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  • Number plate “1” sells for record £7.4 million

    Number plate “1” sells for record £7.4 million

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    A new world record has been broken as someone paid the highest amount ever for the number plate “1” in the Middle East.

    An Emirati businessman placed a bid of 52.2 million dirhams, about £7.4 million, for plate number ‘1’ at an auction in Abu Dhabi. The owner was ready to bid up 100 million dirhams to acquire the plate.

    Buyer Saeed Abdul Ghaffar Khouri told local reporters from ArabianBusiness that he hadn’t bought the plate as investment but predicted its value would likely double within two years.

    Source photo: ArabianBusiness

  • Land Rover to refresh the Range Rover Sport

    Land Rover to refresh the Range Rover Sport

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    A revamped Range Rover Sport has been spotted during testing. The refresh will likely appear with the launch of the new V8 engine.

    The news comes as a surprise. However, the British star will slightly change. The spotted vehicle was sporting a new grille similar to the Freelander’s.

    The minor facelift will likely be launched at the same time as the new V8 engine. With a displacement of 5.0-litre, the new V8 will be offer either 350bhp or 460bhp.

    Click here to see all the pictures

    Source: Autoblog

  • Pagani Zonda R won’t be shown at Geneva

    Pagani Zonda R won’t be shown at Geneva

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    Pagani has announced it won’t launch the Zonda R at Geneva as it’s still waiting to sell the 10 planned cars.

    Only 10 of these supercars will be made but still the Italian carmaker encounters difficulties to get people to sign the check. Pagani needs to sell all the cars to cover the cost of the project. When done, it will be able to officially launch the Zonda R.

    The Zonda R is a sportier version of the normal Zonda whose power has been boosted to 750bhp. If you want one, it will cost you £890,000.

  • Leaked pictures of the new XC60

    Leaked pictures of the new XC60

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    Volvo planned to unveil the first official pictures of the new XC60 on wednesday, but once again an image gallery of all-new Swedish compact crossover was leaked into the Internet yesterday.

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    As expected the XC 60 exterior styling is very close to the concept car unveiled a last year’s Detroit Auto Show. The new XC60 features the new corporate design that will appear on all new future models. The boxy design is still present but the flat lines are replaced by long flatten curves.

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    On the inside, there is also a revolution as Volvo’s typical dashboard evolves by adopting a larger central console. The multimedia/navigation screen is integrated. The interior mixes beige leather and dark plastic panels in a way that only Swedish knows. The wood panels and aluminum trims achieve to convince that Volvo has nothing to learn from the German clique.

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    The final spec of the XC60 remains unknown. although it is almost certain that it will share its engines with the S40/V50 models. The entry level will be powered by a 1.8-litre petrol engine, likely to be followed by the excellent five cylinder unit. The topping range might be the 3.2-litre V6 engine seen on the Freelander as both vehicles share the same platform.

  • Daewoo opens a new factory to build gearboxes

    Daewoo opens a new factory to build gearboxes

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    Daewoo has opened a new facility to build automatic gearboxes at a large scale: 550,000 gearboxes per year. The factory is located in Boryeong, South Korea.

    The new factory will build 250,000 four-speed automatic transmission but the most interesting bit are the 300,000 six-speed automatic gearboxes expected to be built every year. The six-speed gearbox was featured for the first time on the new Tosca Premium 6 model last month

    The company expect to double the six-speed transmission by 2010.

  • Chrysler to resume production at Illinois plant

    Chrysler to resume production at Illinois plant

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    After a five-day close due to a mechanical glitch, Chrysler will restart production at the Belvidere plant in the US. The plant builds the Dodge Caliber, Jeep Compass and Jeep Patriot models.

    The plant will cut out 1,000 jobs in March. Chrysler removed one shift as a result of poor sales and tougher times ahead for the American carmaker. Built in 1965, the Belvidere facility employs 3,400 people.

    The factory was the production hub for the Dodge Neon sold on our shores under the Chrysler badge before building the current three models all based on the same platform.

  • Spyshots: future BMW 5-Series

    Spyshots: future BMW 5-Series

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    While celebrating the 5 millionth built 5-Series vehicle, BMW is working on the sixth generation 5-Series which was spied in saloon and estate forms in Germany.

    Under the project code F10, the German carmaker is readying the next 5-Series to take on the other members of the German clique but also Lexus and Infiniti on the American market. With the new model. BMW won’t go into the wild and the car won’t be as radical as the current generation was at its debut. The design is being overseen by BMW’s head designer, Adrian van Hooydonk. The new 5-series will be longer but will still be less than 200” long. In the meantime, engineers focus on weight reduction by using some aluminum in the construction.

    With the next 5-Series, BMW wants to match Mercedes in terms of embedded technologies. The car will feature an eight-speed automatic gearbox like Lexus. The executive saloon will embed, of course, the company’s Efficient Dynamics system.

    The engine range will be similar to the current model’s although it is likely that the next-generation will feature the new V8 that debuted on the X6 crossover.


    Click here to see all the pictures

  • Spyshots: next-generation Lotus Esprit

    Spyshots: next-generation Lotus Esprit

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    The eagerly-awaited next-generation Lotus Esprit has been spotted during winter testing in Sweden.

    This time, no covered prototypes but a an old Lotus Esprit body disguise which was likely featuring powertrain and platform of the next-generation Esprit.

    Secrecy surrounds the powertrain of the future coupé although company sources suggest the next Esprit will be powered by the BMW’s V8 that made its debut in the X6 model. With a displacement of 4.4-litre, this new V8 has an ouput of 420bhp in the X6. Under the Esprit bonnet, the V8 would likely be boosted up to 500bhp in order to take on the Lamborghini Gallardo and Nissan GT-R.

    The last Esprit in 2004 was powered by an in-house V8. Like the BMW’s V8, it was twin-turbocharged and offered 350bhp. The Esprit was able to shuttle from 0 to 62mph in less than 5 seconds.

    Source: Autocar and Leftlanenews

  • Renault to sign AvtoVaz Agreement in the next few weeks

    Renault to sign AvtoVaz Agreement in the next few weeks

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    The French carmaker will likely sign its partnership agreement with AvtoVaz in the next few weeks and will then become the third largest car group in the world.

    The alliance initiated by Renault will include Nissan , Dacia, Samsung and AvtoVaz and will build 7 million vehicles per year, overtaking Ford and sitting behind GM and Toyota.

    Carlos Ghosn said: “The bigger you are, the more you can invest and the more you can utilise in terms of common vehicle platforms, engines and transmissions, as well as production facilities and purchasing power, all of which makes you more efficient.”

    Renault’s strategy to take a share in other car makers instead of buying the whole business has proved successful in the last ten years. The French car maker grew from a vulnerable position to one of the biggest car maker in the world.

    Source: Just Auto (registration required)

  • Nissan to launch its in-house hybrid system under Infiniti badge

    Nissan to launch its in-house hybrid system under Infiniti badge

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    Nissan will launch its first in-house hybrid technology under the Infiniti brand by 2010 although the car to receive it has still yet to be decided.

    In an interview with Reuters, Nissan’s Executive Vice President Mitsuhiko Yamashita said costs justified to implement hybrid solution on the most expensive models. “it’s easier to absorb the cost of the system with more expensive cars.” he said.

    Yamashita said Nissan’s hybrid system would not be a good match for smaller cars, at least at the initial stage, because of its high cost. For smaller vehicles, Nissan would lean towards pure electric vehicles that would be driven short distances in cities, he said.

    Along the hybrid vehicles, Nissan is also working on introducing clean-diesel cars, for which development is being done by Renault. Yamashita said Nissan will offer the diesel alternative on bigger cars that travel long distances in the United States.

    This is a bold move for Nissan at at time when Toyota and Honda focus on slashing the cost of the hybrid system in the next year or two to spread it across mass-market models. Honda CEO Takeo Fukui said earlier he expected its hybrid cars introduced from 2009 to be almost as profitable as its conventional gasoline cars.