Auto Sector

Saab Automobile still in the red, but reduces losses in 2007

StockholSaab Automobilem - Saab Automobile posted a loss for 2007, but the group owned by US automotive giant General Motors reduced its losses compared to 2006, Swedish financial daily Dagens Industri reported Wednesday.

The Swedish-based carmaker sold some 125,000 cars in 2007, roughly 7,800 fewer cars than in 2006, the report said.

Saab Automobile's loss for 2007 was 2.2 billion kronor (360 million kronor) compared to a loss of 2.9 billion kronor in 2006, the daily reported, citing the group's annual report filed in Sweden.

Lotus Evora to sell for 109,700 dollars

London - Lotus Evora to sell for 109,700 dollarsThe first new Lotus in more than a decade, the Lotus Evora, was unveiled last week at the British Motor Show with the sports car manufacturer releasing more details of the car.

The Evora, which ran under the project called Eagle, will sell in Europe early next year for around 70,000 euros (109,700 dollars).

It enters the sports car market as the only mid-engined 2+2. Powered by a 3.5-litre V6 Toyota engine, the car has an output of 206 kW/280 hp.

Mini cars do not stand a chance in a collision with an SUV

Munich - Occupants of small mini cars such as the Fiat 500 have hardly any chance of surviving a head-on collision with a big Sports Utility Vehicle (SUV), according to Germany's automobile association ADAC.

Summing up the results of a crash test conducted with an Audi Q7 and the new Fiat 500, the ADAC pointed out that even a small car with an above average safety standard stood no chance in a crash with an SUV.

Although the safety cell of the Fiat 500 has been classified as one of the best in its class, it could not withstand the sheer mass of the SUV with the main supporting strut of the Q7 boring itself into the safety cell of the Fiat, the test showed.

Effective use of air conditioning can save fuel

Berlin - Air conditioners in cars boost fuel consumption, but motorists can reduce this negative effect by using them more effectively, according to the German Energy Agency (dena).

For journeys lasting less than five minutes, it is better to leave the air conditioning switched off because energy consumption is highest during the start-up phase, the agency said.

Even during hot weather, it is not necessary to cool the car down a lot. A difference of five degrees Celsius between the indoor and outdoor temperature is sufficient, dena recommended.

BMW plans M-Models with Formula 1 hybrid technology

BMW plans M-Models with Formula 1 hybrid technology Munich - BMW is hoping to transfer hybrid technology from its Formula 1 cars to the M sport model range as part of a plan to make the cars more fuel efficient, according to BMW's head of technology research Albert Biermann.

The effectiveness of combining a combustion engine with an electric or hybrid drive was limited. In the long term, the company was looking at more technology transfer from the KERS (Kinetic Energy Recovery System) that will be used for the BMW-Sauber Formula 1 cars in the 2009 racing season, Biermann said.

The car that changed the world - Tin Lizzie turns 100

Hamburg - When the Ford Model T went into production in 1908, it marked the beginning of an era when motoring became affordable to the masses and an end to the horse and cart age.

Thousands of enthusiasts the world over are this week celebrating the centenary of the car affectionately known as "Tin Lizzie" in Richmond, Indiana in the United States.

It is just one of several events leading up to the October 1 anniversary when the first Model T drove off the assembly line.

The Model T was a dream come true for Henry Ford who wanted to make transportation by motor car affordable by introducing assembly line production.

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