August 2012

Ford breaks ground on $760 million assembly plant in China

(August 29, 2012) HANGZHOU, China — Ford broke ground today on its state-of-the-art assembly plant in Hangzhou, which will double production capacity in China to 1.2 million passenger cars annually by 2015.

As part of its largest expansion in 50 years, Ford and its joint venture Changan Ford Mazda Automobile (CFMA) will invest $760 million in the new plant, bringing Ford's total investment in China to approximately $4.9 billion since 2006.

Ford to make Lincoln cars available in China by 2014

(August 29, 2012) BEIJING — Ford announced this week that it will begin marketing its Lincoln luxury brand in China. New Lincoln products will begin to be sold in China in the second half of 2014 through an independent dealer network. The company begins meeting with dealers interested in being part of Lincoln’s growth in China in the fourth quarter of this year.

2014 Mazda6 revealed at Moscow auto show

(August 29, 2012) MOSCOW — Mazda has finally revealed its all-new 2014 Mazda6. It made its debut Tuesday at the Moscow International Auto Show. The new mid-sized sedan will be sold around the world with sales in the U.S. to begin sometime early in 2013.

Nissan seeks to double Russian market share, triple annual sales by 2016

(August 28, 2012) ST. PETERSBURG, Russia — Growth in Europe's strongest car market is key to Nissan's global expansion, and raising output at Russian factories such as St. Petersburg will be essential.

Nissan targets a near doubling of market share in the nation of 140 million to at least 10 percent by 2016, and that means a tripling of annual sales. Annual sales in 2011 totaled 161,000 units.

GM to idle Volt plant for month, sources say

(August 28, 2012) DETROIT — General Motors plans to idle the plant where it assembles the Chevrolet Volt plug-in hybrid for four weeks starting next month, two people familiar with the plans said.

GM will close its Detroit-Hamtramck plant from Sept. 17 until Oct. 15, one of the sources said. Union representatives last week told the plant's roughly 1,500 workers about the scheduled downtime, the source said.

GM, Chevrolet enlist in War of 1812 Bicentennial events

(August 28, 2012) DETROIT — General Motors and Chevrolet are gearing up for Detroit’s War of 1812 bicentennial commemoration Sept. 5-9, with many free, public events in and around GM’s Renaissance Center World Headquarters. Five days of festivities — part of Navy Week — are sponsored by a nonprofit coalition led by the U.S. Navy, U.S. Marine Corps and U.S. Coast Guard.

GM crash tests focus on rear impacts

(August 27, 2012) DETROIT — General Motors, which has a long history of crash test dummy design, is leading research on the potential for global auto industry use of a new dummy that would help automakers and safety experts better understand how crash victims are hurt in rear impacts.

The dummy, called BioRID, was designed by Chalmers University in Gothenburg, Sweden, for seat restraint assessment. It is distinguished by its sophisticated spinal column with 24 vertebra simulators that allow it to sit naturally and demonstrates humanlike neck movement in rear-end collisions.

Smart parade sets record with 1,114 vehicles taking to the streets

(August 27, 2012) ANTWERP, Belgium — Over the weekend 1,594 smart fans from 27 countries came to Antwerp for the world's largest gathering of the smart community — and set a new world record with the longest ever smart parade.

On Saturday 1,114 vehicles drove through the streets of the Belgian city and the third largest European seaport watched by enthusiastic spectators.

Rocket ship super alloy technology aids Fusion 2.0-liter turbo

(August 27, 2012) DEARBORN, Mich. — Enthusiasts will say the all-new Ford Fusion equipped with the 2.0-liter EcoBoost turbo engine is a rocket ship. Fusion engineers will tell you parts of its engine depend on technology from one.
To prolong turbo life and combat thermal fatigue, powertrain engineers for the new Ford Fusion, in conjunction with a team at supplier BorgWarner, went to the upper limits of commercially available turbo materials when deciding on the turbine wheel for the turbocharger fitted to 2.0-liter EcoBoost variants.

Hertz and Dollar Thrifty announce definitive merger agreement

(August 27, 2012) Hertz Global Holdings, Inc. and Dollar Thrifty Automotive Group, Inc. today announced that they have entered into a definitive merger agreement under which Hertz would acquire Dollar Thrifty for $87.50 per share in cash in a transaction valued at a corporate enterprise value of approximately $2.3 billion.