Selasa, 08 Desember 2009

Early Drive Reveals ’11 Buick Regal Jolt

Skeptics will say, “Here we go, again,” as General Motors Co. taps its German subsidiary Adam Opel GmbH for product to rebuild one of its brand’s showrooms in the U.S.

Clearly, it didn’t work for Saturn or Cadillac a decade earlier. But with the new-for-’11 Buick Regal, GM finally may have found the right home and, more importantly, the right strategy for injecting some Germanic soul into its American cars.

The new sports sedan arrives stateside in second-quarter 2010 after highly successful launches late last year in China and in Germany as the Opel Insignia.

The Insignia is drawing rave reviews on its home turf, where it ranks as the best-selling sedan in its class and since last November has racked up more than 30 awards, including European Car of the Year.

In China, the locally built Regal launched in December and has sold some 64,000 units. Young Chinese particularly are captivated by the Regal, keeping the average age of its buyers around 35 years – astonishingly low for Buick.

GM shows the U.S.-bound Regal to the public at the Los Angeles auto show this week after unwrapping the car earlier to journalists in Detroit and to Buick enthusiasts in L.A.

But before the Regal hits the full show circuit and ahead of formal testing next year, GM offered a handful of media several hours behind the wheel and, for comparison, its sister the Insignia. The Regal’s principle target in the U.S. is the Acura TSX.

Waterfall grille one of few Buick cues on new Regal.

Photo Gallery

Driving pre-production Regals along rural roadways outside of Detroit here makes it easier to understand why GM backed out of a deal to sell a majority stake in Opel to Canadian parts maker and contract vehicle-assembler Magna International Inc. In short, Opel makes a fine car.

The U.S.-spec Regal leverages the same Epsilon II platform, which also underpins the new-for-’11 Buick LaCrosse that launched in North America in September, but with subtle mechanical and design differences between its Chinese and German iterations.

For example, the engine is federalized to meet U.S. regulations, as are items such as the mirror glass and the guts of the headlights. But little differs in styling between the Insignia and Regal. Aside from the Buick grille and 3-shield badges, sheet metal is exactly the same.

In fact, Buick’s signature port holes will not get stamped into the Regal’s hood until production begins in North America in 2011. GM also installs an insert to the front bumper to fill the elongated European license plate basin until U.S. production begins.

The Regal’s design proves more striking out on the roadway with some morning rain splattered along its haunches than in GM’s advanced design studio, where Ward’s first glimpsed the car a few weeks ago.

Standard motivation comes via GM’s new 2.4L 4 cyl. engine with gasoline direct-injection technology, making 182 hp and 172 lb.-ft. (233 Nm) of torque. GM pegs its fuel economy at 20-30 mpg (11.8-7.8 L/100 km) city/highway on regular gasoline.

’11 Buick Regal
Vehicle typefront-engine, 2WD 5-passenger sedan
Engine2.0L turbocharged 4 cyl. w/gasoline direct injection
Power (SAE net)(SAE net) 220 hp @ 5,300 rpm
Torque258 lb. ft. (349 Nm) @ 2,000 rpm
Compression ratio9.2:1
Transmission6-speed automatic w/manual mode
Wheelbase107.8 ins. (273.8 cm)
Overall length190.2 ins. (483.1 cm)
Overall width73.1 ins. (185.7 cm)
Overall height54.4 ins. (138.2 cm)
Curb weight3,314 lbs. (1,503 kg)
Base price N/A
Fuel economy18-29 mpg (13-8 L/100 km)
Competition Acura TSX
ProsCons
Lively 4-cyl. turboBest motor a late arrival
European stylingShort on Buick styling
Yes! A U.S.-spec OpelUh-oh! A U.S.-spec Opel

However, we test drove models with the optional 2.0L turbocharged GDI 4-cyl., which does not arrive until the third quarter of next year.

Our verdict is overwhelmingly positive. Making 220 hp and 258 lb.-ft. (349 Nm) of torque, the 2.0L mill is the kind of engine that will turn Buick skeptics into believers faster than three shots of Jagermeister.

Responsive and well-behaved, the car slings its 3,600-lb. (1,633-kg) weight through the corners and over pitches in the roadway with enthusiasm.

Yes, the suspension in the Buick is dialed down from the drum-tight setup of the Insignia. But this is not your granddad’s floaty-boaty Buick; the well-sprung suspension works together with a quick, precise steering system like no other vehicle to wear the three shields.

And one test model even included a 6-speed manual transmission. GM declines to offer a timetable for the Regal’s manual transmission. But if the gearbox makes it to the U.S., it will be the first since a 5-speed manual on the ’89 Buick Skyhawk.

Another first: no volume V-6 engine for this Buick.

Both transmissions match up well. The 6-speed automatic seems content to sit in the logical gear and not hunt for something higher, while the manual shifts quickly with a hint of the “click-click” ease of its European competitors.

GM estimates fuel economy with the 2.0L at 18-29 mpg (13-8 L/100 km) city/highway. Premium fuel is recommended but not required.

Base pricing is expected to slot just below the new LaCrosse that starts at roughly $28,000, which makes the Regal slightly less expensive than its Acura TSX rival.

Related Stories
Buick Regal Among First to Get GM’s Updated Mild-Hybrid System
GM to Source Initial U.S. Buick Regals From Germany
Regal Called Next Step in Buick’s Revival

GM also provides drive time here in an Insignia OPC model to demonstrate the possibilities for the Regal. The vehicle is outfitted with a 325-hp 2.8L V-6 engine, high-performance tires blacked out in NASCAR fashion, racing seats and a super-tight suspension.

It’s hardly surprising the Regal is such an impressive car, given that it is an exact duplicate of the smash-hit Insignia. In fact, not watering down the Buick to fit U.S. tastes easily ranks as its greatest attribute.

But it will take more products of the Regal’s ilk to erase Buick’s longstanding reputation for pillowy-riding large sedans with sloppy steering.

So it should hardly be surprising GM will go back to Germany for another small Buick sedan, this one based on the redesigned Delta compact car architecture shouldering the recently launched Opel Astra.

Have we seen this approach before? Sure, but this time it’s hard to argue with the results.

W. Europe car sales up 29.2% in November

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Car sales in Western Europe grew by 29.2% year-on-year in November according to data released by JD Power Automotive Forecasting, but the firm cautioned on the market outlook for 2010.

JD Power warned that the strong-looking November result needs to be seen in the context of weak sales last year and the continuing distortions to the market caused by government scrappage incentives.

JD Power analyst Pete Kelly told just-auto that the the seasonally adjusted annualised rate of sales (SAAR) for November 2009 stood at 14.8m units - a more 'normal' market level - but that he viewed it as 'brief reprieve' rather than marking an end to depressed market levels.

Car sales in Germany were up by 19.7% year-on-year in the month of November and a whopping 25.4% in the year to date.

"The scrapping incentive in Germany is no longer on offer and so we expect German sales to drop off relatively sharply over coming months," Kelly said.

JD Power said that the end to government support schemes will result in the West European car market declining by around 10% in 2010 to 12.15m units.

JD Power also noted that the French car market was 'decidedly strong' in November, with the selling rate climbing to 2.8m units with French car buyers thinking they had to register their cars by year-end to take advantage of a scrappage scheme there. However, the scheme has been amended so that, as long as an order comes in by the end of 2009, it will benefit. JD Power says this will mean that the French market will start off 2010 relatively strongly as related registrations spill over into 2010.

The Spanish car market also posted a strong month in November (SAAR over 1.1m units) while the UK car market gain of 57.6% reflected a scrappage effect (plus some buyers avoiding a January VAT increase) and exceptionally weak sales last year.


Car Sales - Click to enlarge
Car Sales - Click to enlarge
Car Sales - Click to enlarge

Sabtu, 07 November 2009

Hyundai, Kia and Subaru all report +40% increase in sales

Hyundai, Kia and Subaru all report +40% increase in sales

If you've been paying attention to recent editions of By the Numbers, you'll have noticed that the amount of green on our chart below is growing. Month after month, more and more brands and manufacturers are managing to produce sales numbers that exceed the same month last year.

For October 2009, the list is topped by three familiar players: Hyundai (+49%), Kia (+45%) and Subaru (+41%). The South Koreans and this lone Japanese brand have bucked the trend all year, and now that other brands are beginning to sell relatively well, they are distancing themselves from the pack even further.

Their success shouldn't overshadow the rest of the industry, though, which includes many players surprisingly high on our chart. All four "Core" brands of General Motors (Chevrolet, Buick, Cadillac and GMC) posted positive numbers, and GM as a whole, which still counts sales from "non-Core" brands like Hummer, Pontiac, Saab and Saturn, managed to post a 4.1% gain in sales. Likewise, the Ford brand (+3.6%) and Ford Motor Company (+3%) both reported sales gains versus October of last year. The rest of the big Japanese manufacturers, meanwhile, were close behind but didn't quite manage to earn a green cell this month, while the Chrysler Group LLC landed farthest off the mark with a drop of 30.4%.

Have industry sales turned the corner? Are we headed into a bright future of 14+ million sales per year and green cells for every automaker? Hardly, though it's increasingly clear that new product, being competitive in key segments, and creative marketing and incentives are the best recipe for climbing out of the red.

*Brands and companies are both displayed in descending order according to their percentage change in volume sales. There were 28 selling days in October 2009 and 27 selling days in October 2008, so the change in monthly sales volume will be different than the change in the average daily sales rate (DSR) for each brand/company.

Brand Volume % 10/09 10/08 DSR*% DSR 10/09 DSR 10/08
Hyundai 48.92 31,005 20,820 43.60 1,107 771
Kia 45.26 22,490 15,483 40.07 803 573
Subaru 40.66 18,169 12,917 35.64 649 478
Cadillac 21.60 11,602 9,541 17.26 414 353
Mercedes-Benz 21.32 18,193 14,996 16.99 650 555
GMC 20.44 25,423 21,109 16.14 908 782
Lexus 19.77 19,502 16,283 15.49 697 603
Volvo 19.37 4,437 3,717 15.11 158 138
Buick 18.46 9,053 7,642 14.23 323 283
Porsche 15.07 1,642 1,427 10.96 59 53
Chevrolet 8.50 116,436 107,313 4.63 4,158 3,975
Nissan 7.69 53,664 49,833 3.84 1,917 1,846
Volkswagen 7.23 17,037 15,889 3.40 608 588
Ford 3.57 119,072 114,969 -0.13 4,253 4,258
Honda -0.01 75,751 75,756 -3.58 2,705 2,806
Mercury -1.14 6,676 6,753 -4.67 238 250
Audi -1.14 7,358 7,443 -4.67 263 276
Toyota -2.32 132,663 135,818 -5.81 4,738 5,030
Acura -3.53 9,751 10,108 -6.98 348 374
Lincoln -8.97 6,735 7,399 -12.23 241 274
Infiniti -9.29 6,451 7,112 -12.53 230 263
Pontiac -18.45 10,646 13,054 -21.36 380 483
BMW -18.61 16,443 20,203 -21.52 587 748
Mini -20.79 4,176 5,272 -23.62 149 195
Dodge -22.21 26,265 33,763 -24.99 938 1250
Chrysler -35.61 12,815 19,903 -37.91 458 737
Jeep -36.80 13,500 21,360 -39.05 482 791
Mitsubishi -48.34 3,867 7,486 -50.19 138 277
Suzuki -49.89 1,745 3,482 -51.67 62 129
Saturn -57.79 3,623 8,583 -59.30 129 318
Smart -70.44 661 2,236 -71.49 24 83
Saab -74.03 513 1,975 -74.95 18 73
Hummer -77.56 307 1,368 -78.36 11 51
Mazda N/A N/A N/A N/A N/A N/A

COMPANIES
General Motors 4.11 177,603 170,585 0.40 6,343 6,318
Ford Motor Company 3.07 136,920 132,838 -0.61 4,890 4,920
Nissan NA 0.28 60,115 59,945 -3.30 2,147 2,220
Toyota Mo Co 0.04 152,165 152,101 -3.53 5,434 5,633
American Honda -0.42 85,502 85,864 -3.98 3,054 3,180
BMW Group -19.06 20,619 25,475 -21.95 736 944

Jumat, 06 November 2009

That company was capitalized with more than 600 million shares that were meant to be worthless

When General Motors entered into Chapter 11 bankruptcy over the summer, its bad assets were moved into a firm called Motors Liquidation Company (MLC). That company was capitalized with more than 600 million shares that were meant to be worthless; however, quite the opposite has happened: with its shares priced at $0.60 per, MLC now has a market cap of $370 million. How did that happen?

Investors engaged in "naked short-selling" is how it happened. Short sellers usually procure an actual 'tangible' stock from a broker or investment house – 'tangible' meaning a share unit comprising the finite number of a company's total shares – as collateral when they take a short position. The naked short seller doesn't borrow any shares, taking a position before it can be determined if there are any shares available. This allows them to essentially create a position that isn't beholden to the ideal of a "structured" market.

Earlier this year the SEC put the kibosh on naked short selling, and required investors who had done it to get the tangible shares they need to hold their position. Since there are fewer shares to be had, and those naked traders are trying to absorb anything available to cover their positions, the price has yet to decline. Quite simply, no one can make money off of it.

Well, except for the holders of new GM shares. The SEC regulations also called on naked short sellers to close out their positions if they couldn't get the tangible stocks to cover. The investors who can't get actual shares to borrow are having to buy stock from "new" GM shareholders – at much higher prices. Eventually MLC shares will be worth zilch. Until then, the wacky world of finance reigns...

BusinessWeek calls out 50 Ugliest Cars of Past 50 Years



Beauty, as they say, is in the eye of the beholder. While some cars seem to be almost universally loved for their gorgeous lines and undeniable sense of style – the Lamborghini Miura and Shelby Daytona Coupe certainly come to mind. Others, such as the new Honda Accord Crosstour and even the latest Nissan GT-R, not to mention nearly everything currently wearing the Acura badge, sport more debatable duds.

And what of the car that's most commonly associated with the green movement? Of course, that would be the Toyota Prius, and we know that some happen to find the car rather attractive... whether that's for its slip-through-the-wind styling or fuel mileage – made possible in part by that styling – its owners happily enjoy. According to BusinessWeek, though, the second-gen Prius is one of the 50 Ugliest Cars of the Past 50 Years. Not a distinction any owner wants their car to carry.

Take heart, Prius owners. There are a number of questionable vehicles on the list. For instance, the classically boxy Volvo 240 isn't ugly at all... it's purposeful and practical. Neither are the Lamborghini LM002, 2002 BMW 7 Series, Tata Nano or Toyota iQ deserving of inclusion on this unflattering list. Lastly, does anyone really think the DeLorean is that unattractive? Unabashedly '80s sure, but ugly? Nah.

Hurst completes the muscle car trifecta with Mustang, Camaro


2010 Hurst Performance Series Camaro - Click above for a high-res image gallery

We can't believe it's been just a year since Hurst unveiled its stunning white and gold Hemi Challenger. Since that time we've seen a few variations, including different color combinations and the Competition/Plus model, and we even got to see how the cars were built. Up to this point, all of Hurst's production models have been Challengers, but when the company showed off a one-off Camaro and Mustang convertible, we figured production versions wouldn't be far away. We were right.

Yesterday afternoon, Hurst pulled the covers off the new Performance Series Mustang and Camaro, each with a slightly different take on Hurst's classic color combinations. Both cars get the kind of performance upgrades you would expect from Hurst including a supercharger, Magnaflow exhaust system, Eibach suspension components, Hurst Competition/Plus shifters and 20-inch wheels and tires. Each car also gets Katzkin leather inserts, embroidered floor mats, and a dash plaque. Just 50 examples of each will be built, and judging by how fast the Challengers sold, you will need to put your order in quickly if you want one. Follow the jump for full details on both cars, and be sure to check out both of the high-res galleries below.


2010 Hurst Peformance Series Camaro


Hurst Peformance Series Mustang

Selasa, 13 Oktober 2009

Ford Mustang captures Grand-Am Koni Challenge


2009 SPEED World Challenge GT at Mazda Raceway Laguna Seca - Click above for a high-res image gallery

With various racing series coming to a close this month, the Mustang has proven its worth on track by bringing home two major road racing championships. This past weekend Brandon Davis secured the 2009 SCCA SPEED World Challenge GT title in only his second season with a fourth place finish at Mazda Raceway Laguna Seca. Davis, who was racing in the new 2010 ACS Mustang that debuted a few weeks earlier at Road Atlanta, only needed to finish in eighth place to guarantee the championship and beat out Porsche driver James Sofronas.

In the Grand-Am Koni Challenge series, the Mustang FR500C also captured not only the driver title, but also the team and manufacturers' championships for the second straight year. Rehagen Racing sat atop the driver and team points lead with a sixth place finish at Virginia International Raceway, and the win by JBS Motorsports helped put Ford just one point ahead of BMW in the manufacturers' standings. Mustangs won five races during the 2009 season and finished on the podium eight out of eleven races.

We didn't make it out to VIR for the Koni Challenge race, but we were on hand at Mazda Raceway Laguna Seca to watch the SPEED World Challenge race with cameras at the ready. Check out the high-res gallery below, or tune into SPEED TV on November 3 at 2:00 pm EST to watch the race yourself.


Gallery: 2009 SPEED World Challenge GT at Laguna Seca

Senin, 12 Oktober 2009

China says Hummer paperwork not submitted yet


2009 Hummer HX concept – Click above for high-res gallery

Last week, it was reported that General Motors had signed a definitive agreement to sell Hummer to Chinese machinery manufacturer Tengzhong. The Chinese company and its partner in the deal, Lumena Resources Corp., would pay $150 million and receive Hummer and its intellectual property, ownership of U.S. franchise agreements, and manufacturing, business, and component assistance during a four- or five-year transition period.

The questions being raised now concern what is happening on the other side of the Pacific. The Chinese Commerce Ministry reportedly hasn't received Tengzhong's application to officially bring Hummer home, which has led observers to wonder if there will be a holdup or reversal of the deal. According to a Hummer representative, however, Tengzhong had to finalize the deal with GM before it could present it for approval to the Chinese authorities:


Gallery: Detroit 2009: HUMMER HX in the design studio

drifting with Tanner Foust in NASCAR-powered Scion tC!

Autoblog goes drifting with Tanner Foust – Click above for high-res image gallery

"It feels like I'm down on power!" yells Tanner Foust in the general direction of the gathered throngs containing both his crew and assorted media. Tanner and myself are currently five-point bolted into his new stock car-engined Formula D Scion tC. We've just exited an aborted lap around the Toyota Speedway at Irwindale because something – so says Foust – is amiss with the car.

Rockstar Energy Drink Drift captain Stephan Papadakis comes charging towards the Scion and begins earnestly, if not frantically, checking the car's vitals through the steering wheel's digital readout. Steph floors the motor a few times, checks the numbers and exasperatedly tells Foust that everything looks fine. "Oh," says Tanner, patting me on my beer belly. "Must be him." Very funny, jerk.


Gallery: Autoblog Goes Drifting with Tanner Foust

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