Filed under: Technology , Lotus Back in the Nineties, shortly after Lotus introduced the original Elise, the company made it known that its new sportscar platform was designed to be easily adapted to different applications - including different powertrains. Companies that were interested in a platform for a niche products using their own powertrains were welcome to contract with Lotus for use of the Elise’s underpinnings. Over the years, it spawned several race and concept cars, to sa
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At an Automotive Press Association luncheon in Detroit, Consumer Reports announced that FoMoCo secured its position as the only Detroit automaker with world-class reliability. The publication said that of 51 Ford, Mercury and Lincoln vehicles tested, 46 had average or better reliability. Consumer Reports said that other than the Toyota Prius, the reliability of the 4-cylinder Fusion and Milan ranks higher than that of any other family sedan. Both sedans continue to beat the Honda Accord and To
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Hyundai mulling Assurance Program extensionBy Drew Johnson Hyundai’s “Hyundai Assurance Program” has proven to be a smash success — allowing for customers to return a car if the suddenly lose their income — prompting the Korean automaker to consider an extension of the program. Following Hyundai’s launch of the Assurance Program, automakers such as General Motors and Ford launched variations of their own.Hyundai North America CEO John Krafcik revealed to Reuters on Wednesday that the
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| Sourced From Bloomberg.com |Oct. 13 (Bloomberg) — Toyota Motor Corp., the world’s largest seller of hybrid vehicles, said potentially valuable emissions credits that California plans to give to utilities for supporting rechargeable cars should go to automakers instead.Carmakers absorbed the costs to develop advanced vehicles to meet state requirements, Kevin Webber, Toyota’s U.S. general manager for regulation and certification engineering, said in comments filed last week with the California
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GM considering expanding SAIC ties into IndiaBy Drew Johnson With more established auto markets not showing any signs of sales growth, most of the world’s automakers are focusing their efforts developing regions. General Motors already has a strong presence in China – thanks to a tie-up with China’s SAIC Motor Corp. – and is now said to be taking aim at the Indian market.General Motors has reportedly begun talks with SAIC to expand their operations into India. The move would see SAI
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