The Carlovers Magazine

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• Peugeot Shows Crossover Concept
• Renault to Use Nissan’s New GDI Engines
• Ford Expands F-150 Airbag Recall
• GM Urges Funding to Build Hydrogen Infrastructure
• Chrysler: CNG-Fueled Cars Six Years Away
• Chevy Volt Honored for Engineering
• Fiat Could Raise Chrysler Stake to 46% by June
• Sweden Reviews Saab’s Asset Sale Plan
• Porsche Stock Sale Raises €4.9 Billion
• PSA Reveals SxC Hybrid Crossover Concept

Peugeot Shows Crossover Concept Posted: PSA Peugeot Citroen SA has released the first images of its Peugeot SxC hybrid crossover concept vehicle ahead of the vehicle's public unveiling next week at the Shanghai auto show. PSA hasn't revealed whether it will produce the vehicle, but it has said it will introduce at least one [...]

Renault to Use Nissan’s New GDI Engines Posted: Renault SA will launch its versions of alliance partner Nissan Motor Co.'s new gasoline-direct-injection engines over the next two years, Wardsauto.com reports. The online news site says Renault will begin making a 1.2-liter four-cylinder unit in Valladolid, Spain, in 2012, and a 900-cc three-cylinder unit at its Dacia unit's plant [...]

Ford Expands F-150 Airbag Recall Posted: Ford Motor Co. has responded to months of prodding by the federal government by agreeing to recall 1.2 million more F-150 pickup trucks and some Lincoln Mark LT SUVs sold in the U.S. The action expands an earlier recall to fix a wiring problem in the steering wheel that could [...]

GM Urges Funding to Build Hydrogen Infrastructure Posted: General Motors Co. says its fuel cell technology is at the same stage of development as the company's lithium-ion battery-powered vehicles. The difference, says research and development chief Alan Taub, is that the latter vehicles can be produced now because they don't require a new refueling infrastructure. Taub warns attendees at [...]

Chrysler: CNG-Fueled Cars Six Years Away Posted: Fiat SpA and its Chrysler Group LLC affiliate continue to say they will offer compressed natural gas-powered vehicles in the U.S. But Chrysler indicates that day may not come until 2017. Bob Lee, Chrysler's vice president for engine and electrified propulsion systems, tells Bloomberg News that Chrysler is "very actively" [...]

Chevy Volt Honored for Engineering Posted: The readers and editors of SAE International’s Automotive Engineering International (AEI) magazine have selected General Motors Co.'s Chevrolet Volt plug-in hybrid car as the “Best Engineered Vehicle of 2011.” The award, now in its eleventh year, was presented this week at the SAE World Congress in Detroit. AEI’s editorial team [...]

Fiat Could Raise Chrysler Stake to 46% by June Posted: Fiat SpA, which owns 30% of Chrysler Group LLC, could increase its stake to 46% in as little a two months, says Automotive News Europe, which cites unnamed sources. The newspaper says the key is to reduce Chrysler's $7.4 billion (€5.1 billion) in bailout loans from the U.S. and Canadian governments [...]

Sweden Reviews Saab’s Asset Sale Plan Posted: The Swedish government has received Spyker Car N.V.'s proposal to revive its Saab Automobile unit by selling much of the carmaker's assets and leasing them back. Officials have given no timetable for deciding whether to approve the plan. Saab suspended production last week at its plant in Trollhattan after several suppliers [...]

Porsche Stock Sale Raises €4.9 Billion Posted: Porsche SE says its rights offering of 131 million shares raised €4.9 billion. The funds will be used to reduce the holding company's debt to €1.5 billion from about €6.1 billion, thus facilitating its plan to merge with Volkswagen AG. The two companies agreed to combine in 2009 after Porsche SE's [...]

PSA Reveals SxC Hybrid Crossover Concept Posted: PSA Peugeot Citroen SA will publicly unveil its Peugeot SxC hybrid crossover concept vehicle at next week's Shanghai auto show. PSA has not said whether it will produce the four-seater car. But it notes the vehicle was designed at the company's studio in Shanghai specifically for the Chinese market. The SxC is [...]

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