Donto Motors P1 to take on Ariel Atom, KTM X-Bow

Filed under: South America, Racing

Donto Motors P1

Donto Motors P1 – Click above for high-res image gallery

If you’ve never heard of Argentina-based Donto Motors before, you’re not alone. However, just because this company has remained out of the spotlight doesn’t mean they don’t have big things in the works – how about a hardcore track day racer designed to compete with the likes of the Ariel Atom and KTM X-Bow? If it ever sees production, Donto Motors’ P1 should easily fit right in with these odd/awesome track toys.

The rear-mounted engine is a Volkswagen/Audi-sourced 1.8-liter turbocharged inline-four that produces 180 horsepower, and it looks like Donto took visual cues from Audi, as well. The front end’s large side vents are reminiscent of a certain supercar that we’ve grown quite fond of, and the rest of the body work is made up of a split construction, in which it’s designed to look as if the body is floating on the FIA-approved chassis. The whole thing weighs just over 1,500 pounds, too, so we imagine that the end result will be a spirited little whip for track day fun.

Donto is hoping to keep the P1 priced around $55,000, and the United States is one of the countries that could receive the lightweight roadster if it goes into production. Emphasis on the word “if.” Head over to Diseno-art.com for more.

Gallery: Donto Motors P1

[Source: Diseno-art.com]

Donto Motors P1 to take on Ariel Atom, KTM X-Bow originally appeared on Autoblog on Tue, 31 Aug 2010 19:26:00 EST. Please see our terms for use of feeds.

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Rumormill: General Motors mid-size sedans going all four-cylinder

Filed under: Sedan, Buick, Chevrolet, GM

Straight from the “No Surprise” department comes word from GMInsideNews that all of General Motors mid-size offerings will come equipped with four-cylinder engines as the only available powerplant.

GM has made it clear for the last few years that a large part of its future product strategy is to downsize its engine line-up in preparation for the new 2015 CAFE standards. The shift has already begun with the introduction of the 2011 Buick Regal, available with either a 182-horsepower direct injected 2.4-liter or a turbocharged 2.0-liter putting out 220 hp and 258 pound-feet of torque.

The next model to go all-four-banger will be the next generation Chevrolet Malibu, slated to arrive late next year and likely packing – to begin with – the same 2.4-liter four. A range of direct injected engines, both naturally aspirated and turbocharged, are in the works, so the General won’t be hurting for options, but expect the V6 to stick around for GM’s larger offerings, including the next Impala.

[Source: GMInsideNews]

Rumormill: General Motors mid-size sedans going all four-cylinder originally appeared on Autoblog on Tue, 31 Aug 2010 18:45:00 EST. Please see our terms for use of feeds.

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General Motors 2011 VIN decoder reveals new 1.0L, 1.2L, 1.6L four cylinder engines

Filed under: Chevrolet, GM

2010 Chevrolet Spark – Click above for high-res image gallery

General Motors’ Service and Parts Operations website has published a pair of new documents for decoding 2011 model year Vehicle Identification Numbers (VIN) which reveal several new engines. The passenger car list includes a pair of small inline-fours of 1.0 and 1.2-liters displacement. Both engines are listed as port-injected, dual-overhead-cam units from the automaker’s South Korean operations, GM Daewoo Automotive Technologies (GMDAT). We’re assuming that these are the engines for the Spark mini-car that is due to arrive on our shores sometime during the coming year.

Also on the car list are a pair of 1.6-liter fours listed at 80 and 82 kilowatts. The 80 kW unit matches the 108 horsepower output of the current Aveo engine, so presumably it’s a carryover until the new model arrives early in next year. That car is expected to use 110 hp (82 kW) version.

Finally, in the light-duty truck list, there is a 177 horsepower 2.2-liter diesel inline-four. GM has made clear that it has no plans to offer any light-duty diesel engines in the States, so we assume that this is for an export market vehicle, likely the Chevrolet Colorado pickup. The decoder guides are after the jump. A tip of the hat to xeong5!

Gallery: 2010 Chevy Spark

[Source: General Motors Service and Parts Operations]

Continue reading General Motors 2011 VIN decoder reveals new 1.0L, 1.2L, 1.6L four cylinder engines

General Motors 2011 VIN decoder reveals new 1.0L, 1.2L, 1.6L four cylinder engines originally appeared on Autoblog on Wed, 18 Aug 2010 18:58:00 EST. Please see our terms for use of feeds.

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BREAKING: General Motors files for IPO

Filed under: Government/Legal, GM, Earnings/Financials

GM Renaissance Center Headquarters with Flags

General Motors, the largest automaker based in the United States, has officially filed paperwork with the Securities and Exchange Commission for an Initial Public Offering.

By offering preferred stock along with its IPO, GM is looking to allow the U.S. Treasury (and by extension, American taxpayers) the chance to reduce its stake in the automaker as much as possible. Unlike common stock, preferred stock carries both debt and equity, is rated by the world’s credit rating companies and typically has priority over common stock in the event that the company goes into bankruptcy.

According to Bloomberg, the U.S. Treasury intends to sell a fifth of its 304 million common shares as part of the IPO, which will make the government a minority shareholder.

If GM raises the expected $16 billion in its IPO, it will rank as the second-largest in U.S. history behind Visa’s $19.7 billion in 2008. The offering will be led by Morgan Stanley, JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. Official GM fine print is available after the jump.

[Sources: General Motors, Bloomberg | Image: Associated Press/Paul Sancya]

Continue reading BREAKING: General Motors files for IPO

BREAKING: General Motors files for IPO originally appeared on Autoblog on Wed, 18 Aug 2010 16:15:00 EST. Please see our terms for use of feeds.

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General Motors and SAIC to jointly develop small engine and dual clutch transmission

Filed under: China, Technology, GM

General Motors has reached an agreement with one of its primary Chinese partners, Shanghai Automotive Industries Corp. (SAIC), on the joint development of powertrains for small vehicles.

GM and SAIC will develop and produce a family of four-cylinder engines ranging from 1.0- to 1.5-liters with direct injection and turbocharging. The GTDI engines should cut fuel consumption by around 20 percent compared to similarly-sized engines with equivalent output.

The engine will be used in GM and SAIC vehicles in China and around the world, and to go along with the new engine, the partners will also develop a small dual-clutch transmission that should provide a 10 percent boost in efficiency over current six-speed torque converter automatics. Work on the engine and transmission will occur at GM’s powertrain engineering center in Pontiac, MI and the Pan Asia Technical Automotive Center in Shanghai.

GM has yet to announced when the new powertrains will debut in production, but mid-2011 is a safe bet.

[Source: General Motors]

Continue reading General Motors and SAIC to jointly develop small engine and dual clutch transmission

General Motors and SAIC to jointly develop small engine and dual clutch transmission originally appeared on Autoblog on Tue, 17 Aug 2010 23:01:00 EST. Please see our terms for use of feeds.

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Introducing Dan Akerson, the next Chairman and CEO of General Motors

Filed under: Etc., Hirings/Firings/Layoffs, GM

Another round of CEO Musical Chairs is being played at General Motors.

When Daniel F. Akerson officially begins his tenure as GM’s chief executive officer on September 1st, he will be the fourth person to sit in that chair in less than two years. Rick Wagoner stepped down from the position at the request of the United States government and was replaced by Fritz Henderson, who then resigned in December of 2009. Ed Whitacre took the reigns in early 2010, and now Akerson will replace him as both CEO and chairman of the board by year’s end.

But who is Dan Akerson? After all, most of us had never heard his name before this big announcement, and he must be awfully qualified if he’s been offered the top-ranking position at one of the world’s largest automakers.

Akerson, 61, has been a member of GM’s board of directors since July of 2009 where he worked closely with Whitacre. In addition, he currently serves as managing director for the Carlyle Group, a United States buyout firm, and is one of the directors at American Express.

GM picked a successor for Whitacre who has had plenty of experience with business management. Akerson is the former CEO of Nextel Communications, a wireless carrier now owned by Sprint, as well as a former CEO of telecom services provider XO Communications.

He was also appointed to GM’s board of directors after the company emerged from bankruptcy reorganization last year. He may not be much of a car guy by our definition, but in terms of someone capable of running a major corporation, both Whitacre and the rest of the GM board of directors are confident that Akerson will use his years of experience to continue to reshape GM during this crucial time of restructuring. Godspeed, Dan.

[Source: General Motors, The Wall Street Journal]

Continue reading Introducing Dan Akerson, the next Chairman and CEO of General Motors

Introducing Dan Akerson, the next Chairman and CEO of General Motors originally appeared on Autoblog on Thu, 12 Aug 2010 13:58:00 EST. Please see our terms for use of feeds.

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Report: SV Motors head indicted for investment fraud

Filed under: Convertible, Coupe, Performance, Etc., Government/Legal, Specialty

SV Motors 9 Competizione – Click above for high-res image gallery

Exactly a year ago today, we got our first real-life glimpse of the SV Motors 9 Competizione, an American/Italian mash-up built atop the C6 Chevrolet Corvette and coated in custom carbon fiber coachwork. 365 days later and the dream has turned into a nightmare.

Joseph Viloa (aka Giuseppe Viola), a 58-year-old investment consultant based in San Francisco, CA and the man behind SV Motors, has reportedly been indicted by a federal grand jury on aggravated identity theft, mail and wire fraud. In the process, he allegedly bilked victims for around $7 million – two million of which went into the design and production of the SV 9. And this wasn’t the first time he’s run afoul of the law.

Viloa was previous convicted of fraud, serving five years in Arizona, and is currently behind bars in Maricopa County where he’s awaiting trial for another fraud case from 1990. His latest round of illegal escapades reportedly ran from 2004 to 2010, during which he may have defrauded at least 60 investors.

From what we can gather, only a handful of SV 9s were produced, so assuming the Feds get their conviction, the only time you’ll see a Competizione is at the occasional auto show and – yes – as Lafayette’s ride in True Blood re-runs. Top tippage Brian!

Gallery: SV Motor Company 9 Competizione

[Source: SFGate]

Report: SV Motors head indicted for investment fraud originally appeared on Autoblog on Wed, 04 Aug 2010 19:23:00 EST. Please see our terms for use of feeds.

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Report: General Motors bringing back mild hybrids next year

Filed under: Hybrid, Sedan, China, Technology, GM

Let’s try this again, shall we? General Motors has announced that it will jump back into the mild hybrid game by the third quarter of 2011. Larry Nitz, the company’s director of hybrid and electric powertrain engineering, made the announcement at a seminar in Traverse City, Michigan, though he declined to comment on exactly which models would get the fuel-saving tech next year. Nitz did say that at least one American model and one Chinese model would be a mild hybrid by the end of 2011, which leads us to believe that the tech will work its way into the Buick lineup.

GM walked away from mild hybrids after Saturn was sent to the company’s scrap heap. At the time, both the Chevrolet Malibu and the Saturn Vue wore the tech, but with the Vue out of the picture, the company couldn’t justify the cost of investing in the drivetrains. Unlike a full hybrid, mild-hybrid vehicles can’t cruise along on just electric power. Instead, the system allows the gasoline engine to shut off when the vehicle is stopped. The electric motor then starts the engine again when the accelerator pedal is depressed.

If we were guessing, we’d say that GM will debut the rebirth of the tech on the Buick LaCrosse – a model that has enjoyed equal success in China and has the potential to revitalize the brand in the U.S.

[Source: Autoweek]

Report: General Motors bringing back mild hybrids next year originally appeared on Autoblog on Wed, 04 Aug 2010 15:32:00 EST. Please see our terms for use of feeds.

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BREAKING: General Motors to announce Chevy Volt pricing/ordering on Tuesday [w/poll]

Filed under: Hybrid, Sedan, Hatchback, Chevrolet, GM, Earnings/Financials, Electric

2011 Chevrolet Volt – Click above for high-res image gallery

The three-year-long wait for the 2011 Chevrolet Volt’s official U.S. price tag will finally be over in less than 24 hours. At the Plug-In 2010 Conference in San Jose, California on Tuesday, GM VP of Marketing Joel Ewanick will announce pricing details and the ordering process for the Volt. Following the announcement, there will be a live online webchat with Volt Marketing Director Tony DiSalle.

While we’re waiting for the official announcement, you can through to the jump for a brief press release and then take our poll below.

View Poll

Gallery: 2011 Chevy Volt

[Source: General Motors]

Continue reading BREAKING: General Motors to announce Chevy Volt pricing/ordering on Tuesday [w/poll]

BREAKING: General Motors to announce Chevy Volt pricing/ordering on Tuesday [w/poll] originally appeared on Autoblog on Mon, 26 Jul 2010 14:00:00 EST. Please see our terms for use of feeds.

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Rumormill: Next Focus RS to get all-wheel drive with electric motors

Filed under: Hybrid, Performance, Hatchback, Ford, Rumormill

Despite driving only the front wheels, reviewers have heaped praise on the current Ford Focus RS’s handling and its ability to put 300 horsepower to the road thanks to some nifty suspension and driveline tricks. However, when the next-generation RS rolls into town (assuming that it becomes a reality) it may well have all-wheel-drive courtesy of an electric motor driving the rear axle.

According to Autocar, the proposed car would use a higher output version of the Blue Oval’s 2.0-liter EcoBoost four-cylinder driving the front wheels and an electric motor at the rear. This would allow for both on-demand all-wheel-drive and electric-only drive at low speeds. If this plan proceeds, it would be Ford’s first through-the-road hybrid, although French automaker Peugeot has firm plans to introduce at least two vehicles with a similar configuration in 2011.

Other alternatives reportedly being studied by Ford are an even higher output gasoline engine (sans motor assistance), or use of the next-generation power-split hybrid that debuts in 2012. However, both of these options would involve sticking with front-wheel-drive and could be problematic if Ford wants to surpass the output of the current RS.

[Source: AutoCar]

Rumormill: Next Focus RS to get all-wheel drive with electric motors originally appeared on Autoblog on Fri, 23 Jul 2010 13:59:00 EST. Please see our terms for use of feeds.

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