Monday, May 16

Renault confirms sale of AvtoVAZ

The Renault Group has sold its stake in AvtoVAZ and its Renault Russia operations, on the back of Vladimir Putin’s invasion of Ukraine. Its 67.69 per cent stake in AvtoVAZ (parent company for Lada) has been sold to the Russian Central Research and Development Automobile and Engine Institute (NAMI), and Renault Group shares in Renault Russia have been sold to the Moscow City entity. The deal includes a clause allowing the Group to buy back into Russia at a number of points in the next six years. “The closing of these transactions is not subject to any conditions, and all required approvals have been obtained,” the Renault Group said in a statement. “Today, we have taken a difficult but necessary decision; and we are making a responsible choice towards our 45,000 employees in Russia, w...

Así bate este BMW CSL 3.5 a varios Porsche RSR sobre la pista

Historic Sportscar Racing on YouTube BMW M2 2023: La nueva generación se afina en Nürburgring Porsche 911 GT3 RS 2023: la fiera se prepara El acceso sin restricciones a lo más destacado de las carreras de coches deportivos antiguos es una de las mayores alegrías que ofrece YouTube. Un claro ejemplo lo tenemos con este documento, protagonizado por un BMW CSL 3.5 de 1972 que acaba de participar en la carrera número 44 del Historic Sportscar Racing Mitty en Road Atlanta.Una prueba que no defraudaEl Mitty es uno de los eventos de carreras de coches antiguos e históricos de mayor duración en los Estados Unidos. Los participantes del evento son muy variados, desde los primeros corredores deportivos hasta las máquinas prototipo más modernas. Este BMW CSL ...

Ford sells more Rivian shares

Ford has for the second time in a week offloaded shares in US electric vehicle (EV) startup Rivian. According to filings submitted with the US Securities and Exchange Commission (SEC), the Blue Oval on May 13 sold seven million Rivian shares valued at $US26.88 ($A39.05) each, or $US188 million ($A273 million) in total. It follows Ford’s sale on May 9 of eight million Rivian shares, valued at $US26.80 ($A38.93) each or $US214 million ($A311 million) in total. Adding these together means Ford has offloaded a little over $US400 million ($A581 million) in Rivian shares in the last week. The Blue Oval still holds almost 87 million Rivian shares, however. Rivian first went public in November 2021 where it was offering reservation holders the option to invest in the company at $US78 ($A113.31)...

2022 Mazda CX-5 v Haval H6

Before you are two range-topping mid-sized SUVs with turbo-petrol power, but between them is a sizeable gulf in price. The CX-5 is Mazda’s best seller in Australia, and the nameplate first appeared here in 2012. It’s so popular, it’s outsold by only one other mid-sized SUV: the Toyota RAV4. The Haval H6, in contrast, is a relative upstart. The forgettable first-generation model arrived here in 2016, but it’s the redesigned model that appeared last year which has helped jumpstart the Haval brand’s sales here. While GWM Haval Australia has increased prices of the H6 by up to $4000 since the launch of the current model, it still offers – much like the MG HS, also from China – a tantalising value proposition. Since the current H6’s launch, Mazda has given the CX-5 a mild refresh for 2022. We...

SsangYong could be acquired by Korean steel company – report

After Edison Motors’ takeover fell through, SsangYong may have a new saviour that’s willing to pay a lot more. Yonhap reports a consortium led by chemical-to-steel firm KG Group was chosen by the Seoul Bankruptcy Court last Friday as the preliminary bidder for the ailing automaker. An auction is set to take place later this month, and already the suggested bids are higher than the last time. The KG Group consortium and Sssangbangwool Group have reportedly suggested bidding prices of 900 billion won and 800 billion won, respectively (A$1.01bn and $904 million). Musso XLV As the preliminary bidder, the KG Group consortium will make what’s called a stalking horse bid. This is where it suggests its price for SsangYong prior to the auction, while other bidders will submit their prices at the a...

Toyota Prius: A look back, as it’s retired from Australia

Hybrids today make up a critical part of Toyota’s sales strategy. The latest petrol-electric Corolla, RAV4, Camry and Kluger command a small additional cost compared to their internal combustion-only counterparts, and offset this with substantial advantages in fuel economy, refinement and even initial response. Almost one-third of Toyota’s sales in Australia were hybrids in 2021, and if models such as the HiLux ute and other commercial vehicles (such as the HiAce van) are excluded, this figure rises to almost 45 per cent of the marque’s sales. This was not always the case. Toyota’s hybrids have pretty much always been defined by one car above all others: the Prius, a vehicle that in its early incarnations suffered from image problems, seen by some as a car only for the environmentally...

The 2023 Nissan Z Is More Fun Than the Toyota Supra at a Cheaper Price

Face it: You’re worried about the 2023 Nissan Z. You heard it’s nearly 200 pounds heavier than the 370Z. You read that it’s still riding on the 370Z platform, which itself was an update of the 350Z platform, a chassis approaching its 20th birthday. You’re wondering how the new Z can possibly compare to the Toyota Supra. I was worried, too. But you and I forgot about Hiroshi Tamura. Officially, he’s a product planner at Nissan. To us, he’s Mr. GT-R — the brain behind the current-generation Godzilla, a car in its 13th model year that still blows the doors off exotics commanding twice the price. He’s the man who launched the new Z project in secret, then tap-danced his way through Nissan’s corporate hierarchy to get it approved for production. Tamura’s theory, developed through years of tunin...

2023 BMW XM teased, power and torque lower than concept

BMW has released photos of its most powerful M car, the plug-in hybrid XM SUV, undergoing dynamics testing ahead of its launch at the end of 2022. Since it revealed the Concept XM in November 2021, however, BMW has quietly reduced the power and torque outputs for the production model. Set to be BMW M’s first electrified vehicle, the BMW XM will still be powered by a “newly-developed” V8 petrol engine mated to an electric motor, although it now has claimed total system outputs of 480kW of power and 800Nm of torque. This is 70kW and 200Nm down on what BMW said the Concept XM produced. It’s unclear if BMW is leaving room for an even-more powerful version of the XM in the future which could produce closer to the concept’s outputs, or if the production XM was never intended to be that powerfu...

Tesla Model X driver blames Autopilot for Melbourne crash – report

A Melbourne Tesla Model X owner claims his vehicle was on Autopilot when it veered into a barrier. The driver told 9News he’d been driving at less than 60km/h on Autopilot when the vehicle started shaking and veered out of control. He claimed he’d never experienced any issues with Autopilot before. The collision saw the vehicle badly damaged, losing one of its wheels and left sitting atop the guard rail. The driver was uninjured. It took place on Wurundjeri Way in the inner-city Melbourne neighbourhood of Docklands in peak hour traffic. The crash comes around two months after a more serious collision with a pedestrian involving a Melbourne driver who claimed to be using Autopilot. The victim was crossing Wattletree Road to board a tram in the south-east suburb of Armadale around 6:30am...

2023 Nissan X-Trail detailed ahead of launch

The new, fourth-generation Nissan X-Trail has taken quite some time to make it to Australia – the US-market version was revealed in June 2020 – but it’s finally just around the corner. Due to arrive in dealers during the second half of 2022, Nissan Australia has provided some details around the specification breakdown to expect from its Toyota RAV4, Mazda CX-5 and Mitsubishi Outlander competitor. However, we won’t be getting final pricing for a few months yet. The new-generation Nissan X-Trail will come in four familiar specification grades, called ST, ST-L, Ti and Ti-L. All are slightly wider and taller than before, meaning the Nissan will remain one of the larger vehicles in its class. All will be powered by a petrol engine and all will get more driver-assist safety features than eve...