Auto Business News
Auto Business News is updated throughout the day and provides timely, concise news stories on the global automotive industry. Whether you are
following manufacturers, component suppliers or new technologies ABN will
cover the stories that are important to you.
Below you will find a recent sample of the publication.
Porsche to unveil Cayenne SUV at Detroit show
Porsche AG (Porsche) (Xetra: POR3, FWB: POR3), a Germany-based automaker, is unveiling its 2008 Cayenne SUV at the Detroit show, which is scheduled for January 2007.
The vehicle is to arrive at United States dealerships by March 2007.
The Cayenne will be available in three versions, a base model and Turbo and S variants. The base model will be equipped with a 3.6-litre six cylinder unit, while the S version will be available with a 4.8-litre V-8 engine. The Turbo model will offer an eight-cylinder unit fitted with a twin exhaust-gas turbocharger.
Wards magazine honours Chrysler’s 5.7-litre HEMI(R) engine
Wards magazine, an automotive magazine, has ranked Chrysler Group’s 5.7-litre HEMI(R) engine in its 10 Best Engines list.
The engine is available in the Chrysler 300, Chrysler Aspne, Jeep Commander, Jeep Grand Cherolle, Dodge Charger, Dodge Durango, Dodge Magnum and Dodge Ram. The 5.7-litre HEMI(R) engine is manufactured in Saltillo, Mexico.
Other engines recognised by the magazine include DaimlerChrysler''s 3.0-litre V-6 Turbo Diesel, which is available in the 2007 Jeep Grand Cherokee.
Nissan develops new filter
Nissan Motor Company (Nissan) (NASDAQ: NSANY, TYO: 7201), a Japan-based automaker, has manufactured a new type of filter.
The filter will be used in Nissan's range of compact cars in Japan. The company will start using the new filter in December 2006.
The product has been developed by using the anti-allergenic properties of natural grape seed polyphenol. The filter includes fibre impregnated with natural grape seed polyphenol, with each fibre transmitting an electrostatic charge.
Fiat collaborates with Tata
Fiat SpA (Fiat) (NYSE: FIA, ISE: IT0001976403), an Italy-based automaker, is collaborating with India-based Tata Motors (Tata) (NYSE: TTM) to establish a USD874m joint venture in India.
The joint venture is to manufacture compact vehicles for Indian consumers and for export markets.
The vehicles will be manufactured at Fiat's assembly facility in Ranjangaon, with assembly of newly designed Fiat and Tata vehicles to start in early 2008. Fiat is manufacturing the Grande Punto hatchback and the Linea sedan, while Tata is producing several new models at the facility.
The plant will have a production capacity of 100,000 vehicles and 200,000 engines per annum.
Mazda to resume engine production for high-end vehicles
Mazda Motor Corporation (Mazda) (TYO: 7261), a Japan-based automaker, is resuming production of engines for high-end vehicles, according to the Nihon Keizai Shimbun.
The company will resume production in March 2008 to increase North American sales.
The automaker will initially produce several thousand 3.5-litre V-6 engines per month at its main factory in Hiroshima. The engines will be equipped in the CX-9 sport utility vehicle, which is designed exclusively for the North American market.
Mazda stopped production of engines for high-end vehicles in 2003.
