it posted record deliveries last year, mostly due to the marked growth of the car market in China and in other emerging countries. Officially, the company posted a sales increase of 14 percent in 2010, a figure that is nothing to scoff at. With anticipation that growth in sales in countries like Brazil, india, Russia and China will continue, the company is banking on this to further narrow the gap that separates it from Toyota as one of the most profitable car makers in the world.

  • 10Dec
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    What’s keeping France and Germany in making up their minds about the proposed EU limits on CO2 emission from cars? 

    According to an anonymous diplomat, “There are signs that they are very near to an agreement.” What makes these talks important is that since both countries are major-car makers, their deal might become the position for other EU states. 

    France carmakers have small vehicles, which makes it easy for them to follow the EU’s CO2 restrictions. German carmakers on the other hand are lobbying for an extended three-year deadline because their luxury car models emit the most emission than any other car. 

    EU environment ministers are due to discuss the issue when they meet in Slovenia on Friday and Saturday.

    Source

  • 10Oct
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    nullEuropean Car Magazine whipped out a Meguiar press release debunking everything you thought you knew about washing your car.

    The article mentioned a lot of how we kill our loving cars everyday without knowing it. Here are just two out of the twelve myths we discovered:

    Myth 1: Dishwashing detergent is safe to use as car wash. It’s either we’re all too cheap to buy our hard-earned car, that we use a cheap dishwashing liquid to clean it or we’re too lazy to go out and buy a decent car washing liquid.

    Myth 11: Lighting a hood on fire, without damaging the paint finish, proves the protective qualities of a car wax. The one who started this must be crazy. The paint finish is not at all affected by the flaming alcohol anyway.

    Source

  • 10Sep
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    nullWith a budget of €50 million, 56 partners, and co-funded by the European Commission, PReVENT is the largest road safety research project ever launched in Europe.

    One of their long range goals is to create an uncrashable car. Although, still in its theoretical stage, it could become a reality soon. They have various sub projects, but two has received attention: the APALACI and COMPOSE.

    The APALACI system makes the car react faster than the driver. Examples of how this system works is through controlled braking maneuvers, controlled activation of the occupant restraint systems or pre-arming airbag systems.

    The COMPOSE on the other hand, aims more at keeping al the occupants safe. What it does is apply the brakes if a pedestrian steps onto the road, or extend the bumper, and raise the bonnet to enhance occupant protection.

    Source

  • 10Aug
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    nullIt’s interesting to know that an oil rich country in the gulf is interested in an environmentally friendly car.It’s been reported that Renault CEO Carlos Ghosn has stated that they are under negotiations to launch an electric car within a Gulf state. The company plans to roll out an electric-powered vehicle by 2010.”The electric car of the past was huge with a big battery … Today [they have] very attractive designs. [They are] sexy cars with attractive designs with no emissions,” he said.”An electric car has to be at normal cost or lower … [the] battery and electric charge has to be cheaper than gasoline. At 120 dollars per barrel, it will be very easy,” he added.Source

  • 10Feb
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    nullOne observation was made at the 2003 North American International Auto Show. The Japanese manufacturers are going out with a swarm of new trucks and SUVs, and the Big Three. Detroit are finally rediscovered cars. European automakers have been building high-quality, fun-to-drive cars all along, and debuts at this year’s show reaffirmed Europe’s expertise in this area.

  • 10Jan
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    nullThe Salon de Geneve has always been one of my favorite auto shows on the circuit It’s relatively small, allowing for easy traverses from one side of the show to the other for press conferences, and it is the international host for the majority of concept vehicle debuts, giving it an extra dramatic flair.

  • 10Dec
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    nullThe unofficial prize for the most adventurous car at the Geneva show went to the speed . The tuning company best known for its Porsche conversions has created an amphibious concept that is parts of the sports car, part boat and part hydrofoil. The transformation is a complex hydraulic mechanism.