Chinese Company Buys Hummer from GM

GM’s iconic Hummer brand has been acquired by a Chinese heavy construction equipment maker for about $150 million, marking another step in the long march by China to develop a world class local automobile industry. The deal, which was announced on the General Motors website, stipulates the manufacture of all Hummer brand vehicles will continue at its U.S. plants until 2011, ensuring 3,000 workers will keep their jobs. Sichuan Tengzhong Heavy Industrial Machinery Co. will take 80% and a Chinese entrepreneur from Sichuan province in China’s interior, Suolang Duoji will take 20%.

Tengzhong was an obscure private company until it made headlines in June announcing it was in talks with GM to buy Hummer. Initially the official Chinese press conveyed Beijing’s displeasure over such a deal, claiming that the purchase of the gas guzzling Hummer brand was not in keeping with the country’s goal of cleaning up its environment. However insiders said that what really rankled the authorities was that Tengzhong did not seek approval from the central government before making the bid. All overseas investments require the government’s blessing, and Beijing is particularly sensitive to how attempted overseas purchases would be perceived by a world that is increasingly wary of the country’s growing economic might.

Though Tengzhong has no previous record in assembling cars, it will have a couple of years to learn things from the inside before attempting to move operations to China. The holy grail for Chinese automakers has been the intellectual property and full design capability of international brands, which has made other investment targets nervous about doing deals with them. Beijing Automotive had attempted to by the Opel brand from GM during the summer, but the transfer of design know how became a deal breaker in the end. No doubt Credit-Suisse, which advised Tengzhong on the deal, made sure that details about the transfer of technology were clearly spelt out. It will want to ensure it doesn’t repeat the mistakes made by Shanghai Automotive Industrial Corp. which bought a majority stake in Ssangyong Motors in Korea, a company which is now in bankruptcy. The Korean side accused SAIC of trying to steal its technology. Chances are there will be more attempts by Chinese automakers to acquire overseas capabilities. Geely Automotive was rumored to be interested in buying either Saab or Volvo, and is likely to continue scouring the globe for auto assets.

Lotus Evora in 3 years the concessions will be gone

This is the announcement by Dany Bahar who wants in its new industrial and financial "clean slate" of the past the past the firm of Ethel. Thus, we learn that the beautiful and powerful Evora live only 4 years in all and for all as it is marketed only since late June 2009 ...Thus we learn that all the people who worked near or far to the "old" Lotus projects were landed and we all remember with emotion the very long interview with the designer of the Evora, who saw a long future for this great car, unfortunately the adventure will not last long as the pretentious Dany Bahar puts everything flat, confirming that the objective is to tackle Lotus Porsche, nothing less and forget very quickly that it behind Porsche is the enormous power of the VW group could overnight to make short work of Lotus

2010 Renault Grand Scenic details and price

The Grand Scenic is in September / October on the market. Visually it is different now more than ever from the Scénic. With 4.56 meters, he is about 20 inches longer and on request also as a seven-seater to. Even more luggage fits in, namely 678 to 2083 liters. Prices start at 20,200 euros for the 110-horsepower gasoline engine.

Rides Hyundai Sonata Turbo: A touch of Brabus and Ferrari

Specific models require special measures: Hyundai USA secured for the realization of a failed Sonata Turbo cooperation with the U.S. industry magazine "Rides" and "00-60". Ado a remote Hyundai Sonata Turbo 2011, the assembly line in Alabama and brought to the Rides Hyundai Sonata Turbo on the track.

Under the hood: A 2.0-liter turbo engine with 278 hp and 364 Nm of torque, which provides for the right thrust. Other distinguishing marks: Performance Tuning parts of the leading suppliers to give the Sonata a touch of Ferrari and Brabus.

Ben Harris, publisher of the Tuning Magazine, says: "The Sonata Turbo is the ideal platform for us to the seemingly irreconcilable worlds of performance, aesthetics, luxury, technology and style to bring under one umbrella." So did Harris and the tuning specialists selected a theme of his magazines, highlighting the style and the line of the Sonatas and carefully combines with influences of exotic supercars.

The external changes were made discreetly and tastefully. It can be seen the inspiration of the four-door Mercedes CLS Brabus Rocket from the optical broadening and strengthening the overall body. Dynamically converging lines at the front and rear edges of character and share a sporty touch.

The core elements are also concave, one-piece 20-inch wheels, the matte pearl white paint and various carbon parts, such as roof, grille, door mirrors and rear diffuser. Individual LED fog lamps complete the exterior appearance.

The sporty interior covers significant inspiration from the Ferrari F430 - including eye-catching leather stitching and many parts of carbon throughout the interior. Those who feel comfortable here in the future may be, are also used in the acoustic enjoyment of substantial changes to the intake and exhaust systems.

First images of the exclusive Pagani Zonda HH

Not long before the first images appeared Zonda HH exclusive supercar created by Pagani in a single copy for a client in America.

2011 Ford F-150 SVT RAPTOR details and spy shots

Last time when he was spotted pickup Ford F-150 SVT Raptor, every inch of his body was covered with impenetrable camouflage. But this time, camouflage has been removed completely, allowing you to consider in detail the new product.

And its official confirmation has found information that under the hood of Ford F-150 2011 SVT Raptor will be 6.2-liter V-8 engine. In addition, in the range of power units also appear 5.4 liters. V-8 has 320 hp and 530 Nm of torque.

6.2-liter version of the V-8 already has a 411 hp and 588 nm, and it is this unit can enter as standard to provide a pick-up in this all-terrain characteristics.

On the release date of sale and the cost so far no information.

GM equipped Chevrolet Caprise under police car

General Motors Corporation introduced the latest version of the model modification Police Chevrolet Caprice, wrote WorldCarFans.

As the newspaper writes, created on the platform RWD Holden Statesman car is equipped spetsializiovannymi front seats, Office for the detainees, bracket arms, as well as on-board information center. Under the hood of the car mounted 6.0-liter V8 engine 350 hp, which Caprice is accelerated to 100 CPM less than six seconds.

Deliveries concerned security agencies is GM will begin in October this year.

Lotus Elise 2015 - Change of era

The new Lotus are numerous, and one of them will change the core of the British brand since has been made the Lotus Elise 2015. This concept car, close enough to the series, illustrates what will be the new generation.

Toyota promises hydrogen car until 2015

Toyota promises us that in January-with-the-street 'by 2015' in a hydrogen-Toyota dealer can order. It is the Fuel Cell Hybrid Vehicle (HV-FC). Currently running in the United States with 100 copies of an endurance test on the Toyota Highlander FCHV-based Advanced (photo). The range of the cars is 700 kilometer.
Before that happens, let us first learn about Toyota's plug-in hybrid. In 2012 appears as a plug-in Prius hybrid at the dealers. Currently all ride at different places in the world test fleets of these cars. The introduction of fully electric cars is scheduled.
Toyota's announcement is somewhat at odds with the state of other manufacturers. For example, BMW recently development program for hydrogen cars put stop. The research is in these times according to the German mark too expensive and it lacks a petrol station network for hydrogen cars. Thus the test fleet may not be a real practice test subject. BMW announces preferred to spend the development budget to the efficiency improvement of future engines.

Chevy Z-Spec accessories previews for Sonic ahead of New York

Chevrolet is hopping headlong into the dealer as aftermarket business with the new Z-Spec Full line of parts and accessories. The new performance and visual tricks with the highly anticipated 2012 Chevrolet Sonic small cars shown here begin. Scheduled in the next week in New York Auto Show the first time the area of ​​custom bits available by the end of 2011 and is primarily visual equipment is - at least for the moment. The Z-Spec line is a Build-Out of Spec Z Sonic concept that debuted next to the production car at the Detroit Auto Show this year.

At the start Chevrolet's promises a ground effects package with unique front and rear and side skirts, along with a tail pipe finisher, spoiler and 16 - and 17-inch painted alloy. Inside, Chevy dealer can also fit your flights with Sonic bit faster as sports pedals and aluminum door sills drilled. The biggest visual change is probably the "Color Out" contrasting trim packages, the accent color painted grill include "Lipstick", side mirror caps and rear spoiler. Buyers will also need to be able equipped their vehicles with a range of packages, such as the matrix dot pattern seen here.

Critical Z-spec parts can be either a full-on packageor be bought in parts, and customers can add the cost of the accessories in their monthly payment at time of purchase.

Pricing is yet to be announced. Check out our high-res gallery and click past the jump for the official press release.