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Cadillac Converj Won’t See Production

Looks like the Cadillac Converj prototype won’t see the production line and that’s a real shame. This concept ws one of the most talked about vehicles and now GM will literally pull the plug on any plans get this beaut in garages around America. Once Bob Lutz is officially retired it would be to get the full story on this decision.

From AutoGuide.com:

Cadillac’s beautiful plug-in hybrid concept car will remain a great idea, but nothing more. According to a report by Automotive News, GM Vice Chairman Bob Lutz wrote in a text message that the Converj, first shown at the Detroit Auto Show in 2009 and well-received by the media, won’t be headed for production.

Lutz wrote that, “priorities and the conviction that the Volt and Ampera will use all available capacity for years to come,” mean that the Converj project has been canceled. This comes as somewhat of a surprise, as it was thought that a higher output version of the Volt’s motor, fitted into a Cadillac, would not only be appealing to consumers, but would also make for a profitable business case. The higher profit margins and higher dollar value of a Cadillac would help cover the cost of the expensive high-technology powertrain.

Read the full article here.

Chrysler finance chief Jerry York passes away

Former Chrysler finance chief and GM board member Jerry York passes away at the age of 71. York was tough and right on when he scolded GM that they needed major changes.

From the Detroit News:

Jerry York, the turnaround expert who helped reshape Chrysler Corp. and IBM as chief financial officer, died Thursday at POH Regional Medical Center in Pontiac after suffering a brain aneurysm.

He was 71 and lived in northern Oakland County. Funeral arrangements are pending.

York, a director at Apple Inc. since 1997, spent more than 40 years in and around the auto industry.
In recent years, he advised billionaire investor Kirk Kerkorian on his investments in all three Detroit automakers. As a member of General Motors Corp.’s board in 2006, he unsuccessfully pushed for an alliance with Renault-Nissan and deeper cost cuts.

Read the full article here.


Photo from fOTOGLIF

Ford, Toyota & Honda score well in J.D. Power rankings

It’s that time of year for the J.D. Power ranking and it looks like Ford, Toyota and Honda scored pretty well. It takes years to change perceptions but when a potential buyer reads the J.D. Power reports it doesn’t take long to register points.

From AutoNews.com:

DETROIT — Ford Motor Co., Toyota Motor Sales U.S.A. and American Honda Motor Co. claimed the biggest victories among mainstream automakers in the latest reliability scorecard from J.D. Power and Associates.

All three of Ford’s domestic brands finished among the top eight in Power’s annual study of how well vehicles hold up after three years of ownership. Toyota-Lexus and Honda-Acura also placed in the top 10 of the Vehicle Dependability Study, released today.Porsche, which sells fewer cars in a year than industry leaders sell in a week, topped 2009 co-winners Buick and Jaguar to rank No. 1.

Read the full article here.


Photo from fOTOGLIF

Nissan Leaf priced at U.S. $38,500+ in Japan

Will the upcoming Nissan Leaf Electric car sell at a price of 38k in the U.S.? Looks pretty price from my perspective, but if this new technology can deliver as promised Nissan might hit a solid double here.

From Autoblog.com:

Interest in, and “pre-orders” for, the Nissan Leaf remains high, but a report from the Japanese newspaper the Mainichi Shimbun might put a damper on things. Apparently, the price for the all-electric car in Japan will be somewhere between 3.5 million and 4 million yen, which is about $38,667 to $44,191 U.S. at today’s exchange rates. Granted, even if these prices are accurate, they certainly don’t automatically equal the MSRP for the U.S. market, but they are higher than what we’ve been expecting – i.e., under $30,000 after the $7,500 federal tax credit. We went and looked at the prices for a couple of other cars in Japan, to see how the Leaf’s 3.5 million compares. The Toyota Prius runs between 2.0 and 3.27 million yen ($22k–36k USD). The Honda Insight? From 1.89 to 2.2 million ($21k-24.4k USD).

Read the full article here.

Ford Mustang GT Gets Best-In-Class

Orders for the 2011 Mustangs are going to be strong and when you look at the improvements in drivetrain it’s easy to see why this is where ford wants to be! 2011 Mustang V-6 Engine Pumps 305 HP, Gets 30 MPG and 2011 Mustang GT gets a new six-speed transmission and Ford’s Twin Independent Variable Camshaft Timing (Ti-VCT) and it gets 17/26 mpg (city/highway) with the automatic and 18/25 mpg with the manual. These are real numbers in an incredibly priced sports car. Gotta love the renewed wars between the Stang and Camaro.

Again, The consumer is the real winner here!

From AutoGuide.com:

Not only does Ford’s new 5.0-liter V8 for the 2011 Mustang GT make incredible amounts of horsepower, but it also achieves best-in-class fuel economy. Thanks in part to a new six-speed transmission and Ford’s Twin Independent Variable Camshaft Timing (Ti-VCT), it gets 17/26 mpg (city/highway) with the automatic and 18/25 mpg with the manual. This is an improvement over the 15/22 mpg (auto) and 15/23 (manual) rating for the old 4.6-liter V8, while delivering almost 100 more horsepower. The V6 Mustang also gets a class-best rating of 19/31 mpg (automatic)

In comparison, the new 2011 Mustang GT edges out the Camaro SS which has a rating of 16/25 mpg with the auto and 16/24 mpg with the automatic.

Read the full article here.

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