Official: Mazda reports strong Skyactiv sales, plans to boost output 25%

Filed under: Budget, China, Japan, Plants/Manufacturing, Technology, Mazda

Skyactiv Technology logo

Mazda is set to expand production of its Skyactiv engines after critical and commercial acclaim for the fuel-sipping powerplants. The Japanese manufacturer has a number of plans in the works to bump up production, with the first being a 25-percent increase in output from its Hiroshima, Japan engine facility.

Besides adding a new line, Mazda will modify the line that built MZR engines, a family of mills that includes the 2.3-liter, turbocharged four-cylinder found in the Mazdaspeed3 and the 2.0-liter found in the MX-5 Miata. The bump in production is just part of Mazda’s goal of selling 1.7 million vehicles globally by 2016, with 80 percent of those vehicles expected to wear a Skyactiv badge.

Mazda also builds Skyactiv engines at a joint-venture facility with Ford, in Changan, China, while a Mexican facility will go online by March of 2014. Skyactiv engines currently power the Mazda3, Mazda6 and CX-5.

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Mazda reports strong Skyactiv sales, plans to boost output 25% originally appeared on Autoblog on Tue, 27 Aug 2013 17:32:00 EST. Please see our terms for use of feeds.

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Official: 2014 Toyota Tundra gets five grades priced from $25,920*

Filed under: Car Buying, Truck, Work, Toyota, Off-Road

2014 Toyota Tundra front three-quarter view

Toyota has announced pricing details for its refreshed 2014 Tundra, with the fullsize pickup offered in five grades. Naturally, that doesn’t include the buyer’s choice of three cab styles, the option of two- or four-wheel drive, and a choice of a 4.0-liter V6 base engine or 4.6-liter and 5.7-liter V8s.

The base SR starts at $25,920, while the volume SR5 model starts at $29,465. Toyota notes that all SR5s ordered with the big V8 hold the line on pricing from 2013 while including a further $650 in standard equipment. The first of three high-end trims, Limited, starts at $36,940, while the Platinum and 1794 Edition both start at $44,270, with all prices subject to a $995 destination charge. Also noteworthy on the cost-savings front, Limited CrewMax 4×4 models are priced $2,000 less than their 2013 equivalents, (4×2 buyers save $1,900).

As is typical for a model as as customizable as a pickup, Toyota’s pricing structure is far from simple. Adding the 5.7-liter V8 at one trim level can cost several hundred dollars more or less than another trim level – the same goes for adding four-wheel drive. So, rather than break out the Enigma Machine to try and decipher what options cost what on which trim, we’ve just rolled the whole pricing chart in. Scroll down for a look, including Toyota’s full press release, and then check out our recent First Drive feature of the truck.

Continue reading 2014 Toyota Tundra gets five grades priced from $25,920*

2014 Toyota Tundra gets five grades priced from $25,920* originally appeared on Autoblog on Thu, 08 Aug 2013 16:58:00 EST. Please see our terms for use of feeds.

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2011 Kia Sportage SX Turbo packs 256 hp, priced from $25,795

Filed under: Crossover, Kia

2011 Kia Sportage SX Turbo

2011 Kia Sportage SX Turbo – Click above for high-res image gallery

Kia has dropped all the juicy details on its 2011 Sportage SX Turbo. The vehicle will hit the streets with a 256-horsepower, turbocharged 2.0-liter four-cylinder engine that’s also good for 264 pound-feet of torque. That makes the Sportage the second vehicle in the Kia lineup to take advantage of the automaker’s all-new direct-injection engine, the first being the 2011 Optima. The forced-induction four-pot will come bolted to a six-speed automatic transmission, which should help the Sportage SX nab 27 miles per gallon on the highway in front-wheel-drive guise. The automaker says that the figure gives its CUV better fuel economy than any of its competitors.

In addition, the Sportage SX Turbo will use a firmer suspension compared to its naturally aspirated kin, and a host of aesthetic changes will set the vehicle apart from the rest of the Sportage line. Look for special 18-inch wheels, dual exhaust and a different grille to adorn the new turbo model.

Prices start at $25,795 for the front-wheel drive version. Opting for all-wheel drive will set you back an additional $1,500. Both prices exclude a $695 destination charge. Hit the jump for the full press blast.

Gallery: 2011 Kia Sportage SX Turbo

[Source: Kia]

Continue reading 2011 Kia Sportage SX Turbo packs 256 hp, priced from $25,795

2011 Kia Sportage SX Turbo packs 256 hp, priced from $25,795 originally appeared on Autoblog on Fri, 04 Mar 2011 13:00:00 EST. Please see our terms for use of feeds.

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Fiat increases stake in Chrysler to 25%

Filed under: Chrysler, Fiat

Chrysler and Fiat logos

Fiat is seriously commited to rebuilding Chrysler, and to that end it’s increased its stake in the Michigan-based automaker by an additional five percent.

The reshuffled ownership breakdown still leaves the United Auto Workers as the largest shareholder at 63.5%, with Fiat’s stake now up to 25%, the U.S. Treasury Department retaining 9.2% and the Canadian government 2.3%.

The increased stake came with government approval as Chrysler meets certain performance parameters, in this case the production of the Fully Integrated Robotized Engine (FIRE) at its plant in Dundee, Michigan.

Fiat will have the opportunity to increase its stake by another five percent when it demonstrates growth in overseas markets, and again with the production of a 40 mpg vehicle in the United States. At that point Fiat will have had the opportunity to increase its stake to a maximum of 35%. Details in the press release after the jump.

[Source: Chrysler]

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Fiat increases stake in Chrysler to 25% originally appeared on Autoblog on Mon, 10 Jan 2011 16:23:00 EST. Please see our terms for use of feeds.

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2011 Hyundai Sonata Hybrid priced from $25,795*

Filed under: Car Buying, Hybrid, Sedan, Hyundai

2011 Hyundai Sonata Hybrid

2011 Hyundai Sonata Hybrid – Click above for high-res image gallery

Hyundai has garnered quite a bit of praise with its all-new 2011 Sonata sedan, with its most recent accolade being named to the finalists of the North American Car of the Year. In addition to the naturally aspirated and turbocharged versions, the Korean automaker is offering up the eco-friendly Sonata Hybrid with tweaked styling and the ability to achieve up to 35/40 miles per gallon, city/highway. The first Sonata Hybrids will go on sale this January, and the automaker has just announced that the car will carry a base price of $25,795 (*not including $750 in destination charges).

In addition to the more efficient powertrain, the Sonata Hybrid comes standard with things like LED headlight accents, LED taillamps, fog lights, iPod/USB connectivity, Bluetooth and automatic headlamp control. Adding the $5,000 premium package adds things like a panoramic sunroof, 17-inch alloy wheels, satellite navigation, a rear backup camera, HD radio, leather seats and an Infinity premium sound system.

Compared to its American rival, the Ford Fusion Hybrid, the Sonata undercuts the Ford’s price by just over $3,000, though the Blue Oval’s claim to fame is its 41-mpg city fuel economy number. Still, we’re big fans of the Sonata Hybrid’s styling and refinement and we suspect it will make a big splash within the mid-size hybrid sedan segment. Follow the jump for Hyundai’s official release.

Gallery: 2011 Hyundai Sonata Hybrid: Second Drive

2011 Hyundai Sonata Hybrid2011 Hyundai Sonata Hybrid2011 Hyundai Sonata Hybrid2011 Hyundai Sonata Hybrid2011 Hyundai Sonata Hybrid

Photos copyright (C)2010 Zach Bowman / AOL

[Source: Hyundai]

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2011 Hyundai Sonata Hybrid priced from $25,795* originally appeared on Autoblog on Fri, 17 Dec 2010 17:29:00 EST. Please see our terms for use of feeds.

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Report: Whitacre suggests GM IPO shares will be $20-$25

Filed under: GM, Earnings/Financials

Ed Whitacre in crush of reporters

General Motors chairman Ed Whitacre is readying the world for GM’s Initial Public Offering. The IPO is slated to happen next month and Whitacre has reportedly said that he expects shares to be priced between $20 and $25. That price will likely be achieved via a stock split, with sources saying GM plans to offer shares in a four-to-one split.

This could be good news for past and present employees, as well as dealers, who are invited to purchase shares at the IPO price. The minimum investment is said to be $1,000 to participate in this program and even that minimum dollar amount could yield solid returns right out of the gate.

[Source: The Detroit News | Image: Stan Honda/AFP/Getty]

Report: Whitacre suggests GM IPO shares will be $20-$25 originally appeared on Autoblog on Thu, 14 Oct 2010 16:01:00 EST. Please see our terms for use of feeds.

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