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industry news

  Automotive industry news, it feels like nothing of what they say is really important but put it together and you will get the big picture before the others.

De Tomaso Pantera

For those who were disappointed with last year’s news that DeTomaso had once again gone under, there’s a glimmer of hope on the horizon. That glimmer comes in the form of ATS Autosport .

Recent reports have indicated that ATS Autosport is preparing to revive the brand after buying the rights to the "DeTomaso" name. The full breadth of details of the deal have yet to be announced, but ATS told Autoblog that an announcement of the purchase could come before December with accompanying news of a future run of DeTomaso models in the pipeline.

One such model, and the one that we’re all getting excited about, is the revival of the Pantera . We were teased a few years ago after former Fiat CEO Gianmario Rossignolo purchased the company. But mismanagement of funds and a subsequent legal issue involving Rossignolo scuttled those plans, resulting in DeTomaso filing bankruptcy only a few years after it had seemingly risen from death.

This time, ATS Autosport looks like it’s going to pick up and deliver on all that promise with the purchase of the DeTomaso name. Here’s to hoping that this is for real this time. The Pantera has been out of our lives for too long. It needs to come back, and we’re all waiting with baited breath for it to do so.

Click past the jump to read about the 2012 DeTomaso Pantera

Source: Autoblog
Video: 2014 Corvette Stingray Tested in Germany

The long, drawn-out saga surrounding the state of Germany’s famed Nurburgring may be finally close to its conclusion.

According to Germany’s Auto Motor und Sport, ADAC — one of Europe’s largest automobile clubs — is one step closer to acquiring the ’Ring after submitting non-binding offer to purchase the famous racetrack. As part of the deal between the auto club and the Rhineland state government, the former would be granted ownership of the circuit, which could include both the ’Ring and the Nordschleife, but not the other veritable neighboring attractions, including the shopping mall and the amusement park.

Should this transaction push through, it’s safe to say that the Nurburgring — if it were alive that is — could rest easy knowing that it’s in good hands. Besides, this isn’t the first time an auto club has owned a race track. Silverstone , for one, is controlled by the British Racing Drivers’ Club and last we checked, the Automobile Club de l’Ouest, France’s biggest auto club, still owns the Circuit de la Sarthe where Le Mans is staged.

Here’s to hoping that the Nurburgring ’s bankruptcy saga can now be laid to rest for good.

Click past the jump for a quick history lesson on the Nurburgring.

Posted on by Simona  
McLaren P1

The McLaren P1 went into production in October, and it is now officially sold out. Earlier this year McLaren announced that all of the units destined for the Americas, Asia Pacific and the Middle East were spoken for, but a smattering of units remained available in Europe. Well, those last few units are now spoken for, and McLaren is officially closing up the order books.

In the U.S., sales spiked when a McLaren F1 sold at auction in Pebble Beach for a stunning $8.47 million. European sales had their own spike following McLaren’s confirmation that the P1 lapped the Nurburgring in under seven minutes earlier this month.

So now, the only chance for you to get the P1 is if a buyer happens to change his mind before taking delivery. McLaren is actually already prepping for this potential situation, as it has asked potential customers to register their interest in the P1, just in case a buyer decides this amazing supercar is not for them.

Up to this point only 12 P1s are complete, and 75 percent of P1 buyer have opted for some level of unique design from McLaren Special Operations.

Click past the jump to read more about the McLaren P1.

Source: Autocar
Posted on by Tushar  
Tesla Model S

Elon Musk, CEO of electric car maker Tesla , has categorically denied any plans to recall the company’s flagship Model S electric sedan. This comes as numerous reports of the Model S’ fires came to light. News of multiple Tesla Model S fires have been reported to date, and an official investigation into the matter is yet to be undertaken.

That said, U.S. regulators are yet to confirm any form of investigation into the Model S fires. If the government regulator does find a fault, we could be looking at a potential recall of select models. However, Tesla boss does not think a formal investigation should be required and that Tesla cars are way safer than any other fossil fuel-powered automobile.

Musk was quick to attack those media channels that, according to Elon Musk, had blown the whole thing out of proportion. "Reaction to the fires reported by some media are extremely inaccurate and unreasonable," he added. Since, the first report of the fires, Tesla stocks have plummeted by 22 percent, sparking fears among investors.

The NHTSA is in constant contact with the authorities investigating the accidents. The agency had earlier chosen not to investigate into the fires when the first incident came to light.

More on the Tesla Model S after the jump

Source: Autonews
Bugatti Veyron Grand Sport Vitesse "Jean Bugatti" Edition

If you’re wondering what the next installment of Bugatti’s Legends Series is going to be, the French automaker may have given an indication with the filing for trademark of the Rembrandt Bugatti name.

If you’re not familiar on the name, Rembrandt is actually the younger brother of Bugatti founder Ettore Bugatti and he’s also the man responsible for designing the famous hood ornament on the Bugatti Type 41 Royale .

So why is this all important on this otherwise innocuous October day? Well, it appears that the next Veyron to be included in the Legends Series will bear the Rembrandt Bugatti name, following Jean-Pierre Wimile and Jean Bugatti in that ultra exclusive club.

The patent application was apparently filed with the European Union’s Office for Harmonization in the Internal Market by Audi ’s intellectual property office for Bugatti. We doubt that Bugatti has a new model in the pipeline that will carry the Rembrandt name, so it seems that the move to trademark the name fits right in line with Bugatti’s recent run of special edition Veyrons.

Click past the jump to read about the first two Veyrons that make up the company’s Legends Series

Source: Autoblog

The Bugatti name has long been associated with style and performance in the realms of automotive excellence, but few are aware of impact the Bugatti name made in the worlds of art and craftsmanship.

The Bugatti family began a legacy for themselves in the late 1800s that continued through many generations and lasts even still. The Mullin Automotive Museum, an institution devoted to showcasing French art and automobiles from the Art Deco era, has announced The Art of Bugatti exhibition that starts in the spring of 2014.

The museum is located roughly an hour north of Los Angeles in Oxnard, California, and it will play host to the Bugatti family collection of oil paintings, bronze sculptures, intricate furniture and, of course, some of Bugatti’s most famous cars, including the current Veyron .

Besides the Veyron , the exhibition will also host the early Brescia racecar , the race-winning Types 35s, 37, and 51; Jean Bugatti’s Type 64 Papillon and Atlantic Coupé; Types 57 Aravis and Atalante, and the Type 41 Bugatti Royale. Even more impressive is perhaps one of Bugatti’s earliest four-wheeled creations, a horse-drawn cart, complete with the iconic Bugatti logo branded on its side.

Click past the jump to see more pictures of the classic Bugatti cars and artwork

Very few automakers throw a celebration quite like Ferrari .

This year, the iconic Italian automaker celebrated its 30th anniversary in Hong Kong, and true to form, it organized quite an event to ring in the celebrations.

The pictures paint the story, fellas. Those are over 600 Ferraris, ranging from old-time classics to the latest releases, all converging at the Asia World Expo in Lantau island, to commemorate Ferrari’s 30th anniversary in the Chinese territory.

To add prestige to the event, Ferrari chairman Luca di Montezemolo was in attendance to lead the celebration that included some of the most iconic Ferraris in existence, including the Dino , the 195 Inter, and the 365 GTS . Modern Ferraris were also in attendance, including the 458 Challenge , 599XX and the FXX Evoluzione .

The event also gave Ferrari the opportunity to unveil its latest offering, the 458 Speciale , which was unveiled by F1 test driver Marc Gene.

Congratulations to Ferrari on its 30th anniversary in Hong Kong. Here’s to more years of success in the Chinese territory.

Click past the jump to read about the 2014 Ferrari 458 Speciale

Hyundai Genesis Coupe

At this point, the Hyundai Genesis Coupe is the closest thing to a sports car Hyundai has in its lineup. But all that could change soon after Michel Nandan, Hyundai’s team principal for its WRC team, recently told Drive that Hyundai will be launching a performance sub-brand soon.

The company appears to be using its return to the World Rally Championship as the stepping stone to promote the new performance sub-brand with the initial focus set for the European market where the rally series holds almost all of its races.

The launch isn’t expected to come anytime soon, though. Plans call for the company to launch the brand sometime in the next year with the initial offering expected to be a performance version of the i20 subcompact. We’re not exactly sure how that’s going to translate but if it can be anywhere close to what a car like the Chevrolet Sonic RS is offering, then you can look at the performance i20 having a real shot to be a successful introduction model for Hyundai’s still-unnamed performance sub-brand.

We can also at least expect more performance-oriented versions of the Veloster and the Genesis Coupe with the possibility of all-new models being part of the lineup. Whatever the case may be, Hyundai is dead serious about launching this performance sub-brand and if we’re looking for indication as to what we can expect, we’ll have to see its WRC performance next season.

Click past the jump to read about the Hyundai i20 WRC Race Car

Source: Drive
Spyker B6 Venator Concept

Rumors of Lotus ’ involvement with Spyker’s production plans for the B6 Venator took a shot in the arm recently.

Recent reports indicate that Spyker CEO Victor Muller sent a letter to potential customers confirming that Spyker is indeed collaborating with Lotus.

According Autoweek.nl, the upcoming B6 Venator will use a Lotus-built engine that it will build from a Toyota-sourced engine block. Although nothing has been made official, rumors seem to point to a supercharged 3.5-liter V-6 engine that’s currently sitting under the hood of the Exige S . In the event that the B6 Venator will carry that powertrain, expect the output to be somewhere in the neighborhood of 345 horsepower and 295 pound-feet of torque.

In yet another surprising reveal from Muller, it appears that Spyker will also commemorate the impending launch of the B6 Venator with its own "Launch Edition" model, comprising of 100 models that will be given to the first 100 customers of the model. A host of special edition features will be added to the B6 Venator Launch Edition, including a Chronoswiss clock and a watch engraved with the car’s production number.

Spyker is expected to begin production of the B6 Venator in November 2014 but as early as now, the company is already accepting pre-orders for a €20,000 ($27,170) deposit.

Of course, for those wondering about the tie-up between these two fledgling companies, more details are likely to be revealed in the coming weeks.

Objectively, a Spyker with a Camry engine is not the most appealing idea. Nor is the idea of putting down a deposit on a vehicle that has not yet had any engine testing or fitting trials.

Click past the jump to read about the Spyker B6 Venator.

Source: Autoweek NL

There aren’t a lot of cars that are as highly anticipated as the McLaren P1 . That’s precisely why news of it starting production is, well, newsworthy.

Obviously McLaren also relizes the importance of the P! to enthusiasts, as it took the task of announcing the birth of its halo supercar . The British automaker even took a couple of photos of the initial production process of the P1 and from the pictures that were released, it certainly appears that McLaren is being ultra-meticulous about the creation of its 916-horsepower beast.

The section dedicated to the production of P1 appears to be cordoned off, giving us hints of how careful McLaren is being with building the car from the ground up. Certainly, the P1 deserves all the attention it’s getting, especially when you consider its status in the industry as one of those new supercars that’s expected to be just as powerful as they are exclusive.

Only 375 units of the McLaren P1 will be build at a price of £866,000, which is around $1.4 million based on current exchange rates. That’s a lot of money for a supercar, yet only a number of models are left unaccounted for.

Speaks to the appeal of the P1 and McLaren, if you ask us.

(Click past the jump to read about the 2014 McLaren P1}


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