Daily Archives: January 7, 2015

Hyundai will build 4th and 5th plants in China

Beijing Hyundai, a 50-50 joint venture between Hyundai and Beijing Automotive Industry Holding Co., will begin building its fourth and fifth plants in China next year to respond to surging demands in the world’s largest automobile market. Each plant will eventually have annual production capacity of 300,000 units; the new plants will increase Beijing Hyundai Motor Co.’s capacity to 1.65 million units per year.

Infiniti rolls out Q60 Concept ahead of official Detroit debut

The Infiniti Q60 Concept

After showing off at the Paris motor show a car concept that could theoretically be a Porsche Panamera competitor, Infiniti’s next concept car, the Q60, is taking aim at the BMW 4 series.

Ferrari spinoff sets up Fiat Chrysler for another deal

Sergio Marchionne, the architect of the auto industry’s biggest deal in more than a decade, may not be finished yet. Even as he completed the merger of Fiat and its U.S. Chrysler unit last year to create Fiat Chrysler Automobiles, Marchionne said the industry is still fragmented and ripe for further consolidation.

His planned spinoff of Ferrari this year puts the $14 billion automaker into position for another combination that could form a group to vie with global No. 1 Toyota or help address shortcomings in Asia.

Donkervoort D8 GTO Bilster Berg Edition unveiled, limited to 14 units

Donkervoort D8 GTO Bilster Berg Edition unveiled, limited to 14 units

Legendary Lotus Seven is one of the most recognisable cars ever produced. The Seven still lives on mainly through Caterham in very different performance specs. There are also countless of small niche players who have something similar in production based on the original Seven.

Toyota inviting royalty-free use of ~5,680 hydrogen fuel cell patents

At CES, Toyota announced that it will invite royalty-free use of approximately 5,680 fuel cell related patents held globally, including critical technologies developed for the new Toyota Mirai. The list includes approximately 1,970 patents related to fuel cell stacks, 290 associated with high-pressure hydrogen tanks, 3,350 related to fuel cell system software control and 70 patents related to hydrogen production and supply.