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CARMAKERS NEWS * Worldwide
* Germany - Audi's handsome RS 5 Cabriolet
Wofsburg,Germany -Gizmag, by Vincent Rice -October 30, 2012: ... Welcome to the Audi RS 5 Cabriolet !! It's what happens when the quiet, efficient type suddenly lets their hair down...Whilst the superficial perception of BMW is all about flashy "driving machines" and that of Mercedes is all about building limousines for plutocrats, Audis are supposed to appeal to our inner German engineer. Subtle, well-designed, impeccably built, efficient and a tad dull. Audi has had great success with their unrelenting focus on this paradigm and with maintaining an unified vehicle range. Having worked so hard to create that solid reputation, immense fun, and indeed profits, can be had by subverting it. This month’s Paris Auto Show saw the launch of the Audi RS5 Cabriolet. The standard A5, the sports car for people who don’t like sports cars, is transformed by the installation of a hand-built 4.2 litre V8 engine producing 445 hp, plus a bunch of chassis modifications befitting the RS moniker...
* Germany - VW Launches Second Generation of Santana Sedan in China After 30 Years!
* South Korea - Hyundai reveals new production Veloster RE:MIX for under US$20k
Seoul,S.K. -Gizmag, by Dave LeClair -November 1, 2012: -- Hyundai has shown off a new version of its Veloster at the Specialty Equipment Market Association (SEMA) Show in Las Vegas. Unlike many of the interesting cars shown off at SEMA, this one is actually going into production. The Veloster RE:MIX is scheduled to bring its interesting style elements to U.S. dealerships in December... Hyundai has its crosshairs aimed squarely at the young car buyer with this one. It has tons of style elements and appointments designed to make the young car seeker happy...
* China - Chery and GAC to sign cooperation agreement in November
Shanghai,SH,China -Gasgoo, by Carmen Lee -October 30, 2012: -- Chery Automobile and Guangzhou Automobile Group will sign a strategic cooperation agreement next month, the Securities Daily reported today... According to internal sources, Chery and GAC began discussing possible cooperation as early as 2010... The Chinese government has previously encouraged automobile enterprises in the country to merge in order to help boost development in the industry and spur economic growth...
* China - Recall system to impose heavy fines
Beijing,China -The China Daily, by Li Fangfang -1 Nov 2012: -- Automotive industry under pressure to improve technology and quality China is seeking to improve its automotive industry's recall system, releasing national regulations outlining heavy financial penalties intended to improve management, supervision and safety in the sector... The new regulations were released by the State Council on Tuesday and included tire makers in the recall system for the first time... According to the new regulations, both domestic and international automobile manufacturers will face fines of 50,000 to 200,000 yuan ($8,000 to 32,000) if they fail to submit recall reports. The penalty will be as high as 1 to 10 percent of total sales revenue of defective vehicles if manufacturers do not stop producing and selling problematic vehicles, conceal the problems, or refuse to carry out the recall. If a case is serious enough the manufacturing license of the automaker may be revoked, according to the new regulations... Analysts said the amended regulations will increase penalties by hundreds of million yuan, which will act as an effective deterrent to automakers...
* Australia - Car makers threatened by Autodom
Melbourne,Victoria,Australia -Sky News -November 1, 2012: -- Car production at Ford and Holden could stall next week after a key component supplier closed its doors and stood down 400 workers in Victoria and South Australia... Autodom Limited blames an inability to restructure its operations despite months of negotiations with its key customers... It produces a range of parts for Australia's car makers, including panels, hinges, bumper components and other metal items, at Dair facilities in Dandenong and New Gisborne near Melbourne and the aiAutomotive plant at Woodville in Adelaide... As well as the impact on vehicle producers, the shutdown could also flow through to other component makers if car assembly is halted. Toyota said it had 'sufficient stock' and did not expect to be affected by the closure...
Labels: carmakers news worldwide
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