Citroën will unveil its new C4 Cactus AIRFLOW 2L concept at the Paris Motor Show. With the C4 Cactus AIRFLOW 2L concept, Citroën is demonstrating fuel consumption of 2l/100 km (118 mpg US) through the use of optimized design with a 20% improvement in aerodynamics; lower rolling resistance (Tall&Narrow) tires; efforts to use lighter parts and thus reduce overall vehicle weight by 100 kg; and the implementation of Hybrid Air technology, which cuts fuel consumption by 30%.
Daily Archives: September 19, 2014
Fiat Chrysler locates new HQ in London’s West End
Fiat Chrysler will locate its new global headquarters in London’s West End, opting for the most expensive office district in the world.
VW’s German workers will seek above-inflation pay rises
German workers at Volkswagen will push for above-inflation pay rises next year, even as Europe’s largest carmaker seeks to cut costs and boost flagging profitability in its core division, their main labor union said.
Lotus plans to cut up to 325 jobs to reduce losses
UK sports car maker Group Lotus said it plans to cut as many as 325 jobs, a quarter of its workforce, as it seeks to reduce losses.
Stefan Sommer, ZF CEO sees more acquisitions beyond TRW purchase
ZF Friedrichshafen, which agreed to buy TRW Automotive Holdings for $11.7 billion on Sept. 15, sees a need for more acquisitions as even the largest auto suppliers seek size and technology.
