The Carlovers Magazine

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• 2011 Mazda MX-5 Miata – Still A Superb Roadster
• Renault Spy Investigator Charged with Fraud
• Japan Quake Disrupts Honda Product Development
• Key Microchip Plant in Japan Won’t Reopen Until July
• PSA, Nissan Say Production Returning to Normal
• Fiat, Toyota Lead in Cutting Carbon Dioxide
• Deutsche Bank Cuts Profit Outlook for Japan’s Carmakers
• BMW Puts U.S. Advertising Account Up for Review
• Americans Boost Spending
• Toyota rumored in talks on selling Prius III hybrid technology to China’s FAW

2011 Mazda MX-5 Miata – Still A Superb Roadster Posted: First Look: The elemental charm of Mazda Miata has been thrilling the sports car fanatics for more than two decades now. The first Mazda Miata reminded of 1960s' British roadsters, but in addition the Mazda also came with a rigid chassis, an engine which didn’t mark its province with oil, steadfast electrics and a soft [...]

Renault Spy Investigator Charged with Fraud Posted: French authorities have charged Michel Luc—the mysterious private investigator in Algeria hired to probe claims of espionage at Renault SA—with fraud and criminal conspiracy. French police say Renault's security unit paid Luc more than €300,000 to produce bank receipts proving that three Renault executives received illegal payments for leaking secrets about [...]

Japan Quake Disrupts Honda Product Development Posted: Honda Motor Co. says heavy earthquake-related damage to its global technical center in Utsunomiya, Japan, will delay its research and development activities for weeks. Honda is reassigning about 1,000 employees from the center to undamaged facilities elsewhere. The company said last week it will need several months to repair the facility, [...]

Key Microchip Plant in Japan Won’t Reopen Until July Posted: Renesas Electronic Corp., the auto industry's biggest supplier of microprocessors, says it earthquake-damaged chip plant in Naka, Japan, won't be ready to resume production until July. The facility accounts for 15% of the company's worldwide chipmaking capacity, according to The Nikkei. Renesas says it has resumed limited production at five of [...]

PSA, Nissan Say Production Returning to Normal Posted: PSA Peugeot Citroen SA says it expects its diesel production in Europe to begin returning to normal on Thursday. The company stopped making some diesel engines and diesel-powered cars last Tuesday because its supply of airflow sensors from Hitachi Automotive Systems Ltd. had been disrupted by Japan's earthquake on March 11. Separately, [...]

Fiat, Toyota Lead in Cutting Carbon Dioxide Posted: Fiat SpA had the lowest average carbon dioxide emission per vehicle last year—123.1 g/km—among high-volume carmakers in Europe, according to JATO Dynamics. The research firm also says Toyota Motor Corp. is the closest in percentage terms to achieving its EU CO2 targets for 2015. The targets, which vary by carmaker, are [...]

Deutsche Bank Cuts Profit Outlook for Japan’s Carmakers Posted: Deutsche Bank says this month's earthquake, tsunami and nuclear disaster will sharply lower profits for Japan's largest carmakers in the fiscal year that begins on 1 April. The bank now estimates that Toyota Motor Corp.'s operating profit will slide to 135 billion yen (€1.2 billion)—84% below its previous prediction. It also [...]

BMW Puts U.S. Advertising Account Up for Review Posted: BMW AG's North American unit says it is looking for a new advertising agency to handle most of its BMW brand creative work. The company spent an estimated $252 million (€179 million) on advertising in the region last year. BMW ended its five-year-old relationship with GSD&M, a Texas-based unit of Omnicom [...]

Americans Boost Spending Posted: Americans increased their spending by 0.7% from January to February, the eighth straight month of gains and the biggest month-to-month jump since October, according to the U.S. Department of Commerce. But roughly half the increase was caused by higher prices, mainly for food and energy. Economists note that inflation is absorbing [...]

Toyota rumored in talks on selling Prius III hybrid technology to China’s FAW Posted: A source close to Toyota Motors reveals that Toyota has sold the technology of the third-generation Prius to China's auto giant FAW Group, but the two companies would not expose the deal to the public now and say they are in talks about local production. It could be a new explanation to the delayed local [...]

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