Showing posts with label 2008. Show all posts

Holden HSV W427 Concept, 2008

Holden HSV W427 Concept, 2008



 


Holden Special Vehicles unveiled a seven litre program at the 2008 Melbourne Motor Show, the last instalment of the company s 20th anniversary celebrations.

The car to be known in its final development stages as the W427 is finished in the same Panorama Silver paint scheme as the original Group A SS VL Commodore, released at the Melbourne Motor Show of 1988, exactly 20 years ago.
HSV Managing Director, Scott Grant, said the W427 was a tribute to how far the company has come in just twenty years.

A new six piston front braking system will provide a 50% increase in pad area, while the Holden W427 also receives a revised ESP calibration, six air bags, improved handling and new Magnetic Ride Control settings.

The Holden W427 receives a bimodal active exhaust system to improve noise quality and back pressure management.
Styling and design highlights include an all new front fascia, a three piece carbon fibre rear spoiler, 20 inch machined faced alloy wheel, unique exhaust tips and red leather interior.
The Holden W427 will go into production in the middle of the year and will be available for sale in dealerships in the third quarter of 2008.

Specifications
    * Exterior
          o All new Front Fascia exclusive to W427
          o All new three piece rear spoiler in carbon fibre
          o All new 20 inch wheel
    * Interior
          o HSV performance seats in full red hot trim with W427 logo, steering wheel, gear shifter and console lid in full red hot leather
    * Powertrain
          o 7.0 Litre, LS7 Engine with HSV specific calibration
                + 370kW @ 6500 rpm
                + 640Nm @ 5000 rpm
          o Over radiator style cold air induction system with high flow air filter
          o Dry sump lubrication system with 2 stage pump
          o Hand fabricated aluminium oil reservoir, with internal baffles for high G loading
          o Front mount, 13 row engine oil cooler
          o Ceramic coated, high flow four into one extractors
          o High flow catalytic converters and exhaust system (3 into 2 ¾ )
          o Active bi-modal rear mufflers for exhaust back pressure management to improve noise quality
          o High strength limited slip differential
          o New high strength six speed manual gear box (TR6060)
          o GMPT LS7 Clutch with new actuator and pedal assembly for high clamp loads
    * Suspension
          o New springs, 30% stiffer than GTS
          o Revised ride height 20mm lower than GTS
          o New stiffer rear suspension bushing
          o All new MRC calibration
    * Brakes
          o New 6 piston front braking system (50% increase in pad area)
          o Strap drive, 2 piece floating front rotors (380 x 35mm compared to 365 x 32mm one piece on GTS)
          o High friction pad material

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Holden HSV W427 Concept, 2008

Holden HSV W427 Concept, 2008



 


Holden Special Vehicles unveiled a seven litre program at the 2008 Melbourne Motor Show, the last instalment of the company s 20th anniversary celebrations.

The car to be known in its final development stages as the W427 is finished in the same Panorama Silver paint scheme as the original Group A SS VL Commodore, released at the Melbourne Motor Show of 1988, exactly 20 years ago.
HSV Managing Director, Scott Grant, said the W427 was a tribute to how far the company has come in just twenty years.

A new six piston front braking system will provide a 50% increase in pad area, while the Holden W427 also receives a revised ESP calibration, six air bags, improved handling and new Magnetic Ride Control settings.

The Holden W427 receives a bimodal active exhaust system to improve noise quality and back pressure management.
Styling and design highlights include an all new front fascia, a three piece carbon fibre rear spoiler, 20 inch machined faced alloy wheel, unique exhaust tips and red leather interior.
The Holden W427 will go into production in the middle of the year and will be available for sale in dealerships in the third quarter of 2008.

Specifications
    * Exterior
          o All new Front Fascia exclusive to W427
          o All new three piece rear spoiler in carbon fibre
          o All new 20 inch wheel
    * Interior
          o HSV performance seats in full red hot trim with W427 logo, steering wheel, gear shifter and console lid in full red hot leather
    * Powertrain
          o 7.0 Litre, LS7 Engine with HSV specific calibration
                + 370kW @ 6500 rpm
                + 640Nm @ 5000 rpm
          o Over radiator style cold air induction system with high flow air filter
          o Dry sump lubrication system with 2 stage pump
          o Hand fabricated aluminium oil reservoir, with internal baffles for high G loading
          o Front mount, 13 row engine oil cooler
          o Ceramic coated, high flow four into one extractors
          o High flow catalytic converters and exhaust system (3 into 2 ¾ )
          o Active bi-modal rear mufflers for exhaust back pressure management to improve noise quality
          o High strength limited slip differential
          o New high strength six speed manual gear box (TR6060)
          o GMPT LS7 Clutch with new actuator and pedal assembly for high clamp loads
    * Suspension
          o New springs, 30% stiffer than GTS
          o Revised ride height 20mm lower than GTS
          o New stiffer rear suspension bushing
          o All new MRC calibration
    * Brakes
          o New 6 piston front braking system (50% increase in pad area)
          o Strap drive, 2 piece floating front rotors (380 x 35mm compared to 365 x 32mm one piece on GTS)
          o High friction pad material

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Farbio GTS, 2008

Farbio GTS, 2008


 



Farbio GTS has a full carbon fibre body, space framed chassis, complete flat underfloor (incorporating a rear diffuser), giving the GTS an exceptional aerodynamic grip level. It has exquisite, flowing lines and an understated elegance combined with style, giving a truly refined sports car with outstanding performance.

Base price is £59,925 for the normally aspirated model and £71,675 for the Supercharged version.
The Farbio GTS is mid-engine ranging from a 262bhp normally aspirated model with 0-60mph in 4.8 seconds (est), up to 384bhp for the Rotrex Supercharged version with 0-60mph in 3.9 seconds (est).

The Farbio GTS has an impressive power-to-weight ratio of 360bhp per ton (250bhp per ton for the normally aspirated car). It is lightweight, weighing in at a nimble 1066kgs for the Supercharged model and 1048kgs for the normally aspirated version.
Brakes are AP Racing with Four Pot Callipers, 350mm vented front discs and 328mm rear, giving immense braking capabilities.
Suspension is fully adjustable dampers with Eibach coil-over springs to give the car an exciting, precise driving experience - a feature omitted from many modern day sports cars.

Farbio GTS customers will be able to tour in comfort with the spacious, ergonomic interior, with fully adjustable Sparco reclining seats allowing for a 6'6" driver. The controls have an easy accessibility with the touch-screen featuring satellite navigation, air conditioning and sound system as standard.
Long distance touring is made easier due to the 76 litre fuel tank and 220 litre boot capacity, which can incorporate a full size set of golf clubs or luggage.

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Farbio GTS, 2008

Farbio GTS, 2008


 



Farbio GTS has a full carbon fibre body, space framed chassis, complete flat underfloor (incorporating a rear diffuser), giving the GTS an exceptional aerodynamic grip level. It has exquisite, flowing lines and an understated elegance combined with style, giving a truly refined sports car with outstanding performance.

Base price is £59,925 for the normally aspirated model and £71,675 for the Supercharged version.
The Farbio GTS is mid-engine ranging from a 262bhp normally aspirated model with 0-60mph in 4.8 seconds (est), up to 384bhp for the Rotrex Supercharged version with 0-60mph in 3.9 seconds (est).

The Farbio GTS has an impressive power-to-weight ratio of 360bhp per ton (250bhp per ton for the normally aspirated car). It is lightweight, weighing in at a nimble 1066kgs for the Supercharged model and 1048kgs for the normally aspirated version.
Brakes are AP Racing with Four Pot Callipers, 350mm vented front discs and 328mm rear, giving immense braking capabilities.
Suspension is fully adjustable dampers with Eibach coil-over springs to give the car an exciting, precise driving experience - a feature omitted from many modern day sports cars.

Farbio GTS customers will be able to tour in comfort with the spacious, ergonomic interior, with fully adjustable Sparco reclining seats allowing for a 6'6" driver. The controls have an easy accessibility with the touch-screen featuring satellite navigation, air conditioning and sound system as standard.
Long distance touring is made easier due to the 76 litre fuel tank and 220 litre boot capacity, which can incorporate a full size set of golf clubs or luggage.

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Honda Accord EX-L Sedan, 2008

Honda Accord EX-L Sedan, 2008


 


The all-new 2008 Honda Accord moves the world of mainstream transportation in a refined, dynamic and sophisticated direction with an expanded range of innovative technologies designed for more power, greater efficiency and enhanced safety across the entire lineup of sedans and coupes.

Completely redesigned for 2008 with increased dimensions for a more spacious interior, the sedan styling theme expresses a powerful presence with sharp and strong character lines. The coupe is further individualized with an aggressive stance and unique proportions that create a muscular, sporty demeanor.

"The all-new Honda Accord has become more advanced and refined with a new level of engineering sophistication," said John Mendel, executive vice president of American Honda Motor Co., Inc. "As the Honda brand's flagship automobile, the Accord is designed to exceed expectations with premium technology, a more spacious interior and increased power, while retaining the fun-to-drive character and innovative feel that has always distinguished the Accord."

The Accord is available in sedan and coupe body styles with 2.4-liter 4-cylinder and 3.5-liter V-6 engine choices. Available transmissions include a 5-speed manual (standard with all 4-cylinder engines), a 5-speed automatic (standard on sedan V-6 models, available with all 4-cylinder engines and V-6-powered Accord Coupes,) and a 6-speed manual transmission (exclusive to the Accord Coupe EX-L V-6 6MT).

Sedan trim levels range from the well-equipped Accord Sedan LX and plus-featured LX-P (177-horsepower 4-cylinder engine), to the nicely-equipped Accord Sedan EX (190-horsepower 4-cylinder engine or 268-horsepower V-6 engine), to the premium and upscale Accord Sedan EX-L (190-horsepower 4-cylinder engine or 268-horsepower V-6 engine). Coupe trim levels range from the well-equipped Accord Coupe LX-S (190 horsepower 4-cylinder engine), to the nicely-equipped Accord Coupe EX (190-horsepower 4-cylinder engine) to the premium and upscale Accord Coupe EX-L (190-horsepower 4-cylinder engine or 268-horsepower V-6 engine).

Interior
Premium quality with a simple, modern and spacious design describes the philosophy behind the Accord's interior. The larger Accord Sedan total interior volume of 120.0 cubic feet (+3.3 cubic feet compared to 2007) moves the EPA classification from the midsize sedan class to the large sedan class. The additional space is intended to provide "equal" seating comfort for front and rear passengers. Rear legroom of 37.2 inches (+0.4 inches) approaches the impressive second row legroom of the Honda Pilot SUV (37.4 inches). The wider interior (+1.5 inches) allows the front seats to be positioned farther apart to allow for a wide center console more commonly associated with the finest luxury vehicles.

The Accord interior is designed for a dynamic, intuitive and upscale presence, starting with an easy-to-read information display on every vehicle. A zone styling approach separates operation-related instruments (top) and information-related instruments (lower). At night, the controls are further separated by color to distinguish between climate controls (aqua green) and audio controls (white). Classically-styled gauges for the speedometer and tachometer are perfectly round (instead of being truncated at the bottom). Steering wheel audio controls are standard on every Accord. Careful attention was paid to the symmetry of the exterior and interior of the vehicle - including sight lines related to the dashboard height and the visual presence of the hood to the driver.

Redesigned front bucket seats are larger, and feature substantial lateral support to complement the Accord's sporting side. The fold-down lockable rear seatback increases cargo-carrying versatility; the sedan includes a lockable pass-through.

Exterior
Intended to convey a prestigious presence, the Accord Sedan embraces a traditional three-box shape that emphasizes both a dynamic and athletic feel with the sophistication of a timeless sedan form. Dimensionally, the Accord Sedan's overall length of 194.1 inches (4-cylinder models, V-6 models add 0.2 inches for front spoiler lip) is 3.0 inches longer than the 2007 model. The width of 72.7 inches is 1.1 inches wider, and the height of 58.1 inches is 0.9 inches taller. Even though the size is larger in every dimension, the vehicle's torsional rigidity has increased by 20 percent as a result of advanced body construction that uses 48 percent high-tensile steel - the most high-tensile steel by volume of any Accord to date. A significant benefit to the advanced body construction is that total vehicle weight increased only by approximately 5 percent despite the larger size, greater rigidity and added features.

The Accord Coupe styling radically breaks from the sedan with a uniquely aggressive image. Its long hood, sleek roofline and muscular lines suggest power and a heightened agility compared to the sedan. Dimensionally, the Accord Coupe's overall length of 190.9 inches is 3.2 inches longer than 2007 model, its width of 72.8 inches is 1.2 inches wider, and its height of 56.4 inches is 0.6 (LX-S) to 0.7 (EX, EX-L) inches higher. Compared to the 2008 Accord Sedan, the Accord Coupe is 3.2 inches shorter in length, 1.7 inches shorter in height and 0.1-inch wider.

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Honda Accord EX-L Sedan, 2008

Honda Accord EX-L Sedan, 2008


 


The all-new 2008 Honda Accord moves the world of mainstream transportation in a refined, dynamic and sophisticated direction with an expanded range of innovative technologies designed for more power, greater efficiency and enhanced safety across the entire lineup of sedans and coupes.

Completely redesigned for 2008 with increased dimensions for a more spacious interior, the sedan styling theme expresses a powerful presence with sharp and strong character lines. The coupe is further individualized with an aggressive stance and unique proportions that create a muscular, sporty demeanor.

"The all-new Honda Accord has become more advanced and refined with a new level of engineering sophistication," said John Mendel, executive vice president of American Honda Motor Co., Inc. "As the Honda brand's flagship automobile, the Accord is designed to exceed expectations with premium technology, a more spacious interior and increased power, while retaining the fun-to-drive character and innovative feel that has always distinguished the Accord."

The Accord is available in sedan and coupe body styles with 2.4-liter 4-cylinder and 3.5-liter V-6 engine choices. Available transmissions include a 5-speed manual (standard with all 4-cylinder engines), a 5-speed automatic (standard on sedan V-6 models, available with all 4-cylinder engines and V-6-powered Accord Coupes,) and a 6-speed manual transmission (exclusive to the Accord Coupe EX-L V-6 6MT).

Sedan trim levels range from the well-equipped Accord Sedan LX and plus-featured LX-P (177-horsepower 4-cylinder engine), to the nicely-equipped Accord Sedan EX (190-horsepower 4-cylinder engine or 268-horsepower V-6 engine), to the premium and upscale Accord Sedan EX-L (190-horsepower 4-cylinder engine or 268-horsepower V-6 engine). Coupe trim levels range from the well-equipped Accord Coupe LX-S (190 horsepower 4-cylinder engine), to the nicely-equipped Accord Coupe EX (190-horsepower 4-cylinder engine) to the premium and upscale Accord Coupe EX-L (190-horsepower 4-cylinder engine or 268-horsepower V-6 engine).

Interior
Premium quality with a simple, modern and spacious design describes the philosophy behind the Accord's interior. The larger Accord Sedan total interior volume of 120.0 cubic feet (+3.3 cubic feet compared to 2007) moves the EPA classification from the midsize sedan class to the large sedan class. The additional space is intended to provide "equal" seating comfort for front and rear passengers. Rear legroom of 37.2 inches (+0.4 inches) approaches the impressive second row legroom of the Honda Pilot SUV (37.4 inches). The wider interior (+1.5 inches) allows the front seats to be positioned farther apart to allow for a wide center console more commonly associated with the finest luxury vehicles.

The Accord interior is designed for a dynamic, intuitive and upscale presence, starting with an easy-to-read information display on every vehicle. A zone styling approach separates operation-related instruments (top) and information-related instruments (lower). At night, the controls are further separated by color to distinguish between climate controls (aqua green) and audio controls (white). Classically-styled gauges for the speedometer and tachometer are perfectly round (instead of being truncated at the bottom). Steering wheel audio controls are standard on every Accord. Careful attention was paid to the symmetry of the exterior and interior of the vehicle - including sight lines related to the dashboard height and the visual presence of the hood to the driver.

Redesigned front bucket seats are larger, and feature substantial lateral support to complement the Accord's sporting side. The fold-down lockable rear seatback increases cargo-carrying versatility; the sedan includes a lockable pass-through.

Exterior
Intended to convey a prestigious presence, the Accord Sedan embraces a traditional three-box shape that emphasizes both a dynamic and athletic feel with the sophistication of a timeless sedan form. Dimensionally, the Accord Sedan's overall length of 194.1 inches (4-cylinder models, V-6 models add 0.2 inches for front spoiler lip) is 3.0 inches longer than the 2007 model. The width of 72.7 inches is 1.1 inches wider, and the height of 58.1 inches is 0.9 inches taller. Even though the size is larger in every dimension, the vehicle's torsional rigidity has increased by 20 percent as a result of advanced body construction that uses 48 percent high-tensile steel - the most high-tensile steel by volume of any Accord to date. A significant benefit to the advanced body construction is that total vehicle weight increased only by approximately 5 percent despite the larger size, greater rigidity and added features.

The Accord Coupe styling radically breaks from the sedan with a uniquely aggressive image. Its long hood, sleek roofline and muscular lines suggest power and a heightened agility compared to the sedan. Dimensionally, the Accord Coupe's overall length of 190.9 inches is 3.2 inches longer than 2007 model, its width of 72.8 inches is 1.2 inches wider, and its height of 56.4 inches is 0.6 (LX-S) to 0.7 (EX, EX-L) inches higher. Compared to the 2008 Accord Sedan, the Accord Coupe is 3.2 inches shorter in length, 1.7 inches shorter in height and 0.1-inch wider.

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Murilee's Down On The Street Favorites For 2008 [Down On The Street]

Every weekday in 2008- except for Christmas Day- we saw another cool street-parked vehicle from the streets of Alameda, California. Now I'm going to share my personal favorite ten DOTS finds of the year. These are the cars and trucks that, for one reason or another, really made my day when I ran across them on the streets of Alameda. Some of them are on this list because they're rare and/or

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Top Ten Stolen Vehicles of 2008

Top Ten Stolen Vehicles of 2008

Thanks to modern technologies like ignition keys with embedded chips and factory installed security immobilizers, it's getting harder and harder to steal new cars. As a result, the number of cars and trucks stolen in the United States dropped by 13.1 percent in 2008 compared to 2007, a trend that has been continuing for five years. Total thefts for the year could actually end up under 1 million for the first time in 20 years.

Owners of older cars on the other hand aren't so lucky. One of the main driving factors behind car thefts is to strip the vehicles and sell the parts. The main market for those parts is older, high volume vehicles, so the same vehicles are the ones that tend to get stolen. The top ten stolen vehicles for 2008 includes a couple of surprises and a bunch of perennial hits.

[Source: SmartBrief ]

Press release

Hot Wheels: Vehicle Theft Continuing to Decline

DES PLAINES, Ill., Aug. 24 /PRNewswire-USNewswire/ -- Hot Wheels 2009, the National Insurance Crime Bureau's (NICB) companion study to its popular Hot Spots auto theft report, examines data reported to the National Crime Information Center (NCIC) and determines the vehicle make, model, and model year most reported stolen in 2008. See the full report at www.nicb.org.

For 2008, the most stolen vehicles* in the nation were:

1. 1994 Honda Accord

2. 1995 Honda Civic

3. 1989 Toyota Camry

4. 1997 Ford F-150 Pickup

5. 2004 Dodge Ram Pickup

6. 2000 Dodge Caravan

7. 1996 Jeep Cherokee/Grand Cherokee

8. 1994 Acura Integra

9. 1999 Ford Taurus

10. 2002 Ford Explorer

Certain models of older cars and trucks are popular with thieves because of the value of their parts. Frequently, the parts can be stripped from a car at a chop shop and sold for at least twice as much as the value of the vehicle on the used car market. Newer models are also more difficult, but not impossible to steal thanks to anti-theft technology incorporated by the manufacturers.

Although the final numbers have not yet been released, the preliminary 2008 FBI Uniform Crime Report (UCR) shows that vehicle theft is on pace to record a decrease of 13.1 percent from 2007 numbers. That would make 2008 the fifth consecutive year of declining vehicle thefts. Moreover, if the preliminary figures hold total thefts for 2008 would be below 1 million vehicles--the lowest annual total in over 20 years.

"This is great news for vehicle owners, law enforcement and the insurance industry," said Joe Wehrle, NICB's president and chief executive officer. "It takes years of sustained effort to deliver the kinds of reductions that we are enjoying today. NICB joins with our member companies in acknowledging the great work performed by law enforcement and our investigators in the fight against vehicle theft.

"Comprehensive legislation, aggressive enforcement and rigorous prosecution are the three essential components to a winning crime control program. NICB is proud to contribute to each of those areas through our national legislative affairs program and our network of experienced investigators," Wehrle said.

NICB provides law enforcement with local resources for identifying and recovering stolen vehicles as well as training and information analysis in the detection and prevention of vehicle theft and insurance crime.

As good as this news is, however, vehicle theft is still a costly drain on our economy and a tremendous hassle for victims. To protect their investment, vehicle owners are urged to follow NICB's "layered approach" to auto theft prevention by employing simple, low-cost suggestions to make their vehicles less attractive to thieves.

NICB's four layers of protection are:

Common Sense: Lock your car and take your keys. It's simple enough but many thefts occur because owners make it easy for thieves to steal their cars.

Warning Device: Having and using a visible or audible warning device is another item that can ensure that your car remains where you left it.

Immobilizing Device: Generally speaking, if your car won't start, it won't get stolen. "Kill" switches, fuel cut-offs and smart keys are among the devices which are extremely effective.

Tracking Device: A tracking device emits a signal to the police or to a monitoring station when the vehicle is stolen. Tracking devices are very effective in helping authorities recover stolen vehicles. Some systems employ "telematics," which combine GPS and wireless technologies to allow remote monitoring of a vehicle. If the vehicle is moved the system will alert the owner and the vehicle can be tracked via computer.

Considering a used vehicle purchase? Don't buy a headache, check in with VINCheck(SM), NICB's free vehicle history service at www.nicb.org.

You can help stop this criminal activity by reporting suspected insurance fraud and vehicle theft to NICB at 1-800-TEL-NICB (1-800-835-6422) or by texting to TIP411 keyword "Fraud." You may also report fraud and theft by visiting our Web site www.nicb.org. All tips can be anonymous.

About the National Insurance Crime Bureau: headquartered in Des Plaines, Ill., the NICB is the nation's leading not-for-profit organization exclusively dedicated to preventing, detecting and defeating insurance fraud and vehicle theft through information analysis, investigations, training, legislative advocacy and public awareness. The NICB is supported by more than 1,000 property and casualty insurance companies and self-insured organizations. NICB member companies wrote nearly $343 billion in insurance premiums in 2008, or more than 82 percent of the nation's property/casualty insurance. To learn more visit www.nicb.org.

* This report reflects only stolen vehicle data reported to NCIC in 2008. No further filtering of information is conducted, i.e., determining the total number of a particular make and model currently registered in the U.S. for comparison purposes.

SOURCE National Insurance Crime Bureau

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Mazda recalling almost 31,000 CX-9s over faulty seats

Mazda CX-9

Nearly 31,000 Mazda CX-9 crossovers are being recalled to repair an issue with the driver's seat. Models affected were built during the 2007-2009 model years. According to Mazda North American Operations, improper routing of wires under the driver's seat cushion can lead to a short-circuit that activates the power-adjustment mechanism. This could lead to an inadvertent change in the seating position, height adjustment, or seat back recline while the vehicle is in motion. According to Mazda, dealers will be able to fix the potential problem with cable ties and replacement parts. If you are a late-model CX-9 owner, check your mailbox after the notices go out on March 9.


[Source: Automotive News ]

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More about Hyundai Equus

Hyundai Equus

There's been a deluge of pictures of the Hyundai Equus surfacing in the last few days, and new official images have turned up that give us a glimpse both inside and out. The new exterior shots show off two different grille treatments, with the V6 models get Genesis-esque horizontal slats, while V8 models use vertical elements. A straight-on side view also shows off the size of this big sedan -- it's a long wheelbase with lengthy rear doors, a true executive sedan in size and style. Inside, the appointments appear luxurious and comprehensive, ready to take on the big guns from Lexus, Mercedes, BMW and Audi. Hyundai's saying that it looked past its usual practice of engineering a vehicle to a price point and just went for broke with this new Equus to make it truly great. The proof of the pudding is in the eating, and plans are underway to bring the model to the North American market, possibly as a 2011 or 2012 model.

[Source: TheCarBlogger]

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Nissan projects $2.9B loss, announces 20,000 job cuts

Nissan projects $2.9B loss, announces 20,000 job cuts

Nissan hasn't posted an annual loss in nine years, but the automaker is poised to take a big hit on its 2008 earnings, and like the rest of the industry, it is scrambling to restructure. The Japanese carmaker is expected to report a $2.9 billion shortfall, prompting Carlos Ghosn and his team to chop 20,000 jobs – fully 8.5 percent of its employees worldwide. Some of the job losses will be arrived at through early retirement packages and the ending of temporary worker contracts, but most will be out-and-out layoffs. The personnel cuts will leave Nissan with 215,000 workers globally and take place now through March of 2010.

Nissan's planned cuts are markedly more aggressive than those employed by other Japanese automakers, suggesting that Japan's third-largest automaker is even more pessimistic about the potential for near-term economic gains. That appears to be particularly true in its domestic market, where the strong Yen and other factors have conspired to result in 12,000 of the planned job losses. Thanks for the tip, Karen!

[Source: Associated Press via ClockOnDetroit]

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Ford reports 4th quarter net loss of $5.9 billion

Ford Logo

Ford has so far been able to avoid suckling on the teat of the federal government like its cross-town rivals, but after today's announcement of a 2008 fourth-quarter loss of $5.9 billion, serious questions are beginning to arise about how FoMoCo will fair in 2009.

This will be the third consecutive year Ford hasn't posted a profit, with a $2.8 billion loss in the previous year and $620 million drop during the same quarter of 2007. Ford wrapped up 2008 with $13.4 billion in cash reserves, but has announced plans to draw $10.1 billion in available credit to weather what's sure to be a rough 2009. That would bring Ford's liquidity up to $23.5 billion, sans the money already used for January, and the automaker contends that this is enough to meet its goals for the year. However, if Ford continues its fourth-quarter cash burn rate of $1.83 billion a month, there's a distinct possibility that FoMoCo execs might be knocking on Uncle Sam's door before the year comes to a close.

On a more positive note, Ford posted a 2008 pre-tax profit of $1.06 billion in Europe, although the last quarter saw a drop of $330 million. Hit the jump for Ford's full press release.

[Source: Ford]

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Smart USA sells almost 25,000 fortwos in first year

Smart fortwos

The Smart fortwo couldn't have come to the United States at a better time. Skyrocketing fuel prices and a dearth of fuel efficient vehicles gave Daimler's Tiny Tim a big push to the tune of 25,000 units for the year, far surpassing Smart's goal of 15,000 units. Smart's success is also another feather in the cap of Roger Penske. Penske is the only US distributor for Smart, with only 74 dealers spanning 35 states, and surprisingly, smart achieved its considerable success without using television as an advertising medium.

The fortwo used an extensive online marketing campaign that included $99 down payments. 100,000 people sent in their checks for $99, and Penske says about 55% of those down payments will result in sales. The Penske Automotive Group is expecting another 25,000 sales for 2009, and six more dealers are going to be added. What's left to be seen is whether the fortwo can sustain success if $2 per gallon gasoline sticks around for an extended period of time.

[Source: Automotive News - Sub. Req.]

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Nissan GT-R SpecV: Details, live images and video

Nissan GT-R SpecV

Nissan's press release on the GT-R SpecV left a lot of unanswered questions, particularly the geeky tidbits that we thrive on. So with the help of our friends at the GTRBlog, who were on hand for the unveiling in Japan, and a few of our super-secret sources abroad, we were able to scrounge up some of the more salient details on Nissan's upgraded Godzilla.

To begin with, Nissan maintains that the GT-R SpecV is aimed at the discerning enthusiast, the same kind of buyer that would pass up the Porsche 911 GT3 for the RS variant. For $170,000, that's a very select group of consumers, but we doubt Nissan will have much difficulty moving the 20 to 30 SpecVs it'll be producing each month when sales begin February 8th.



Peak output remains the same, at 478 horsepower, but a switch on the right of the steering wheel (shared with the cruise control) activates an electronic circuit to boost mid-range torque by 15 lb-ft (up to 449 lb-ft). A green light illuminates on the dash when the overboost function is enabled, giving drivers 80 seconds to perform any overtaking maneuvers, and then defaulting back to the standard setting.



The SpecV's carbon ceramic brakes were developed in conjunction with Brembo and are painted silver to differentiate the upgraded stoppers from the standard GT-R. Although the six-piston (front) caliper size remains the same, the discs have been upgraded to 390mm (15.35 inches) and fitted with SpecV specific brake pads. Nissan claims a weight savings of 11 pounds per corner and –2.0 Gs worth of stopping power, but the system comes at a cost: $45,000.




The 20-inch RAYS forged aluminum wheels – the same units offered on the NISMO Clubsports GT-R -- also contribute to the overall weight savings, which comes in 132 pounds lighter than the standard model at 3,704 pounds. As mentioned in our previous post, Nissan replaced several components with lightweight carbon fiber, including the seats, interior trim (even the seat-back adjuster), grille and brake ducts, along with the trick dry carbon fiber rear wing (coated in clear matte paint) that increases downforce. The Bilsteins have been retuned to be more responsive on the racetrack and the engine cover has been replaced with a SpecV-only piece. The standard GT-R hues are available, but if you want to stand out, the Ultimate Opal Black paint job will set you back an additional $6,100.



Nissan hasn't released 0-60, 0-100 or quarter mile times yet, but we expect some official figures in the coming weeks. And as for a Nurburgring time... just you wait.

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