Auto Sources

Filed under: Sedan, Performance, SUV, Jaguar, Land Rover, India, Tata, Luxury, Off-Road

While many confusing car-related things have happened in the upper strata of the Autoverse over the last few years (Aston Martin and Ferrari both being impart owned by Middle Eastern concerns, Aston Martin not being bankrupt) perhaps the most shocking and disconcerting was Ford’s sale of Jaguar and Land Rover to India’s Tata. To many, the scheme seemed doomed from the get go and after a couple cash-hemorrhaging quarters coupled to the current recession, the naysayers appeared right.

Turns out, Tata can state nay to the naysayers as its two prestige/luxury brands just turned a profit. A combination of cost cuts and attractive new models (LR4, XF) have helped catapult the long time money losers into the black. And while the $4.7 million in consolidated net profits last quarter is certainly nothing to jump for joy over, that almost five million bucks is a nice change of pace from the usual Jag/Landy blood red ink. JLR sales rose 23% over the previous quarter. Rule Britannia! Er, India.

[Source: Gasgoo | Photo: Christopher Furlong/Getty Images]

REPORT: Tata Motors back in the black as Jaguar/Land Rover fortunes improve originally appeared on Autoblog on Mon, 30 Nov 2009 19:00:00 EST. Please see our terms for use of feeds.

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Filed under: Budget, Specialty, Electric

Our sleuthing colleagues over at The Truth About Automobiles have dissected electric car maker Zap’s latest 10-Q filing, and they unearthed the following little tidbit: “The decrease of $1.5 million (in revenue) is primarily due to the phase out of our three wheeled Xebra car with reduced selling prices.”

We can’t state that we’re particularly shocked that Zap has found it difficult to continue moving its little three-wheeled Xebra contraption, especially with discretionary spending money in such short supply these days and reasonably-priced hybrids flooding the used vehicle market. Perhaps even more damning for Zap, though, is the admission that it is doing “less work on the development of the Alias prototype vehicle.”

Whatever the future has in store for Zap in 2010 and beyond, one thing is for sure: there will be no shortage of press releases to let us all know what’s (supposedly) going on behind closed doors.

[Source: TTAC]

Not-so-shocking admission: Zap kills Xebra, slows development of Alias originally appeared on Autoblog on Mon, 30 Nov 2009 18:29:00 EST. Please see our terms for use of feeds.

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Filed under: Hatchback, Audi, Luxury

After watching from the sidelines for years as arch-rival BMW found success with the Mini brand, Audi is finally gearing up to jump into the scrum with the new A1. But unlike the Mini One (which slots below the Cooper in overseas markets), Audi doesn’t intend to target the budget market. Instead, the new A1 will take aim directly at the Mini Cooper.

Don’t expect to see any engine badges on the back of the four-ringed Polo, however, as Audi reportedly intends on keeping the displacement on the A1 hidden. An S1 is tipped to be in the works, but short of that the only thing onlookers will have to distinguish one engine model from another is the exhaust note. Anticipate the pre-production A1 – previewed by the Metroproject and A1 Sportback concepts – to debut at the upcoming Geneva Motor Show with sales beginning later next year.

[Source: EVO]

REPORT: Audi intent on keeping upcoming A1 premium originally appeared on Autoblog on Mon, 30 Nov 2009 17:59:00 EST. Please see our terms for use of feeds.

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Filed under: LA Auto Show, Budget, Sedan, Hatchback, Ford

The Fiesta Movement, Ford’s campaign to introduce the little global Fiesta automobile to the U.S. market, kicked off at the Chicago Auto Show earlier this year and will end this week during the LA Auto Show with, what else, a party. Oh, and the official unveiling of the 2011 North American version. We got a sneak peek of the Fiesta earlier this day that it now seems was incorrect, based on these new pictures found buried on Ford’s website.

The U.S.-style three-bar grille is thankfully not present in these official photos, though the hatch and sedan do wear different grilles (we like the hatch’s version superior, for what it’s worth). The rest of the automobile remains as good-looking as the Euro-spec version ever did, and the interior will be a large draw for this automobile – along with solid MPG numbers, of course. For those of you who hoped Ford would bring the Fiesta over from Europe pretty much intact, it appears your wishes have been allowed. We’ll have all the details from LA right soon.

[Source: Ford]

2011 Ford Fiesta gets another early reveal originally appeared on Autoblog on Mon, 30 Nov 2009 17:30:00 EST. Please see our terms for use of feeds.

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Filed under: Motorsports, Toyota

Reports of Toyota F1’s demise might prove to have been exaggerated as the latest rumors from the racing world suggest that the Japanese automaker is in discussions with a Serbian outfit about taking over the Cologne-based racing team.

Stefan Grand Prix is backed by Serbian engineering firm AMCO and headed by one Zoran Stefanovic, who, like N.Technology, filed an official complaint over the FIA’s selection process for new teams. His suit was rejected, but Stefanovic remained determined. The departure of Toyota from the scene and the availability of its assets – including its 2010 vehicle design and the all-important entry slot for next year’s championship – might prove to be his way in. The deal could involve Toyota sticking around to supply engines for the next few years, and Kamui Kobayashi could be part of the package, operating from the current facility in Cologne, Germany, until the move to Serbia could be completed.

For its part, Toyota is likely trying to find a way to get around its commitments under the Concorde Agreement to remain in the series, the failure of which to honor could cost Toyota hundreds of millions in fines. Meanwhile if Stefan Grand Prix manages to pull it off, they’ll have successfully circumnavigated the allegedly flawed selection process and secured their spot on the grid. Stefanovic denies the prospect of his outfit simply stepping in to Toyota’s place, but confirmed that negotiations are under way.

Meanwhile Sauber – which just reacquired itself from BMW in the wake of the failed Qadbak deal – was hoping Toyota would default on its agreement, thereby giving them the green light. If the Stefan deal goes through, Sauber could be locked out, unless the powers-that-be opt to let them in as an unprecedented 14th entry.

[Source: F1-Live | Image: Clive Mason/Getty]

Serbian team reportedly in speaks to take over Toyota F1 originally appeared on Autoblog on Mon, 30 Nov 2009 17:00:00 EST. Please see our terms for use of feeds.

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