Markets around the world are down, down, down, down and down.
At the time of this writing, the Dow Jones Industrial Average is down roughly 650 points on Monday, which is more than 1,500 points off of where we were at the beginning of August. A lot of the run is fueled by fears that China is tapering off its growth (or they’ve been making it up for a while) and that Europe is tinkering on the brink of sinking into another recession. Read More >
Reuters is reporting that Buick will import most of its new models to North America from China and Europe by 2016. Only the mid-size that will eventually replace the LaCrosse and the large Enclave crossover will be built in America, both in Michigan.
Other Buick models, including the coming Cascada convertible and the small crossover Envision would come from Europe and China respectively. Production of the Verano would shift from Michigan to China, the next-generation Regal would come from Germany instead of Canada, and the Encore would continue to be assembled in Korea, but would eventually shift to China, Reuters reported from an unidentified source.
Mercedes-AMG took the wrapper off its dual-flavored C63 AMG Coupe on Wednesday — and to quote the great Denny Green: “They are who we thought they were.”
The Affalterbach duo was shown online after weeks of teases and official photo “leaks” two days ago. The only surprise left were the official specs of the coupes, which were close to what many people predicted.
The C63 “normal” will boast 476 horsepower and 479 pounds-feet of torque, while the C63 S will bump up to 510 hp and 516 pounds-feet of twist. Earlier estimates, based on the C63 sedan, were pegged 6 and 7 horsepower fewer, respectively. And curb weight, provided you’re a 150-pound human, with 15 pounds of cargo and nearly a full tank of fuel (I love how specific Mercedes can be) is 3,968 pounds for the C63 and 3,935 for the C63 S. (Unladen, the C63 and C63 S is 3,802 pounds and 3,769 pounds, respectively.) Read More >
Audi’s first production electric car will be a crossover to fight the Tesla Model X, the German luxury carmaker said Wednesday.
Concept drawings and initial specifications released by Audi detailed their crossover that is powered by three electric motors — borrowed from its R8 e-tron concept car — with a proposed range of over 300 miles. According to Audi, the crossover, which is called the “e-tron quattro concept,” would slot between the company’s 182.6-inch Q5 and 200.3-inch Q7. Tesla’s Model X is 197 inches long.
The crossover’s lithium-ion battery would give the car a range more than 300 miles.
Cadillac CEO Johan de Nysschen said future Cadillac cars in the U.S. will have diesel powertrains, Automotive News is reporting (via Autoblog).
De Nysschen told journalists that oil burners would make their way to the States after they’re launched in Europe, presumably around 2019. He said engineers at Cadillac were working on 4- and 6-cylinder models, but wouldn’t specify what cars those engines would power.
Audi, BMW and Mercedes offer diesel power plants in their compact or mid-size sedans that would compete with the theoretical Cadillac.
The resurrected Swedish automaker producing electric 9-3s with a Saab badge signed an agreement with Dongfeng Motor Corporation to help stay afloat, GoAuto in Australia is reporting.
National Electric Vehicle Sweden, the Chinese company that purchased the remains of Saab after its parent company Spyker went bankrupt, announced that it would distribute electric cars in China with automotive giant Dongfeng and add a production facility there, the report details.
In return, NEVS will supply Dongfeng with engineering standards to help it meet safety standards in Europe and North America.
Germany’s Nurburgring Nordschleife will be reopened next year for manufacturers’ bragging rights after officials announced Tuesday that the track’s speed limits — added after a crash during a race killed a spectator in March — will be lifted, PistonHeads is reporting.
Track officials also announced they would be smoothing some parts of the track to keep cars from launching into the air, including the section that launched a Nissan GT-R GT3 into a crowd in March, and keeping spectators from certain areas of the track.
The track may be open for full-speed testing in 2016.
Leaked photos of the Mercedes-AMG C63 Coupe from a presentation have found their way onto the Web, from Zero2Turbo (via Carscoops).
The photos are in line with the official photos of the coupe we saw this weekend, and earlier “leaks” from Mercedes-AMG’s official Facebook page.
The coupe will likely follow the sedan and offer 470- and 503-horsepower versions of their 4-liter turbocharged V-8 shifted through a 7-speed dual-clutch transmission. The car will be shown to the public at the Frankfurt Auto Show in September and unveiled online August 19.
The British government is continuing on with a study of inductive charging on England’s busy A roads a reality, reports the BBC (via Gizmodo).
Feasibility of the technology hasn’t been fully proven as of yet, but England is getting one step closer by tendering bids for off-road trials. If off-road trials are successful, you might be able to drive long distances across the UK without needing to stop to recharge. The trials are expected to take 18 months from 2016 to 2017.
Elon, you might soon lose your killer app.
TheDetroitBureau’s Paul Eisenstein has a fine piece of reporting that the next-generation of BMW’s iconic M3 will have a hybrid, plug-in powertrain — a first for the performance sub-brand. Eisenstein says internal sources provided the information.
According to the report, the rear wheels would be driven by the gasoline engine, which could be the M3’s current boosted six — or even perhaps an ultra-potent four. Up front, one or two electric motors could power the forward wheels. Eisenstein’s story points out that by using tandem electric motors, the M3 would have baked-in torque vectoring that engineers could exploit for handling performance.
If the report is true, that E36 M3 you passed up on Craigslist eight years ago will soon be worth eleventy billion dollars. Read More >
Volkswagen may build a three-door version of its compact crossover to compete against the Mercedes-AMG GLA45 and Audi RS Q3 because hot hatches are now hot crossovers, Autocar (via AutoGuide) is reporting.
According to the report, the Tiguan R would be powered by the Golf R’s 300-horsepower turbocharged four. It could go on sale as early as 2018 in the UK. It’s unclear if it would go on sale in the U.S. around the same time. Read More >
Cadillac likely won’t push to sell more cars in Europe before 2020, the company’s CEO Johan de Nysschen told analysts on Tuesday.
“We’ll go to that market when we have the right powertrains and the right cars,” he said Tuesday, according to the Detroit News.
Previously, Cadillac had planned some right-hand drive models and diesel powertrains to help it gain a foothold in European markets. According to the report, Cadillac has sold only 838 cars in Europe so far this year. Cadillac wants to sell 500,000 cars globally by 2020, de Nysschen said.
Bentley’s upcoming SUV, dubbed Bentayga, may be shown here in all its 1:18-scale glory in leaked photos released by CarNewsChina.com.
If the photos — reportedly from a Chinese toy company — resemble the final figure for the luxury automaker’s SUV, which is partially based on architecture from Audi’s Q7, that is exactly what a Bentley SUV should look like. It’s like the automaker rolled Silly Putty on a Flying Spur and pulled it from the top and the back.
The SUV is slated to go on sale in 2017 and will be unveiled at the Frankfurt Auto Show in September.
Police in Helsinki are asking residents to skip the fare and call the cops if they spot an Uber driver within city limits.
Cops sent out a tweet Friday asking people to call emergency services (112 if you live in Finland, apparently) so authorities could have a chat with the enterprising driver. It’s illegal to operate a cab without a license, according to the Helsinki Sanomat (via Slashdot via Jack Baruth), and police are using citizen reports and even sting operations to crack down on the drivers.
It’s unclear if police are arresting or fining the Uber drivers.
Finally, BMW got my letter that the folding hardtop in its 4 Series convertible didn’t leave enough room for my tour bag and comically gigantic TaylorMade R15s, so they’re ditching the whole thing, German site Bimmertoday is reporting (via Road and Track and Automobile).
The convertible hard top can weigh roughly 500 pounds, Automobile reports. Cutting back to a soft top could shed some of that weight and spare space in the the trunk.
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