12/6 blog
December 6th 2006 17:14
GM Europe banks on revamped Opel Corsa for higher profits
General Motors Corp’s European division expects higher profits in 2007, with higher sales in Russia and increased demand for its revamped Opel Corsa model.
"We want to earn more in 2007 and the new Corsa should help us to do so," Carl-Peter Forster told reporters at the Bologna Motor Show.
Forster said sales in Russia are expected to increase to about 180,000 next year, up from the 120,000 sold so far this year. After six years of losses, the division is on pace to turn a profit this year. GM Europe earned $196 million through September of 2006 compared to a $183 million loss a year ago.
The Opel Hastra hatchback, which goes on sale in Europe in February, features some design changes and updated powertrains.
New Honda Accord coupe to be unveiled in Detroit
Japanese automaker Honda Motor Co. will debut an Accord coupe concept at the North American International Auto Show in Detroit in January, the company said on Tuesday. The concept vehicle could provide a few details on how the next generation Accord will be designed. It is the first time that Honda has launched an Accord concept at a major auto show.
Mercedes-Benz debuts new, eight-cylinder diesel engine
Mercedes-Benz is rolling out a new diesel engine — an eight-cylinder S 420 CDI. The new engine features 320 horsepower and 730 newton metres of torque.
The new addition means that Mercedes S-class vehicles will now feature two diesel engines and six petrol models. The S 420 CDI goes from 0 to 100 km/h in 6.6 seconds.
General Motors Corp’s European division expects higher profits in 2007, with higher sales in Russia and increased demand for its revamped Opel Corsa model.
"We want to earn more in 2007 and the new Corsa should help us to do so," Carl-Peter Forster told reporters at the Bologna Motor Show.
Forster said sales in Russia are expected to increase to about 180,000 next year, up from the 120,000 sold so far this year. After six years of losses, the division is on pace to turn a profit this year. GM Europe earned $196 million through September of 2006 compared to a $183 million loss a year ago.
The Opel Hastra hatchback, which goes on sale in Europe in February, features some design changes and updated powertrains.
Honda Accord concept vehicle
New Honda Accord coupe to be unveiled in Detroit
Japanese automaker Honda Motor Co. will debut an Accord coupe concept at the North American International Auto Show in Detroit in January, the company said on Tuesday. The concept vehicle could provide a few details on how the next generation Accord will be designed. It is the first time that Honda has launched an Accord concept at a major auto show.
Mercedes-Benz debuts new, eight-cylinder diesel engine
Mercedes-Benz is rolling out a new diesel engine — an eight-cylinder S 420 CDI. The new engine features 320 horsepower and 730 newton metres of torque.
The new addition means that Mercedes S-class vehicles will now feature two diesel engines and six petrol models. The S 420 CDI goes from 0 to 100 km/h in 6.6 seconds.
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Comment by Adele
Lost Fanatic
Day Break TV
Have you heard about the Ferrari that is supposed to environmentally, um, not as bad? I caught the tail end of a news segment on it, but didn't catch the model.