Wednesday, July 18, 2007

2008 Ferrari F430 Scuderia - 510Hp & 1,250kg

“FerrariDue to be unveiled by Michael Schumacher himself at the upcoming Frankfurt Show in September, the Ferrari F430 Scuderia is a no-compromise lightweight version of the F430 Coupe. Compared to the later the Scuderia has undergone a serious diet cutting off 100 kg – 220 lb thus reducing dry weight to 1,250 kg – 2,756 lb while the naturally aspirated 4.3-litre V8 has been tuned to 510 Hp @ 8500 rpm – up from 490 Hp. These numbers give us a weight-to-power ratio of just 2.45 kg.

Ferrari engineers also equipped theF430 Scuderia with a revised F1 gearbox, called Superfast that reduces gear change times to 60 milliseconds, whereas for the first time a new traction control system combines the E-Diff electronic differential and the F1-Trac traction and stability control in a single integrated system. Design-wise, the Scuderia has been "pimped" the Italian way with body stripes, carbon parts, delicious forked gold alloy wheels etc. Inside Ferrari added a pair of racing seats along with heaps of carbon-fibre. -High res image gallery and press release after the jump

Via: Eurocarblog

The Ferrari 430 Scuderia

Michael Schumacher will officially unveil the car at the Frankfurt Motor Show

The new Ferrari 430 Scuderia will join the road-going V8 line-up alongside the F430 coupe and the F430 Spider. The 430 Scuderia is a truly high-performance 2-seater berlinetta which demonstrates how Ferrari's Formula 1 know-how is carried across to its production cars.

The new model is a special series based on the F430 and is aimed specifically at Ferrari's most passionate and sports-driving oriented clients. Development focused on light weight, minimum trimmings and innovative technology. All this to exalt the car's extremely high-performance and ability to thrill the driver.

The new car can count on an extremely low weight-to-power ratio of just 2.45 kg per hp thanks to a low dry weight of just 1250 kg - 100 kg less than the standard F430, and to the naturally-aspirated 4308cc V8's 510 hp at 8500 rpm.

Superb performance both on and off the track is assured by a series of cutting-edge solutions. There is the latest F1 software - Superfast - which reduces gearchange times to just 60 milliseconds, and new traction control which, for the first time, combines the E-Diff electronic differential and the F1-Trac traction and stability control in a single integrated system.

Vehicle dynamics, control and performance thus represent the zenith of Ferrari's achievements in terms of developing road-certified sports cars. The 430 Scuderia will be officially unveiled by Michael Schumacher on September 11 2007 at the IAA Motor Show in Frankfurt.

Extra Features:

  • Forked Gold Rims
  • Carbon Fiber Mirrors
  • Double Stripes
  • Rear Challenge Grill
  • Carbon Fiber Steering Wheel w/Shift Indicator Lights
  • Carbon Fiber Binnacle, Shifter Paddles
  • Carbon Fiber Engine Bay Vents
  • Engine Bay Strut Supports
  • Carbon Fiber Diffuser w/Central 'Challenge' Exhaust tips
  • Racing Seats w/Mesh Inserts(EU Market Only)
  • 430 Scuseria Script on rear
  • Revised Front Wheel Well Scoops
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Official: 2008 Ford Kuga Crossover To Premiere In Frankfurt Show

“FordContinuing our “Frankfurt Show News Bulletin”, we managed to obtain the first official sketch along with the German press release on Ford’s highly anticipated mid-sized crossover model called Kuga. To put it simple, we’re talking about the production version of Ford’s Iosis X concept revealed at the Paris motor show last autumn. Evidently the Kuga’s styling is less dramatic than last year’s Iosis-X concept (see pics after the jump) but it still looks the part in our opinion. Of course we’re not overlooking the fact that this is a sketch and we all know that reality might be disappointing...

According to the press release the Kuga will be manufactured at Ford’s plant in Saarlouis, Germany which also produces the Focus and its MPV sibling, the C-MAX. Based on Ford’s mid-sized C1 platform (used on the Ford Focus / C-Max, Land Rover Freelander, Mazda3, Volvo S40 and V50), the Kuga will start its European career in early 2008 after appearing at the September Frankfurt Motor Show. The models that the Ford’s eyeing include the Honda CR-V, Toyota RAV4 even the Nissan Qashqai. -Continued: Click the article’s title or “Read More…” below

Sadly Ford avoided revealing any technical details in its teaser press release. However, we expect that the Kuga will be offered with 1.6-liter Duratec Ti-VCT and 2.0-litre Duratec petrol units delivering 125 and 140 Hp respectively along with the 1.8 and 2.0-liter Duratorq TDCi diesel units with an output of 125 and 140 Hp respectively. Maybe if we’re lucky, Ford might even add the ST’s 225Hp 2.5-liter turbocharged inline-5 into the range.

“Ford

German Press Release (Translated via Google so don’t expect any wonders…)

PS: If any bloggers need the original German or French Press Release e-mail us here

The model family of Ford OF Europe is extended at the beginning of of 2008 with Ford the Kuga by a new member. A Preview model of the series vehicle is already shown the press and the public on the Frankfurt motor show, which opens its gates on 13 September.

“With the introduction Ford of the Kuga we hold our automobile salon Paris on that 2006 given promise to develop in less than two years a new, stylistic fastidious new model basis much of the considered Ford Iosis X Concept Cars”, explain John Fleming, president and CEO von Ford OF Europe. Of Ford European Design team has its trailblazing “Kinetic Design” - stylistic idiom to a compact and unmistakable 4x4-Crossover-Modell transfer, which will supplement the model offer of Ford in the coming year.

“We recognized that image-conscious customers in this segment expect a very individual vehicle, which convinces by perfect road qualities likewise as by impressing Offroad abilities” describe Ford OF Europe Executive Design Director Martin Smith the concept. “The Kuga is in this segment a Solitär, because the optically responding “Kinetic Design” finds its correspondence in a handling on the road, like it our customers of models like Ford the focus, which S-MAX and the new Mondeo already know and expect”, adds Smith.

Ford Design team publishes likewise the first official styling design of the new model. “The Kuga is a vehicle with strong signal effect, and which we wanted to communicate to Smith also in our first official picture”, commentate. “We are the conviction that the time for an athletic and charismatisches vehicle is ripe. The Kuga goes in the same way new ways like price-crowned Ford S-MAX, to that the MPV segment new terrain opened.”

New Ford Kuga at the beginning of of 2008 will go in the Ford work into Saarlouis into production and starting from spring 2008 with the European Ford dealers will be available. “I am pleased about the fact that we can extend our constantly growing model offer in Europe with Ford the Kuga”, explain Fleming. “The Kuga corresponds to our goal of lending to our models by independent Design of more Emotionalität and the status from desire objects to. In this way we want to win new customers for the vehicles with the oval blue Logo. With Ford the Kuga we order over a product, an important contribution for the lasting success of the mark Ford will carry out.”

“Ford“Ford“Ford“Ford“Ford

Insiders: 2008 Audi A4 To Be Unveiled In Frankfurt

Ok, we might not have any scoop pictures or fancy CGI’s of the next A4, but we guess this piece of information maybe worth a bit more for all you Audi fans. You’ve probably heard the rumours but we’re in a position to validate them as we just received confirmation from our Audi insider that the third generation A4 Sedan will definitely make its appearance at the 2007 Frankfurt Motor Show in September. Interestingly, our insider also told us that Audi might unveil the new A4 to selected journalists one day before the show opens up its gates to the media. (Pic: Audi A5)

Video: 2007 BMW 335i vs 2008 Infiniti G37


The boyz over at Edmund’s Insideline compare two of the hottest luxury GT’s in the market today: the 2007 BMW 335i Coupe with Infiniti’s 2008 G37 Coupe. Don’t expect any power drifting scenes though as Insideline’s video is what we’d call, “a visualized version of a mainstream magazine comparison test”. Regardless if you agree or not with the verdict (we won’t tell you who won, see the vid!), we’ll give thumbs up to the folks at Insideline for managing to compress all their thoughts in just over four minutes. Besides, not everyone cares to see a couple of 300+ Hp rear-wheel drive luxury coupes drifting and burning rubber, do they...

General Carbuncle: A Ford Capri "Hazzardly" Toyed Around...

What do you get when you combine a Ford Capri coupe, more than 4,000 toy cars and artist with a fling for the Dukes of Hazzard? Answer: the “General Carbuncle”. We won’t pretend to understand the thoughts hidden behind the creation of Brit artist, James R. Ford so we’ll just lay out the facts and leave you to decide.

James Ford started this project in 2004 when he bought a used Ford Capri coupe in 2004 for a mere
£99 with the sole intention of completely covering it in toy cars in the appropriate colours (mainly red and orange) to pay homage to the famous “General Lee” Charger from the Dukes of Hazzard. Ford completed the car in late 2006. Interestingly enough, many people donated toy cars to help Ford out, including one person from as far away as Australia.

-Follow the jump to see more pictures along with highlights and interesting facts from the project

PROJECT HIGHLIGHTS

  • Buying a 2nd hand Ford Capri from eBay for £99
  • Pretending to be a toy shop owner to gain entry into the toy fair trade show at Earl’s court, in order to buy around 2,000 toy cars wholesale...
  • ...then having the laborious task of unboxing each individual car
  • Receiving decorated toy cars from places all over the world
  • Building a gazebo to protect the General from the wind and rain...
  • ...the gazebo being destroyed in weather and having to repair it with wooden sticks, tape and string
  • In September 2006 General Carbuncle was nominated, and eventually voted into, the Saatchi Your Gallery @ The Guardian exhibition in London, October 2006
  • Auctioning the sculpture on eBay, so that the process has come full circle

INTERESTING GENERAL CARBUNCLE FACTS

  • Number of cars to cover a door = 450
  • Number of cars to cover the bonnet = 1,000
  • Number of cars to cover the roof = 900
  • Estimated total to cover the entire car = 3,500 - 4,500 (approximations)
  • The most popular toy cars submitted have been T-birds and Double Decker buses.6
  • The furthest away that a donation has been sent from is Sydney, Australia.
  • The most unusual toy car donated has been a VW van with a pop-up "Kermit the Frog"
Via: generalcarbuncle

Audi To Launch Super Clean Diesel Units In Europe & USA From 2008

Audi announced today that it’s planning to present a new line-up of TDI diesel units starting off with a new 240 bhp 3.0 TDI unit for the A4 and Q7 from mid-2008. The German company characterizes the new range of TDI engines as the “cleanest diesel units in the world”. To accomplish this Audi’s diesel-engine development engineers incorporated a whole raft of measures into the latest TDI generation including new piezoelectric common-rail system with an injection pressure of 2,000 bar, an extremely efficient exhaust gas recirculation and optimized turbocharging.

Audi will kick off its newly developed TDI engine range with the three-litre V6 units in the A4 and Q7 from mid-2008 available both in Europe and the US. The new 3.0 TDI unit develops 240 bhp and a peak torque of 500 Nm in the A4 and 550 Nm in the Q7. Apart from the clean diesel line-up, Audi’s press release also includes details about the German car maker’s alternative fuel and hybrid strategy. -Press Release after the jump

Audi to launch the cleanest diesel in the world

  • Audi will be first manufacturer to meet future emissions limits
  • High-volume model series to include ‘e’ models in future
  • Integrated strategy cuts fuel consumption and emissions

From mid-2008 Audi will be putting the cleanest diesel technology in the world into series production. The new TDI engines with their ultra-low emission system combine the spontaneous performance and superior pulling power of today’s TDI power units with outstanding fuel consumption figures and incomparably low emissions. Indeed, they will already undercut the most stringent emissions limits that are to be applied in the future in Europe as soon as production starts. Just as the entire Audi range complied with the Euro 4 standard and the forthcoming Euro 5 emissions limits years in advance, the Ingolstadt brand is once again set to assume its role as the pioneer of groundbreaking technology.

For Audi, the trendsetting TDI engine is a core element of its integrated technology strategy. “We intend to consolidate the status of the TDI as a highly efficient form of propulsion on a sustained basis. And in future we will be launching ‘e’ model variants designed for optimised fuel consumption in the high-volume model series – either in TDI guise or as petrol models with state-of-the-art TFSI technology,” says Rupert Stadler, Chairman of the AUDI AG Board of Management.

Maximum efficiency is the recipe for success

“Audi is a trailblazer when it comes to diesel power. Since 1989, over 4.5 millions cars have rolled off the production line with the highly efficient TDI technology under the bonnet. By equipping the R10 TDI sports prototype with this technology, we have just won the 24 Hours of Le Mans with a diesel-powered car for the second time. The Audi R8 racing cars with TFSI petrol direct injection took victory on five occasions at Le Mans. We have been incorporating the key findings from the world of motorsport directly into series-production development,” emphasises Michael Dick, Board Member for Technical Development at AUDI AG. “By so doing, we are demonstrating how TDI and TFSI represent the ultimate in efficiency, driving pleasure and economy both on the road and on the racetrack.”

The latest TDI generation sees Audi reaffirm its leadership claim in the field of ultra-sophisticated diesel technology. When Audi started up series production of the first passenger-car TDI engine in 1989, it marked a key milestone in the advancement of automotive technology. Audi TDI soon became a byword for supreme pulling power plus maximum efficiency and, what's more, the pacemaker for the automotive industry as a whole. Even today, the spontaneous performance combined with extremely low fuel consumption achieved by the turbocharged direct-injection diesel engine remains unsurpassed by any other drive system under realistic conditions.

Consistent strategy throughout all model series

With its latest generation of TDI engines, Audi is now out to prove that this high-tech drive unit still has high potential and a guaranteed future: thanks to the optimised combustion process and the inclusion of an ultra-low emission system, these models comply with the BIN 5 emissions requirements in the US as well as meeting the toughest standards expected to come into force in Europe for the foreseeable future.

Audi is kicking off its consistent TDI strategy for 2008 with the three-litre V6 units in the Audi A4 and Audi Q7. Developing 176 kW (240 bhp) and a supreme peak torque of 500 Nm in the Audi A4 and 550 Nm in the Audi Q7, they boast the sublime dynamism combined with relatively low fuel consumption that is the hallmark of any Audi. Additional models will follow in rapid succession, with Audi seeking to extend the new technology to other vehicle classes and power categories by 2010.

Innovative technology for minimised emissions

This new technology from Audi takes the TDI principle of diesel direct injection with turbocharging that has been proven a million times over and launches it into a whole new dimension. To do this, the diesel-engine development engineers at Audi have incorporated a whole raft of innovative measures into the latest TDI generation: the new piezoelectric common-rail system with an injection pressure of 2,000 bar, the extremely efficient exhaust gas recirculation and optimised turbocharging bring about a dramatic cut in untreated engine emissions. One of the highlights are the combustion chamber sensors that enable even more precise regulation of the combustion processes in the engine – this is the first time that such sensors have been fitted on any engine in the world, marking yet another Audi innovation.

The status of the new-generation TDI as the definitive clean-running, high-tech diesel is sealed by the downstream ultra-low emission system which reduces nitrogen oxide emissions by up to 90 percent. The ultra-low emission system runs on a biodegradable additive in the form of a solution called AdBlue. Tiny doses of this solution are injected upstream from the DeNOx catalytic converter. The ultra-low emission system as a whole comprises the catalytic converter, the metering module, the AdBlue tank and heated lines, as well as an extensive system of sensors. The comprehensive emission control system is rounded off by the separate two-way catalytic converter and the highly efficient, electronically controlled diesel particulate filter.

Great potential for reducing fuel consumption all around the world

Thanks to their extremely low emission levels, these cutting-edge direct-injection diesel engines can be put into service anywhere in the world, even in the US state of California where the most stringent emissions limits are enforced. Compared to the average fleet consumption of petrol engines typically fitted in the USA, the TDI offers a fuel saving of as much as 35 percent. As a consequence, diesel technology can make a greater contribution to reducing the consumption of fossil fuels and emissions of environmentally harmful greenhouse gases than any other form of propulsion currently available. Audi will be marketing these new models in the USA and in Europe from the second half of 2008.

Extensive package for cutting CO2 emissions

Perfecting the TDI forms part of Audi's integrated technology strategy for further reducing emissions of CO2 and other harmful gases from all models. Apart from this, Audi is also counting on the tremendous potential held by its sophisticated combustion engines: with their direct-injection technology and turbochargers, the TFSI petrol engines – just like the TDI powerplants – distinguish themselves even today by virtue of fuel consumption figures which compare favourably to the competition.

As a result of this strategy, many Audi TDI and TFSI models will in future deploy an innovative power management system which capitalises on coasting and braking phases by recuperating and storing electrical power. Furthermore, a next-generation start-stop system is currently being developed which lives up to Audi’s standards of comfort.

High-volume model series to include ‘e’ models

Meticulous refinement throughout the entire vehicle also helps to significantly reduce fuel consumption. Optimised rolling resistance, a further reduction in air drag, specially tuned gear ratios, reduced friction and redeveloped ancillary units are just a few of the devices used by Audi to continuously enhance the efficiency of its entire model fleet. With their high torque at low rev speeds, the turbocharged, direct-injection petrol and diesel engines from Audi come with the ideal credentials for an optimised gearbox set‑up that enables the vehicle to be driven with the engine running at its most efficient.

The success of this strategy is exemplified by the ‘e’ models which are already in series production. Take the current Audi A3 1.9 TDI e, for instance, with its exemplary standardised fuel consumption of just 4.5 litres/100 km (overall) and CO2 emissions of 119 grams per kilometre. In future, Audi will be enlarging its range of extra-efficient models considerably and offering both TDI and TFSI versions of ‘e’ models in the high-volume model series.

Hybrid systems for a number of models

Nevertheless, there may also be a call for a hybrid system designed for individual markets and to meet specific requirements. Audi is developing hybrid systems for a number of model series and will put them into series production wherever it sees this as producing significant benefits for customers. Audi unveiled the Audi Q7 hybrid study with an electric motor integrated into the driveline between engine and gearbox back in 2005. Designed as a “full” hybrid, as it is known, the Audi Q7 can run on either the petrol engine or the electric motor alone or be powered by both in unison. During phases when the vehicle is coasting or braking, kinetic energy is converted into electrical energy, fed to the battery and then transformed into propulsive power as and when required.

Integrated approach for better fuels

Fuels have a decisive role to play with regard to future reductions in CO2. Apart from ethanol or natural gas, the primary energy sources in question here are the next-generation fuels extracted synthetically from biomass or natural gas. These customised fuels improve the combustion processes inside the engine, resulting in a far healthier emissions balance sheet.

Of particular interest in this respect is SunFuel which is made from biomass. When this fuel combusts, it releases no more carbon dioxide than the plants which went into making it would have extracted from the atmosphere beforehand. The first facilities for industrial-scale production of these fuels are currently being built. Audi is giving its full backing to this integrated approach for better fuels under the umbrella of the Volkswagen Group.

Alternative fuels

Alternative fuel types are gaining in importance around the world. Natural gas, for example, is being used increasingly in a number of countries as a more cost-effective energy source with a lower CO2 content. Here, Audi has devised a concept for using CNG (Compressed Natural Gas). It is based on the TFSI engine and retains such strengths as its mighty pulling power even when running in natural-gas mode. The reduction in CO2 emissions of up to 20 percent in CNG mode can therefore be enjoyed without having to compromise on driving pleasure in any way. Moreover, the ingenious packaging still allows full use to be made of the luggage compartment and the vehicle's versatility despite the addition of the natural gas tank.

The same applies to the ethanol drive system from Audi. It is designed to run on fuel consisting of up to 85 percent ethanol – again without any loss of dynamism or sportiness. And yet, the CO2 output of such a drive system is around 75 percent lower when running on second-generation bioethanol than when it is burning conventional petroleum-based fuel.
The driver’s crucial influence

Audi will continue to demonstrate its renowned “Vorsprung durch Technik” to the customer with all manner of technical solutions. It goes without saying, however, that it is the drivers themselves who bear a large part of the responsibility for driving in a manner that burns less fuel. The individual driving style can influence fuel consumption and, as a result, emissions by as much as 30 percent – without any great difference in speed or dynamism. Driver awareness and attentiveness are the decisive factors here. Audi will additionally provide support systems that help drivers modify their driving style for optimum fuel consumption. One example of such a driver aid is the gearshift indicator that is already included as standard on the e models and the new A5 and displays the optimum gear for the current driving situation.

Extra efficiency at the push of a button

Audi has already unveiled a vehicle that gives drivers the option of selecting an especially fuel-efficient mode for certain situations at the push of a button with its Cross Coupé quattro study. In the “efficiency” mode, the engine and the gearbox mapping are switched over to a more economical operating programme, the power draw of the main consumers and comfort modules is restricted, and the cruise control system is programmed to give priority to low fuel consumption. This mode is selected intentionally by the customer and is accompanied by a slight reduction in both power and comfort. Apart from this, as the navigation system's road data becomes even more precise in future it will be used for particularly economical routing and vehicle guidance.

With the help of its clean-running diesel power units and integrated efficiency strategy, Audi is set to hone the sporty and elegant character, the sense of driving pleasure and the high-class quality of its models whilst continuing to reduce their emissions.

Update: Kia’s 2007 Frankfurt Show Line-Up

As promised, we made a few calls here and there to try to learn a bit more about Kia’s 2+2 Coupe Concept that we revealed earlier today. Unfortunately, our Kia source told us that although Korean execs informed him about the Coupe last night, they were as vague about it as the press release. However our source confirmed that apart from the Coupe, Kia will unveil the production version of the pro cee’d concept (3door Cee’d) along with a new Hybrid car. And yes you guessed it; once again, Kia officials anally avoided giving out specific details about the Hybrid car so all we can do for the time being is speculate.

AC Schnitzer MINI Cooper S R56

«ACBMW Group specialist, AC Schnitzer –how about a pimped Rolls boyz?, has released a new performance and cosmetic package for the second generation (new) MINI Cooper S. In a nutshell, the German based tuner’s package includes a bodykit, bi-colour 17 or 18-inch alloy wheels, a suspension spring kit and interior accessories. Later on the year AC Schnitzer will also introduce a performance upgrade kit that’ll hand a few more ponies to the Cooper S’s 170Hp twin-turbocharged, 1,6-liter engine. -See AC Schnitzer’s full press release along with the image gallery after the jump

Via: Le Blog Auto , Source: AC Schnitzer

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PRESS RELEASE

MINI goes V/Max: AC Schnitzer gives the new generation more power and stunning looks

Retro but not old-fashioned – sassy and practical – authentic but no copy: Few cars have mastered the balancing act as well as the new MINI, the latest generation of which is now in the showrooms. In design terms it remains true to its predecessor, but doesn't stop there technically. In detail no MINI looks like the next, because individuality takes priority amongst its owners.

Anyone wanting to stand out from the crowd of MINI owners, not just in appearance but also in performance, should turn to AC Schnitzer. The present focus of the tuner's development activities is the new 170 HP turbo engine in the Cooper S, for which AC Schnitzer develops a performance upgrade. And when the driver puts the power down, the sound track plays loud and clear, thanks to the sonorous twin sports silencer with chromed Racing tailpipe.

Full gas to the next corner – and through it at full speed! Touring Car legend Manfred Wollgarten set up the AC Schnitzer racing suspension on the North Loop of the Nürburgring - and it runs rings round the already very good standard suspension. You can feel the difference just with the AC Schnitzer suspension spring kit. But back from the track to the city: Out of the reflective glass facades flashes the face of a model athlete. AC Schnitzer achieves this masterpiece with a few tricks. The front bumper has a new front spoiler. Painted in body colour, and with its striking prominent corners, it sets a clear visual highlight. The sassy rear has also been subtly lifted. The rear skirt from AC Schnitzer, painted in contrast to standard, has a diffuser which effectively pulls the MINI down to the tarmac.

Two sporting wheel designs, the brand-new Bicolor wheel Mi2 in 7.5 x18" and the Mi1 in the classic AC Schnitzer look in 7.5 x 17", complete the sporting range. And naturally the enthusiastic MINI fan has a wealth of matching accessories for the interior. Such as the attractive controls and sports pedals of aluminum – naturally from AC Schnitzer.

Honda To Create New Brand In China - First Model To Be Introduced In 2010


Honda’s manufacturing joint venture in southern China, Guangzhou Honda Automobile Co, officially announced its plans to develop a car that will be marketed under an all-new brand. This is the first time that a foreign car venture will develop and market a product under a separate brand in China.

To accomplish this, Guangzhou Honda, the Japanese car maker's tie-up with state-run Guangzhou Automobile Group announced the establishment of a wholly-owned Research & Development (R&D) subsidiary in China at the Guangdong Province. Honda’s Chinese joint venture will invest approximately 2 billion R.M.B. (about $265 million or €192 million or 30 billion yen), to build the automobile R&D facility accompanied by a full-scale high-speed test course. The newly formed brand will present its first product in the Chinese market in 2010. -Follow the jump for the press release

Press Release: Guangzhou Honda to Build a new Automobile R&D Center

GUANGZHOU, China, July 18, 2007 – Guangzhou Honda Automobile Co., Ltd. (GHAC), Honda’s automobile production and sales joint venture in China, announced the establishment of a wholly-owned R&D subsidiary in China. With an investment of approximately 2 billion R.M.B. (approximately 30 billion yen*), the new Honda subsidiary, Guangzhou Honda Automobile Research & Development Co., Ltd., will build an automobile R&D facility accompanied by a full-scale high-speed test course. The company will develop a new automobile product which will be marketed under an original brand of Guangzhou Honda targeting the start of sales in 2010. * Calculated based on the exchange rate of 1 R.M.B.= 15 yen

This new vehicle, which will be a unique product that incorporates various needs specific to the Chinese market, will be developed primarily by the R&D subsidiary of Guangzhou Honda while receiving support from Honda R&D Co.,Ltd. To market this vehicle, Guangzhou Honda plans to use an original Guangzhou Honda brand, which will be differentiated from the Honda brand. This will be the first time a joint venture company of a foreign automaker will develop and market a product under an original brand of the joint venture company in China.

Since the start of production in 1999, Guangzhou Honda has been steadily establishing a business foundation in China through various efforts including: expanding production capacity consistent with increasing sales, increasing local content, and strengthening of the dealer network. The establishment of an R&D center in China represents the company’s commitment to achieve greater autonomy in the area of R&D, in addition to production and sales, to position the company for further growth in the future as a joint venture company deeply rooted in the local market.

Honda has been at the forefront of other companies in introducing new concepts to the automobile industry in China, which began full-fledged growth in the late 1990s. These achievements include: local production of the latest model Accord in China with Guangzhou Honda, establishment of China’s first dedicated automobile dealer network which integrates sales, service, service parts supply and customer service, and China’s first full-scale export to Europe of passenger vehicles produced at the Honda Automobile (China) Co., Ltd plant, which is dedicated exclusively to exports. Now, Honda again takes on a new challenge of developing a new product under an original brand of a joint venture company in China.

About Guangzhou Honda Automobile Research & Development Co., Ltd.
  • Established: April 2007
  • Capital Investment: 180 million R.M.B. (approximately 2.7million yen)
  • Capitalization Ratio:100% Guangzhou Honda Automobile Co., Ltd.
  • Initial Investment: Approximately 2 billion R.M.B. (approximately 30 billion yen)
  • Representative: Shoujie FU, Chairman
    Toshinobu HATA, President
  • Location: Guangzhou, Guangdong Province
  • Lot Size: Approximately 6 million m2
  • Facilities: Automobile R&D facility and test course

Kia Sports Coupe Concept To Be Revealed In Frankfurt Show

Carscoop_Kia CoupeNow this certainly wasn’t something that we were expecting; an all-new coupe concept by Kia that will premiere at the Frankfurt Show in September. The Korean company is being quite secretive for the moment but they did reveal that the new concept car, whose name remains hidden at present, is a 2+2 coupe manufactured in Europe and conceived by Kia’s design team in Europe under the guidance of Chief Design Officer, Peter Schreyer. We’ll do our best to dig out more info on the sports coupe concept and update you later on the day.