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Found 6 results

  1. Henrik Fisker has resurrected his namesake company. Speaking with Bloomberg, Fisker said his new company Fisker Inc. will reveal a "premium, all-electric vehicle in the second half of 2017." Various about this new vehicle and the underlying electric technologies are currently under lock and key. But Bloomberg was able to glean some information about it. The battery technologies developed by Fisker Nanotech - their battery division - promises over 400 miles of range and feature industry-leading battery life that could "match the life of the vehicle." “The technology emanates from several professors from UCLA who have been working on energy storage. We have already developed prototypes that you won’t see anywhere else,” said Jack Kavanaugh, chairman of Fisker Nanotech. Fisker wouldn't say much about the design of the new model except that it would feature some of his own design elements. “It will definitely be something that when you see it, it will look completely different. It will be sporty and spacious. And you’ve got to make something look beautiful—there is no excuse for making an ugly car, even with new technology—so it will definitely have some of my signature elements.” The company also plans on launching an affordable model down the road. Source: Bloomberg
  2. Henrik Fisker has resurrected his namesake company. Speaking with Bloomberg, Fisker said his new company Fisker Inc. will reveal a "premium, all-electric vehicle in the second half of 2017." Various about this new vehicle and the underlying electric technologies are currently under lock and key. But Bloomberg was able to glean some information about it. The battery technologies developed by Fisker Nanotech - their battery division - promises over 400 miles of range and feature industry-leading battery life that could "match the life of the vehicle." “The technology emanates from several professors from UCLA who have been working on energy storage. We have already developed prototypes that you won’t see anywhere else,” said Jack Kavanaugh, chairman of Fisker Nanotech. Fisker wouldn't say much about the design of the new model except that it would feature some of his own design elements. “It will definitely be something that when you see it, it will look completely different. It will be sporty and spacious. And you’ve got to make something look beautiful—there is no excuse for making an ugly car, even with new technology—so it will definitely have some of my signature elements.” The company also plans on launching an affordable model down the road. Source: Bloomberg View full article
  3. Last week, Volvo announced that will be building a factory in South Carolina that will go online in 2018 and build 100,000 vehicles per year. Quite ambitious considering the brand only sold 56,366 vehicles in the U.S. last year. But the plant is part of a new comeback plan for Volvo. "We have reinvented ourselves and we believe it now makes sense to go on the attack again in the United States," said Lex Kerssemakers, CEO of Volvo Cars of North America. Now you might be scratching your head, wondering how a plant that will build more cars than Volvo actually sells at the moment will help the automaker. Well there is precedent with this decision. Both BMW and Mercedes-Benz built plants in anticipation of future growth almost two decades ago and it has worked like a charm. But for this happen, Volvo also needs some new products and tech to pull this off. Well the company is rolling out its brand new XC90 crossover and their Drive-E engine lineup. "All the planets are aligning for Volvo right now. They have wanted a bigger U.S. manufacturing presence for a long time. Now they have the investment and the future product lineup, and the U.S. market is expanding to support it," said Michael Robinet, managing director of IHS Automotive. Source: Automotive News (Subscription Required) View full article
  4. Last week, Volvo announced that will be building a factory in South Carolina that will go online in 2018 and build 100,000 vehicles per year. Quite ambitious considering the brand only sold 56,366 vehicles in the U.S. last year. But the plant is part of a new comeback plan for Volvo. "We have reinvented ourselves and we believe it now makes sense to go on the attack again in the United States," said Lex Kerssemakers, CEO of Volvo Cars of North America. Now you might be scratching your head, wondering how a plant that will build more cars than Volvo actually sells at the moment will help the automaker. Well there is precedent with this decision. Both BMW and Mercedes-Benz built plants in anticipation of future growth almost two decades ago and it has worked like a charm. But for this happen, Volvo also needs some new products and tech to pull this off. Well the company is rolling out its brand new XC90 crossover and their Drive-E engine lineup. "All the planets are aligning for Volvo right now. They have wanted a bigger U.S. manufacturing presence for a long time. Now they have the investment and the future product lineup, and the U.S. market is expanding to support it," said Michael Robinet, managing director of IHS Automotive. Source: Automotive News (Subscription Required)
  5. By William Maley Staff Writer - CheersandGears.com March 19, 2013 Mitsubishi is mounting a comeback in the U.S. The brand which only sold 57,790 vehicles last year, a 27% drop in sales compared to 2011, has big plans that involves more marketing and beginning to fill the holes in the lineup. Masatoshi Hasegawa, executive vice president of corporate planning for Mitsubishi Motors North America told Automotive News the brand is looking at a new midsize sedan and a larger crossover. "We are looking into a possibility for the [mid-sized sedan] segment, and we may look into maybe a bigger brother to the Outlander." Hasegawa also noted that a replacement for the aging Lancer compact is sorely needed. But any decision and/or appearance of these new models isn't likely to happen until 2015, the year that Mitsubishi hopes to be selling 100,000 vehicles per year, A comeback is "not going to happen overnight," Hasegawa said. "We went into a descent, so it's going to take time to get back up again. But I think now we will definitely go into an upward trend." So what will happen in the meantime? Well for starters, Mitsubishi will show the new Mirage subcompact at the New York Auto Show next week that will go on sale in the fall. Next will be the new 2014 Outlander crossover that will be coming out in June along with a massive marketing behind it. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster.
  6. By William Maley Staff Writer - CheersandGears.com March 19, 2013 Mitsubishi is mounting a comeback in the U.S. The brand which only sold 57,790 vehicles last year, a 27% drop in sales compared to 2011, has big plans that involves more marketing and beginning to fill the holes in the lineup. Masatoshi Hasegawa, executive vice president of corporate planning for Mitsubishi Motors North America told Automotive News the brand is looking at a new midsize sedan and a larger crossover. "We are looking into a possibility for the [mid-sized sedan] segment, and we may look into maybe a bigger brother to the Outlander." Hasegawa also noted that a replacement for the aging Lancer compact is sorely needed. But any decision and/or appearance of these new models isn't likely to happen until 2015, the year that Mitsubishi hopes to be selling 100,000 vehicles per year, A comeback is "not going to happen overnight," Hasegawa said. "We went into a descent, so it's going to take time to get back up again. But I think now we will definitely go into an upward trend." So what will happen in the meantime? Well for starters, Mitsubishi will show the new Mirage subcompact at the New York Auto Show next week that will go on sale in the fall. Next will be the new 2014 Outlander crossover that will be coming out in June along with a massive marketing behind it. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. View full article
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