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Business


 

Hybrids: the hottest vehicles of the future

U.S. hybrid sales jumped more than 34 percent last year

Hybrids are still niche vehicles, but at their current rate of growth, they could dominate the roads in another five or 10 years.
U.S. hybrid sales jumped more than 34 percent to a total of 338,851 in 2007, according to CNW Marketing Research in Bandon, Ore. The only other vehicle segment that grew faster than hybrids in 2007 was what CNW calls “budget cars.” Sales of these small, inexpensive models, which include the Chevrolet Aveo, Honda Fit, and Toyota Yaris, grew at an astonishing rate of nearly 48 percent.

With rising gas prices and higher fuel economy standards mandated by the federal government, analysts expect hybrid technology to proliferate in the coming years. “You’re going to see wider availability of hybrid powertrains as options on more and more vehicles,” says David Wurster, president of the Bloomfield Hills, Mich.-based market research firm Vincentric. “I don’t think they’re going to be the ‘unique’ vehicles for much longer because it’s going to become commonplace technology.”
With new models entering the market and their popularity expected to rise, CNW predicts that 1.1 million hybrids will be sold annually by 2010.

Though their numbers continue to swell, hybrids still carry a premium for the added hardware, usually electric motors and a battery pack, estimated on average to be $3,000 over the cost of their conventionally powered equivalents. But unless this figure drops dramatically or gas prices take another large leap, some feel the price differential will continue to be a barrier to hybrids’ widespread acceptance. “It comes down to the old adage that, ‘there’s no free lunch’,” says John Wolkonowicz, a senior market analyst with Global Insight in Detroit. “You can build vehicles that get better fuel economy and with reduced emissions, but there’s a cost connected to all that.”

To help soften the financial blow and spur sales, the federal government provides an income tax credit for buyers of hybrid vehicles. This credit can be as much as $3,000 on a vehicle like the Ford Escape Hybrid or Mercury Mariner Hybrid. However, these credits are phased out once an automaker sells 60,000 hybrid vehicles.

The tax credits have already expired for Toyota and Lexus models and are in the process of being phased out for the Honda Civic Hybrid. The Civic Hybrid’s credit was cut in half to $1,050 on January 1, and will be reduced to $525 after July 1. Hybrid vehicles from automakers that haven’t met the sales quota will continue to qualify for a full tax credit through 2008. Currently, this includes the Ford Escape Hybrid and Mercury Mariner Hybrid.

This year, hybrid powertrains are being fitted into some of the most unlikely vehicles: full-size SUVs. The Chevrolet Tahoe Hybrid and GMC Yukon Hybrid are now available, and hybrid versions of the Cadillac Escalade, Chrysler Aspen, and Dodge Durango go on sale late in 2008 as 2009 models.

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               Why did I buy a car !         

By Lal Alawatte
M.I.M.I (UK), Dip. Auto.Eng. (Jap.)

This is the first of a series of columns. The key reason that urged me to pen some words about the vehicles and the Sri Lankan vehicles buyers in general was the experiences I have gained as an automobile engineer for the last 26 years.

If I were to say most Sri Lankans, who presently own motor vehicles and others who intend to buy in the future, do not have a rational and logical answer, if one were to ask why did or why will you buy a vehicle, will you be shocked?

There is nothing shocking about it when you associate buying a motor car with the buying behaviour of the Sri Lankan people! Most of the Sri Lankans regard vehicles as a symbol of status. Can a Third World country like Sri Lanka afford to have motor vehicles as symbol of status, especially with the skyrocketing fuel prices?

As an automobile engineer, I can say that there is an increasing need in the country of a proper mechanism to educate the people who are intending to buy a vehicle in the future. It is very heartbreaking to note that Sri Lanka is the only country where people buy motor vehicles, which they really don’t want to!

“I never wanted to buy this car but what to do, that was all the money I had…”
“Frankly I didn’t like the car, but my broker said it was one hell of a deal…”
“My neighbours had been using that car from the time immemorial and they were literally roaming from Point Dendro to Point Pedro every weekend. So my wife said we should buy the same vehicle…”

Above are several dialogues we frequently hear from the Sri Lankan people, who are not satisfied with their vehicles.
Mainly, there are four factors that you should keep in mind when you are buying a motor vehicle. Apart from that you should try to keep yourself away from all the prejudices that Vattuhamy Mudalali had when buying a vehicle for his son Aravinda in Martin Wickramasinghe’s Yuganthaya!

First of all, before buying a vehicle, the intending buyer should identify the purpose of buying a particular vehicle. What is the point of buying a 1.5 million vehicle to go on a picnic twice a month with all your kith and kin? There are several automobile types such as motorbikes, passenger cars to earth moving and special purpose vehicles, and each vehicle type is designed to serve a different purpose. Yet, it is very unfortunate to see that some Sri Lankans lose their entire fortunes by buying vehicles without any purposes.

The second most important factor is the legal status of the vehicle. Basically, there are three types of vehicles available in the Sri Lankan market; vehicles used in Sri Lanka, used unregistered vehicles and brand new vehicles through an agent or a franchise. When you are buying a vehicle, you have to clarify the authenticity of the vehicle’s paper work with the relevant authorities.

The third is the availability of spare parts in the country. Presently, there are so many vehicles on Sri Lankan roads for which spare parts are not available locally. The worse part is for some vehicles there are no authorised agents in the country.

Market value of the vehicle can be considered as the fourth important fact that a buyer should consider. Interior, exterior and all the mechanical details of the vehicle should be checked by a qualified person. Why we talk about the market value is that you don’t buy a car for your entire lifetime. At some point you will be selling your car to buy a new one.

One thing you always have to keep in mind is that a motor vehicle is an investment. Thus, if you are thinking of buying a vehicle, remember to pay your attention to at least to these four factors and avoid sleepless nights and long dreary hours at your garage.

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Land Rover’s stunning new LRX concept car

These are the world’s first pictures of the stunning new LRX concept car, a three-door compact off-roader that’s tipped to hit the road in 2010. Finished in pearlescent white paint, the 4 seater is a dramatic evolution of Land Rover’s traditional ideals. In a bold move into a new niche the newcomer will rival the forthcoming BMW X1, and Audi Q5.

Smaller, lighter, and built using reclaimed and recycled materials, the LRX is intended to demonstrate the firm’s commitment to reducing the environmental impact of its new cars. Launched as Land Rover prepares to celebrate its 60th anniversary, one of the car’s stated goals is to become one of the least polluting vehicles in its class.

It should be no surprise that the model is the work of Brit Gerry McGovern, who was also behind the creation of the landmark Freelander in 1997. Described as a cross coupe, rather than an SUV, or 4x4, the LRX is slightly smaller than the new Freelander 2, but nevertheless designed to be more up market than its bigger brother.

Much of this is thanks to greater emphasis on leather upholstery and liberal use of the kind of materials most often used in the likes of the flagship Range Rover.

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New three-door Mazda2 to debut at Geneva Show

The new Mazda2 three-door hatchback will make its world premiere on Tuesday 4 March at the 78th Salon International de l’Auto de Genčve. This is the first time that Mazda has offered a three-door variant in its popular Mazda2 model range. The newcomer will feature all the attributes of the five-door hatchback, but delivering an even sportier feel at a more affordable price.
The new Mazda2 three-door hatchback is designed to attract new customers and boost Mazda’s continued growth in the European market. It comes with the same power train line-up – the lively and responsive MZR 1.3-litre and 1.5-litre petrol engines and the MZ-CD 1.4-litre turbo diesel – as the five-door hatchback. These engines achieve high fuel efficiency together with particularly low CO2 emissions.

The three-door Mazda2 shares the same overall dimensions as the five-door and achieves a similarly modest kerb weight, model for model. The five-door Mazda2 has already demonstrated that by completely redesigning the body and chassis and implementing Mazda’s unique ‘gram strategy’, the brand’s small car weight could be reduced to under the 1,000 kilogram threshold. This outstanding result reverses the industry trend towards bigger and heavier cars.

Launched in September 2007 as Mazda’s first new-generation Zoom-Zoom vehicle to evolve to the next level, the new Mazda2 was an immediate hit with European customers. In December 2007, it was awarded a 5-Star safety rating by Euro-NCAP and it has won more than 20 automotive awards. These include Car of the Year awards in Austria, Belgium, Bulgaria, Croatia, Denmark, Greece and New Zealand, along with the Japan RJC Car of the Year.

The Geneva Show will also witness three Mazda European debuts: the Mazda Taiki concept car, equipped with a next-generation rotary engine, the Mazda5 Hydrogen RE Hybrid and the upgraded Mazda’s RX-8 four-seater, four-door sports car.

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Maruti to beef up R&D

Maruti Suzuki is planning to treble the number of engineers and designers at its R&D (research and development) centre over the next three years.

The company at present has little less than 300 people in its R&D wing. This will go up to 1,000 in three years, according to company sources.

The move on the R&D front comes even as Maruti Suzuki is gearing to roll out a range of new models such as Swift Sedan, A-Star and Splash in the near future. In the medium-term, it is planning to launch the D-segment car, Kizashi.

The company is also stepping up work in alternative fuel segments like LPG, where it has shown success with WagonR Duo and Omni.

“Maruti has an aggressive plan for model launches in the next few years. This will require plenty of design and development work for which we have to step up capability,” a top company official said.

S. Nakanishi, Managing Director, had asserted that Maruti was ready to play a major role in Suzuki’s global operations. It is integrating rapidly with Suzuki’s game plan of launching world strategic models. In the light of the success of world strategic models like Swift and SX4, Maruti will be launching other Suzuki world models like Splash and A-Star in the next 12-18 months.
The A-Star will be manufactured exclusively by Maruti and exported to Europe and the rest of the world. Suzuki Chairman and CEO, O. Suzuki, had always wanted Maruti’s R&D facilities to be on a par with Suzuki Japan.

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Nissan Carwings wins energy conservation prize

Nissan Motor Co. Ltd. today announced that its eco-driving service available on its CARWINGS navigation system has won the ANRE (Agency for Natural Resources and Energy) Director-General’s award in the 18th annual Energy Conservation Prize. The award is bestowed by the Agency for Natural Resources and Energy in the Ministry of Economy, Trade and Industry and the Energy Conservation Centre, Japan.

The award is open to the public, and covers a wide range of energy conservation innovations, including use of new energy -and resource-saving or high energy-efficient materials, equipment and systems for non-military use. The award serves to recognise innovative ideas in order to accelerate wider commercial application of new energy conservation technologies. The goal is to achieve a more energy-efficient society via the adoption of new ideas towards energy conservation, reduced emissions and environmental conservation. Nissan’s CARWINGS service was recognised for its contribution to improve road traffic congestion and driver-behaviour, and deliver sustainable results in fuel-consumption improvement.

Fastest route guidance system. This service calculates the fastest route to a given destination based on real-time traffic information, combined with statistical and historical database, via Nissan’s proprietary software to project the anticipated traffic conditions. The system reduces commute times and increases average speed, leading to higher fuel-efficiency. The service is available to CARWINGS members via the navigation system or the Nissan call-centre service.

Fuel consumption patterns are published on the CARWINGS website, allowing members to compare their eco-driving performance against other members, based on the same vehicle model. The service also delivers personalised fuel-efficiency rankings for the CARWINGS member and weekly tips to improve their eco-driving skills. The CARWINGS eco-driving service offers a sustainable approach in changing driving behaviour to minimise the impact to the environment.

Nissan’s CARWINGS service has also been awarded the 2007 Minister of Land, Infrastructure and Transport Prize in the Eco-Services Division of the 2007 Eco-Products Awards.

Under the Nissan Green Program 2010 mid-term environmental plan, the company aims to develop and introduce new technologies, products and services that lead to real-world reductions in CO2 emissions, cleaner emissions to preserve the air, water, and soil, and recycling of resources.

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Renault-Nissan to rival Tata Nano

Buoyed by the overwhelming response to Tata Motors’ Nano, French auto major Renault, today, said that, in partnership with Japan’s Nissan, it will rival the world’s cheapest car with its own version.
The company, which was earlier planning to roll out a US$ 3,000 car, has scaled down the targeted price, with its Chief Executive Officer Carlos Ghosn hinting that the expected cost would be around US$ 2,550.
Tata unveiled the world’s cheapest car, at US$ 2,500, in New Delhi on January 10.

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