Auto blog
Ford, Renault, VW shareholder oppose French aid for PSA/Peugeot-Citro"en
Mon, 29 Oct 2012Pots and kettles, glass houses and stones - that's a little of what we appear to have going on in the European car market. New reports say that that three European automakers have registered their opposition to a loan deal that PSA/Peugeot-Citroën is working on with the French government. Peugeot's finance arm, Banque PSA Finance, is struggling with its debts and has been downgraded by Moody's to its lowest investment-grade classification, one step above junk. This makes it more expensive for a potential buyer to finance a car through Peugeot. The last thing Peugeot needs is more difficulty selling cars in the tough European market, and the situation will only worsen if the bank's credit worthiness takes another hit.
A deal being worked on would have the French government offer €7 billion ($9B U.S.) in bonds to guarantee the bank's loans, which would give the institution some breathing room to manage its debts and lower its interest rates. Outside of that, a group of banks would provide other, non-guaranteed loans to the bank to further help its position. In exchange for state help, though, the government wants seats on Peugeot's board for worker representatives and a government liaison, along with factory and worker guarantees. The Peugeot family would maintain control of the company.
So what we have is government assistance being provided to a car company's finance arm, akin to the way General Motors' GMAC (now Ally Financial) and Chrysler Financial got help in their time of need. What we also have is Ford and Renault, and Germany's State of Lower Saxony, the second-largest shareholder in Volkswagen, voicing their concern about the proposal, because they say it could create an unfair competitive advantage for Peugeot. Everyone in Europe's down market is fighting for every sale, and if Peugeot gets help to keep its auto loan costs down, it figures to help buyers choose Peugeot or Citroën.
Renault shows DCross Concept in Brazil
Tue, 23 Oct 2012The São Paulo Motor Show continues to heat up and bring us interesting new vehicle unveilings. Next year, we may have to tough it out and trek down to Brazil for the 28th edition of the auto show. The most recent development from São Paulo is the Renault DCross concept. In what appears to be a gussied-up Dacia Duster, the DCross gets a bright green and matte black paint scheme, a raised ride height, roof racks and a spare tire atop the concept. If off-roading is your thing, the DCross, at the very least, looks the part.
Little else is given in details other than what we can gather from the photos. The concept, which catches the eye far more in the live shots than in the OEM image, was joined on the Renault stand by the Fluence GT, Clio 2013, and Captur concept.
Will this concept predict the future for a Renault SUV/CUV? We're not sure, but its bullish looks seem ready for the Dakar Rally. The 2013 edition of Dakar is not until May of 2013, but the DCross already has us thinking of the grueling endurance race, held Peru, Chile and neighboring Argentina. Read up on Renault's debuts from Brazil in the press release below.
Europe's legendary Renault Clio Williams poised for 2014 return
Sun, 14 Oct 2012As soon as the Williams Formula 1 team inked an engine supply deal with Renault in 2011, auto journos salivated at the thought of a new Renault Clio Williams. (This was after the return of Gordini, during the rumors of the return of Alpine, before the rumors of the Initiale brand, and long before the new Clio was introduced.) The original Clio Williams arrived in 1993 to celebrate Nigel Mansell's 1992 F1 World Championship in his Williams-Renault. In fact, Williams had nothing to do with the hatchback other than donating its name, but the public couldn't get enough of its performance. There were only supposed to be 3,800, but Renault eventually produced 12,100 Clio Williams' in three series.
Renault hasn't publicly said a word about the possibility of a new version of that legendary hot hatch, but Autocar says "well placed sources" have assured it that a new Clio Williams is on the way. A raunchier take on the Clio RenaultSport 200, the Williams edition is rumored to get 220 horsepower from its 1.6-liter four-cylinder, a bump of 20 hp over the RS 200.
Autocar goes on to say that the Clio Williams is around 18 months away, slated to arrive after the RS 200 completes its run. It's unclear whether Williams will assist with its development - the RenaultSport division created the original on its own - but Autocar suggests that Williams' forays into customer-car applications might give it a way in. An announcement from Renault could come as early as this year.
Renault celebrates over a century with three-part series
Tue, 02 Oct 2012Renault has 114 years of innovation behind it starting with Louis Renault's invention of direct drive in December of 1898. His coupling of a gearbox directly with a universal joint transmission replaced the far less efficient belts and chains in use at the time, and became an industry standard. From there it was strength to strength to strength, the French firm going large-scale industrial in the early 20th century, to making "everything with a motor" in the post-war period, and by 1955, it was working to export every other car it made.
Renault has made a three-part series celebrating its beginnings, its milestones and triumphs. It runs right up to the Modus, and it includes the Renault 5 pretending it's in a scene from Bullitt. You'll find the full story in the videos below.
Renault Clio is the bold new face of France's diamond brand
Fri, 28 Sep 2012Check out the new Renault Clio, which has just been revealed at the Paris Motor Show. If you like what you see, then chances you are going to like future Renault models. Along with introducing the fourth-generation Clio, Renault also says that this new styling will be the new face of the French automaker's future products.
Once classified as a supermini, the Clio has since grown into a B-segment contender similar to the closely related Nissan Versa. The centerpiece of the new design features a large Renault logo that stands out against a black background in the grille. Like the previous Clio, the new model will be available in both five-door hatchback and estate/station wagon variants, but for now, it doesn't appear a three-door model will make it into the mix.
Make no mistake, the Clio is one of the most important reveals of the entire Paris show. And Renault is treating it as such, with plans to launch it with "no fewer than five" new engines. On top of that, the big Clio hardware news is the addition of stop/start technology and a dual-clutch transmission available on the option list. Renault says that its 90-horsepower 1.5-liter dCi engine will attain fuel consumption figures close to a hybrid-electric vehicle, making it the first car in the B-segment to do so.
Renault donates all-electric Popemobile to His Holiness
Mon, 10 Sep 2012Popes know how to travel in style, as the long list of iconic Popemobiles can attest to. In recent years, His Holiness Benedict XVI - aka the "Green Pope" - has been trying to clean up those bubbly vehicles with alternative powertrains. He wanted a plug-in hybrid from Mercedes-Benz or a solar-powered car, but those have yet to come to fruition. In July, the Vatican did get an all-electric vehicle from NWG Zero.
The latest holy roller is a new all-electric vehicle from Renault. Modified with help from Gruau, the Kangoo Maxi Z.E. was donated to the Vatican by Renault-Nissan boss Carlos Ghosn at the Holy Father's summer residence in Castel Gandolfo. The Pope's bodyguards can ride in EV style, too, since Renault donated a second EV, that one decked out in blue and white, to the Corps of Gendarmerie of Vatican City.
The EVs use lithium-ion batteries for an estimated range of 105 miles on the lenient European NEDC test cycle. The interiors "are fitted with two particularly comfortable separate seats at the rear," says Renault. The roof opens, too, in case His Holiness would like to stand and wave at people who don't get free electric cars.
Renault gives rhinoplastic upgrade to Versa for Indian market
Mon, 10 Sep 2012What do you call a Nissan Versa with a new nose and a home in the Indian car market? A Renault Scala. Given a chrome grille insert, the blacked-out crossbar common to Renaults and a few other "status-enhancing" tweaks, the Scala is Renault's fifth offering in India and rounds out its segment coverage.
The Scala is not only positioned as a sedan with value pricing and luxurious equipment, it is presented as a carriage for the chauffeured classes: best-in-class roominess, leather seating, rear vents for the climate control and two cupholders in the rear armrest attend to the boss in the back.
An 86-horsepower diesel and a 99-hp gas engine take care of matters up front. Available now in three trims, it joins the Pulse hatch, Fluence sedan, and Koleos and Duster SUVs in Renault's Indian line-up, and comes with Renault's CompleteCare service and 24/7 Roadside Assistance. Have a read of the press release below for more info.
Lotus could build production versions of Renault Alpine, Infiniti Emerg-E
Tue, 14 Aug 2012As with one of those blockbuster three-team NBA trades that actually improves the fortunes of every team involved, a report in Autocar indicates that Renault, Infiniti and Lotus are in talks that could benefit both manufacturers and enthusiasts. Renault is considering a production version of the devil-in-blue Alpine A110-50 concept but has said that it "probably needs more than the Renault-Nissan Alliance on its own." Enter Lotus, whose Evora platform could supply the running bits for the mid-engined Alpine revival.
That same Evora platform, in range-extended 414E concept form, is the basis for the Infiniti Emerg-E concept. Even though a decision hasn't been made on the Emerg-E's production, it is still being developed and the company has admitted that it "could be built in Britain." For its part, Lotus has said that it's ahead of schedule on the Evora 414E, with its 408 horsepower, 738 pound-feet of torque and 30-mile electric range. Development funds from both Renault and Infiniti could help make all three cars a closer possibility.