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Showing posts with label Market News. Show all posts
Showing posts with label Market News. Show all posts

Saturday, October 24, 2009

Ford Said to Move Production of Kuga SUV from Europe to the USA

The continuing decline of the dollar that has fallen 18 percent against the Euro this year has lead Ford to the decision to move production of its Kuga compact SUV from Europe to the U.S., or at least that is what Bloomberg reported citing three people familiar (but not named) with the plan. The news site claims that Ford will shift production of the Kuga from its factory in Saarlouis, Germany to Louisville, Kentucky in the U.S. starting from October 2011.

One of the 'insiders' told Bloomberg that as many as 80,000 examples of the Kuga a year will be exported to Europe.

Aside from making the members of the United Auto Workers union extremely happy (and the opposite for those working in Germany), Ford's move would also mean that the cool looking compact SUV would finally make its way to North American dealerships.

In Europe, Ford's VW Tiguan challenger is offered with a 200HP 2.5-liter turbocharged inline-five gasoline engine (with both automatic and manual gearbox options), and a 2.0-liter turbo diesel with 136 horsepower. However, it is very likely that Ford will add new powertrain options in the very near future as the company has already announced a http://cars-mania9500.blogspot.com/http://cars-mania9500.blogspot.com/new family of of 1.6-liter and 2.0-liter turbocharged petrol units.

Via: Bloomberg


Tuesday, October 20, 2009

Audi UK Prices A3 with S-Tronic and Start-Stop System

Audi UK Prices A3 with S-Tronic and Start-Stop System

German automaker Audi has revealed UK pricing for its updated A3 1.4 TFSI petrol and 1.6 TDI diesel models with the S tronic dual-clutch transmission that benefit from the introduction of the fuel saving start-stop function which was previously reserved for four-cylinder manual gearbox models. Priced from £18,300 (OTR), the A3 1.4 TFSI S tronic with start-stop sprints from 0 to 62mph (100km/h) in 9.3 seconds and reaches a top speed of 126mph (203 km/h), while returning a combined 53.3 mpg UK (44.4 mpg US) with 124g/km of CO2.

The A3 1.6 TDI diesel S tronic with start-stop is priced from £18,905 OTR. According to Audi, it accelerates from 0 to 62mph in 11.7 seconds, has a top speed of 121mph or 195 km/h and achieves a combined fuel economy of 67.3 mpg UK (56.0 mpg US) with 109g/km of CO2.

Both models are available for order now with first deliveries expected in early December.