Showing posts with label Reports. Show all posts
Showing posts with label Reports. Show all posts

Monday, November 10, 2014

Ford’s Police Interceptor Outpaces Competition at LA Sheriff’s Department Testing

The American police car segment is heating up with equally interesting offers from GM (Chevy Caprice), Chrysler (Dodge Charger) and Ford. In their latest battle, the Dearborn automaker's Taurus-based AWD Police Interceptor achieved the fastest lap time in tests carried out by the Los Angeles Sheriff's Department (LASD), signaling that it's a worthy successor for the Crown Victoria.

Powered by the twin-turbocharged 3.5-liter EcoBoost V6 with 365 hp and 350 lb-ft (475 Nm) of torque, the Police Interceptor can reach 60 mph (96 km/h) in just 5.8 seconds.

During tests held in California, the Ford was faster than V8 competitors, but that's not much of a surprise, since force induction compensates for the lack of displacement (the Chevy Caprice has a 6.0-liter V8, while the Dodge Charger boasts a 5.7-liter HEMI V8).

LASD also tested the base Taurus Interceptor, which comes with a naturally V6 churning out 280 hp, and all-wheel drive. According to Ford, it fared well against the V6-powered competition, beating them in braking, acceleration and lap times.

The Blue Oval's third police car to be tested was the Explorer-based Police Interceptor Utility, with a 3.7-liter V6 engine and AWD. Ford said that, loaded with 400 pounds (181 kg) of cargo, it was more than two seconds faster than the Chevrolet Tahoe on LASD's circuit.

Ford Police Interceptors are available in multiple configurations (even with front-wheel drive) and deliver at least 20% more fuel efficiency compared to the outgoing Crown Victoria. Sounds like authorities could get a bang for their buck, but we have the feeling that GM and Chrysler aren't done yet.

By Csaba Daradics

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VW Group to Invest €51.6 Billion in its Automotive Division Over the Next Five Years

€51.6 billion, or about US$71 billion at today's exchange rates, is a lot of money - equal to around 15% of Sweden's GDP, for example. Nevertheless, that's the amount of money that will be poured into the Volkswagen Group's automotive division for production capacity and vehicle development in the next five years. The goal, according to VW CEO Martin Winterkorn, is "to make Volkswagen the world's most future-proof automotive group".

The new budget will see €41.3 billion invested in property, factories and equipment with more than half of this amount (57%) finding its way into Germany. The remaining €10.3 billion consists of additions to capitalized development costs.

VW said that it will spend most of the budget (€27.7 billion) on modernizing and extending the product range of all its brands with the main focus being on new vehicles, successor models and derivatives in almost all vehicle classes based on modular technology.

"This will allow the Volkswagen Group to systematically continue its model rollout with a view to tapping new markets and segments," the company said in a statement.

In terms of powertrain production, the Group plans to launch a new generation of engines "with enhanced performance, fuel consumption and emission levels," and continue the development of hybrid and electric motors.

Furthermore, €13.6 billion will be used for cross-product investments. Volkswagen will thoroughly modernize or open new press shops, paintshops and assembly facilities including its new North American plant, which is scheduled to begin operating in 2011.

"The Volkswagen Group will help shape the technological turning point in key areas of the automotive industry and, to do this, will continue investing in environmentally friendly technologies, efficient drives and new models. We are systematically pursuing the goals of our Strategy 2018 to further increase our profitability and to make Volkswagen the world's most future-proof automotive group. The investment program we have now resolved will play a significant role in this", said Prof. Dr. Martin Winterkorn.

In addition, VW said that its Chinese joint ventures will see a total investment of €10.6 billion in the period 2011 to 2015. However, this investment will be fully funded from the cash flow generated by the Chinese joint ventures themselves and is not included in the €51.6 billion budget.

By Csaba Daradics


Saab to Cut Workforce after Poor Sales Forecast

Sweden-based Saab Automobile plans to reduce its workforce by 200 employees or about one-eighth of its current staff, according to report from Reuters citing a union official. Hakan Skott, a union representative at Saab, told the news site that the move was expected after the company's new owner, Dutch supercar maker Spyker, cut the firm's sales target from 60,000 units in February, to 45,000 a few months later and finally to just 30,000 cars at end of October.

"I'm not exactly surprised [about the layoffs]. We reduced our sales forecast just a couple of weeks ago and there is a decline in sales every year around Christmas and at the end of the year," Skott said. "I'm sure that by February-March we will see an upward trend and people will buy cars again," he added.

Saab has said in the past that it needs to sell around 80,000 cars per year to break even.

On Friday, Swedish business daily Dagens Industri quoted Spyker's CEO Victor Muller as saying, "There is absolutely no reason to worry. Our plans for the future still stand. Next year, we will build 80,000 cars".

As for the staff being laid, Muller told the newspaper that they were temporary employees. "You take them aboard when you need them and when they are not needed, they are not on board."


Monday, October 6, 2014

Mercedes-Benz Announces AMG-Ducati Cooperation at LA Show

At this week's Los Angeles Auto Show, Mercedes-Benz announced that performance division AMG, and Italian motorcycle maker Ducati will develop common marketing activities in the near future. Mercedes-AMG CEO Ola Källenius and Ducati CEO Gabriele del Torchio signed the agreement during a press conference held at the LA Show.

According to the deal, AMG will be the Ducati MotoGP Team's Official Car Partner in the 2011 championship and, in return, during various events held by the Germans, participants will also have the opportunity to test Ducati motorcycles and vice versa.

AMG plans these events for its Private Lounge members, numbering more than 13,000 customers worldwide. The two companies noted that other activities and strategic steps are also under consideration, but didn't disclose any further information yet.

"I am very pleased that we are able to announce our strategic cooperation with Ducati today. AMG and Ducati ideally complement each other, as both companies share the same values: racing as the driving passion, and high performance plus exclusivity as the central brand messages of both AMG and Ducati. This long-term cooperation will help us to jointly access new customer groups", said Ola Källenius, CEO of Mercedes-AMG GmbH.

"I am especially proud to have AMG as one of our sponsors for the MotoGP Team. I am also very pleased that our joint marketing activities are well under way. In AMG we have found a partner who perfectly reflects our brand values of high performance, motorsport, excitement and our sense of unmistakable style and design", Gabriele del Torchio, President and CEO of Ducati Motor Holding S.p.A, added.

Both companies are highly respected in their line of work, so their cooperation sounds like a good idea, as customers have the opportunity to experiment with new ways of achieving that gratifying adrenaline-rush.

By Csaba Daradics

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