30th March 2010

Nissan Leaf Priced as Low as $25,280


 
The price of Nissan’s upcoming all-electric Leaf will start as low as $25,280, according to the automaker. But that price comes with several caveats.

The Leaf’s MSRP is $32,780, but Nissan has subtracted the $7,500 federal tax credit from it to get $25,280. Nissan will also offer a leasing program for the EV of $349 a month.

Additional state and local incentives also can be applied to the cost. California, for instance, has a $5,000 tax rebate for residents who buy a battery electric or plug-in hybrid car, while Georgia offers a $5,000 tax credit, and Oregon has a $1,500 tax credit.

The home charging dock will cost an average of $2,200 with installation, but it will be eligible for a federal tax credit of up to $2,000. Using national electricity price averages, Nissan says it should cost less than $3 to “fill up” the Leaf.

There’s no word on the Leaf’s destination fee yet. The Leaf will be available in select dealerships in December and nationwide in 2011. Nissan will begin accepting reservations for the Leaf on April 20.

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30th March 2010

V8 Supercars – whose future is it anyway?

Agree with the production car series sentiments but have to say, for those who have never experienced a V8SC race up close; it’s far more exciting than you’d believe watching on TV.

I was never really all that interested in the formula but last year, unexpectedly experienced a race when they decided to hold the first of what will now be an annual event in the calendar outside my office in Olympic Park.

The place was buzzing and the constant roar of the V8′s throughout the day was so incredible that you couldn’t help but be drawn in by it all.

I’ll admit that the series isn’t perfect and while I have a healthy respect for the brands involved, I don’t really buy into the traditional rivalry. That said, I think alot of you do yourselves a diservice by selling the series short without seeking to experience it up close.

I know I did.

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30th March 2010

Mazda On The Prowl For A New Beau

There is a new Japanese bride on the Match.com equivalent of the international auto business. It’s Mazda. Despite pronouncements that Mazda’s “strategic alliance with Ford will remain unshaken” (as uttered at a Monday press conference by Mazda Executive VP Masaharu Yamaki,) everybody who knows the business knows: The bloom is off the rose between Mazda and Ford. What’s more, Mazda is on the prowl to do some nampa with another potent partner. Who will it be?

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30th March 2010

2011 Subaru Impreza WRX STI teased

On April 1st Subaru will unveil the 2011 Subaru Impreza WRX STI at the New York Auto Show. But before that the company unveiled a teaser image of the future car giving us a small idea on what to expect. And we like the perspective.

That huge rear wing make us believe the car will look better than ever. Finger crossed!

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30th March 2010

Report: Lamborghini’s future includes less weight, no forced induction and… no manuals?!

Report: Lamborghini’s future includes less weight, no forced induction and… no manuals?!

by Zach Bowman (RSS feed) on Mar 29th 2010 at 8:10PM

Lamborghini Gallardo LP570-4 Superleggera – Click above for a high-res image gallery

Lamborghini has thrown the motoring world a curve ball with a report that Sant’Agata will be leaving manual transmissions to the dinosaurs, just like Ferrari. According to Car and Driver, the decision was part of the company’s commitment to increasing the overall fuel economy of its products – something the Raging Bull really hasn’t had to bother with in the past. In addition to scrapping the third pedal, the company says it plans to build ever-lighter exotics, which means you can bet your pants there will be even more carbon fiber in Lambo’s future line-up.

Don’t expect to see any turbocharged Gallardos in the next few years, though. While automakers around the world may be strapping forced induction to their engines as a way to curb fuel consumption and maintain power, Lamborghini says it has no interest in playing with the extra psi. Instead, look for stop/start tech and cylinder deactivation to crop up over the next decade, as well as a mild-hybrid car and an E85-capable V10. The times? They are most definitely changing.



[Source: Car and Driver]

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30th March 2010

Volvo Deal Transforms Both Ford, Geely

Ford Motor Company has sold Volvo to China’s Geely for $1.8 billion, some $4.6-billion less than it paid back in the Jacques Nasser era. Ford will complete the deal and hand over keys to the Swedish automaker and its Swedish and Belgian factories by the third quarter of this year. Meanwhile, Geely plans to make Volvo a Sino-Swedish company, while keeping those European plants open. The deal transforms Ford as much as it transforms Geely.

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