2014 Nissan Altima on 2040-cars

Auto blog

Geely and Renault joint venture will develop internal combustion and hybrid tech

China's Geely Automobile Holdings and French car maker Renault SA on Tuesday said they will invest up to 7 billion euros ($7.71 billion) in a new equally held joint venture to develop gasoline engines and hybrid technology for automobiles. The JV is aimed at manufacturing more efficient internal combustion engines and hybrid systems at a time when the focus of much of the automobile industry has been on the capital-intensive transition to purely electric vehicles. "We are pleased to be embarking on this journey to become a global leader in hybrid technologies, providing low-emission solutions for automakers around the world," said Eric Li, Geely Holding Group chairman. The new company will employ 19,000 people at 17 engine plants and five research and development hubs, Renault said. At launch, it is expected to supply to multiple industrial customers including Volvo, Proton, Nissan, Mitsubishi Motors, and PUNCH Torino. The JV aims to have an annual production capacity of up to five million internal combustion, hybrid and plug-in hybrid engines and transmissions, Renault added. Reuters reported in March that the new venture will see 15 billion euros ($16.53 billion) in annual revenue. Saudi Aramco, which signed a letter of intent with Renault and Geely in March, is evaluating a strategic investment in the new company, Renault said. The Saudi oil producer has been involved in advanced discussions to take a stake of up to 20% in the JV, sources said earlier this year. Big oil firms have worked with automakers to develop sustainable fuels and hydrogen engines in recent years. But a deal here would make Aramco the first major oil producer to invest in the car business. The joint venture is expected to be launched in the second half of 2023. Earnings/Financials Green Mitsubishi Nissan Volvo Renault

Nissan dealer: 2016 Leaf will have 110-mile battery option

Leave it to a local dealer in Indiana to spill the beans about the beans about the changes to the upcoming 2016 Nissan Leaf. Maybe. There's a dealer near Indianapolis called Andy Mohr Avon Nissan near Indianapolis and its website says that the new Leaf will come with two battery packs. The dealer says that the 2016 Leaf will come with two different battery trim levels. You can choose a car with the same pack as the 2015 Leaf has (and, thus, still get 84 miles of official range) or you can opt for the higher trim level, which will give you, "as much as 25 percent increased capacity, delivering a driving range of as much as 110 miles." Now, let's take all of this with some grains of salt and combine it with previous rumors. First, this does not seem to be any sort of information about a second-gen Leaf. We've heard plenty of rumors that the 2016 Leaf will have a 30-kWh battery pack that can go over 100 miles, but this is sort of a version 1.5 Leaf, since this longer range will be available in an updated current model and not yet the next-gen model. Nissan's Paige Presley, from Nissan's EV and technology communications, said simply that she, "can't comment on future products." We spoke with Joe Kline, the internet manager at Andy Mohr Avon Nissan, and he said that it was likely that the information about the two battery packs came directly from Nissan but he wasn't 100 percent sure. Kline said that the Andy Morh Avon Nissan dealership probably sold around 10 Leafs in the past year, mostly because the infrastructure isn't as built out as it could be in central Indiana. "They're not quite up to par with the charging stations around here," he said. With the longer-range version, the dealership's website says, "the new Leaf can find a home in even more garages." Related Video: Featured Gallery 2015 Nissan Leaf View 12 Photos News Source: Andy Mohr Avon Nissan via Green Car Reports Green Rumormill Nissan Electric

The 11 best scenes from the 2015 Goodwood Festival of Speed

Over the last three days, the Goodwood Estate has played home to the eponymous Festival of Speed. Thrown by the biggest gearhead in the British aristocracy – Charles Gordon-Lennox, the Earl of March and Kinrara – the Festival of Speed is essentially a tremendous, gasoline-fuelled party, complete with a very large lawn sculpture, that features the world's hottest, weirdest, fastest, and loudest race, production, and historic models. While there are quite literally dozens and dozens of videos from the event – not to mention the full-day replays (of which only day one is available, at present) – we've sifted through them to pluck away the very best. There's stuff from the official Goodwood YouTube channel, as well as several videos from automakers and other third-party channels, and it's all available below. 2015 Ford Mustang GT350R Looks Barely Controllable If you thought the highest-performance Ford Mustang would somehow get more tractable or civilized once it moved to an independent rear suspension, this video shows you have nothing to worry about. Watch as an unnamed driver wrestles the new Shelby GT350R and its flat-plane, 5.2-liter V8 up the hillclimb circuit. Even with the new suspension and sticky tires, this Mustang wants to go any direction but straight, especially following its launch. 2016 Ford Focus RS, Is Very Loud, Blue Ken Block makes his first appearance on our list. Before he steps into his Hoonicorn Mustang, though, the Gymkhana expert tackled the hill in the all-new Focus RS. The vicious bellow of the 2.3-liter, turbocharged four-cylinder is the star of this commentary-free video, although the gorgeous Nitrous Blue paint job is a nice accompaniment, as well. 1965 Ford Mustang Hoonicorn Runs Hill, Nearly Kills Lord March Mr. Block's two runs behind the wheel of the Hoonicorn were, unsurprisingly, very eventful. While one attempt goes off without a hitch, seeing the American rally driver slip and slide his way to the top of the hill while taking a short break for a donut, the other is slightly more dramatic. Block, along with Lord March in the passenger seat, carries a bit too aggressive an angle into a turn and nearly puts the NASCAR-powered Mustang into the hay bales. Check out the first video above, and the second one below. Kimi Raikkonen Makes Us Miss F1's V8 Era The latest Formula One cars have been maligned for the lackluster noise produced by the new 1.6-liter, turbocharged V6.