Centenary Edition #17 Of 100 Worldwide!!!! on 2040-cars

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Weekly Recap: Marchionne's Manifesto again calls for industry consolidation

Sergio Marchionne isn't taking no for an answer. Despite public rebuffs from General Motors and Ford, the leader of Fiat Chrysler Automobiles continues to push for consolidation within the auto industry. His latest assertion came Wednesday when he said a combination of FCA with another automaker could net savings of $5 billion or more annually. No, this isn't about selling his company, he claimed, it's about cutting costs. Put simply, the auto industry wastes money, Marchionne said during FCA's earnings conference call. Companies invest billions to develop basic components that all cars use, but many consumers don't care how they work or recognize the differences. "About half of this is really relevant in terms of positioning the car in the marketplace," he said. "The other half, in our view, is stuff which is neither visible to the consumer nor is it relevant to the consumer." In 2014, top automakers spent more than $100 million on product development, FCA estimated. Marchionne said consolidation could save up to $1 billion on powertrains alone, noting that almost every automaker offers four- and six-cylinder engines. Not everyone has to make their own, he contended. "The consumer could not give a flying leap whose engines we are using because they are irrelevant to the buying decision." That's pretty provocative for enthusiasts, but less so for average consumers. Still, there are major differences in power and efficiency ratings, even among similar engines. Skeptics could argue consolidation would also weaken competition and reduce choices for car buyers. Marchionne stressed his presentation, curiously entitled Confessions of a Capital Junkie, wouldn't require closing factories or dealerships. It's not his final "big deal" as CEO, intent to sell FCA, or a way to elevate his company up the automotive food chain. He claims he wants to fundamentally change the industry and its habit for burning cash. "The horrible part about this, and the thing that I find most offensive, is that the capital consumption rate is duplicative," he said. "It doesn't deliver real value to the consumer and it is in its purest form, economic waste." Other News & Notes Ford Profits dip in first quarter Ford profits fell $65 million to $924 million in the first quarter, hampered by slight dips in revenue and sales.

Aston Martin CEO calls Tesla Model S 'Ludicrous' mode stupid

To be fair, some would say paying as much as a quarter-million dollars for a car in itself qualifies as "ludicrous." But the CEO of Aston Martin, a company that is readying a pricier electric-vehicle competitor to the Tesla Model S, didn't mince words in discussing Tesla's newest gizmo that can propel the sedan from 0 to 60 miles per hour in less than three seconds. In fact, Andy Palmer, Aston's CEO, prefers a slightly more balanced approach. Palmer was quoted in Automotive News as saying that Tesla's Ludicrous Mode was "stupid." He added that he'd rather have an electric vehicle that could last "a few laps of a decent race course" instead of one that does its best imitation of a Dodge Challenger Hellcat. Palmer also took to his Twitter account to note, among other things, that the Aston's "insane mode comes as standard - no button required." Aston Martin said earlier this week that it planned to make a battery-electric variant of its Rapide Sedan. That model will have 800 horsepower as well as a 200-mile single-charge range. The car will also cost between $200,000 and $250,000, or about twice the cost of a top-of-the-line Model S. As for the Tesla, its Ludicrous mode was announced last month for the Model S and it will eventually be added to the Model X for those who are big on flipping SUVs. Tesla said that the feature cuts the sedan's 0-60 mpg time to a tidy 2.8 seconds, though the option does cost about $10,000. Which is probably about the price of an Aston Martin door handle. Featured Gallery 2015 Aston Martin Rapide S View 32 Photos News Source: Automotive News (subs req'd) Green Aston Martin Tesla Electric ludicrous mode

Aston Martin Vulcan revealed with 7.0L V12, more than 800 hp

Herewith, Aston Martin would like you to turn your attentions to its Vulcan – in case the sound it makes or the flames it shoots weren't still on your mind. Those two sensory incitements come from Aston Martin's V12, but one that has been bored out from the usual 5.9 liters to 7.0 liters. We haven't been granted a precise horsepower figure yet, but it's quoted as being more than 800. That heart lies just in front of a carbon fiber monocoque and is wrapped in a carbon fiber body, those bits assembled by company motorsports partner Multimatic – the same Canada-based Multimatic that will be fashioning the body for the coming Ford GT. This is an FIA-approved treat for the track only, so it's got a pushrod suspension with adjustable dampers and anti-roll bars, a six-speed sequential transmission, carbon ceramic discs and adjustable anti-lock brakes with Brembo calipers, and adjustable traction control. The 19-inch wheels in back rest on 345-section Michelin tires. The bad news: there will only be 24 of them, so if you want one you should get on the phone this instant. If you can get your name added to the list, you might also wish to sign up for the racing development program offered with it. Factory pilot Darren Turner, he with two GT1 class win for Aston Martin Racing in 2007 and 2008, will "support owners on their learning journey" as they are coached at tracks around the world. Vulcan owners will get classroom lessons on top of practical instruction in wares including the V12 Vantage S and One-77 as they work their way up to getting the most out of their Vulcan. On top of that, they can book time in Turner's Base Performance Simulators for virtual driving time. Or for the money all of this is sure to cost, they could just have a simulator installed in one of their Mediterranean lake homes. For the rest of us, the Vulcan contains design cues we'll see in future Aston Martins. We could know more about that, and its specs, when it's unveiled next week at the Geneva Motor Show. There's a press release below for now. ON TRACK FOR GLORY: ASTON MARTIN VULCAN PREPARES FOR TAKE-OFF - Geneva global reveal for limited edition, track-only, 7.0-litre V12 supercar - Motorsport-developed technology for extreme on-track performance - Expert tuition, technical support and experience programme for owners 25 February 2015, Gaydon: Introducing the Aston Martin Vulcan – a track-only supercar and the British luxury brand's most intense and exhilarating creation to date.