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| Mitsubishi Agrees to Supply Smart Engines |
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TOKYO - Mitsubishi Motors announced today that it has struck an agreement with DaimlerChrysler, manufacturer of Smart minicars, to supply engines for the next generation of the tiny Smart Fortwo.
The 660cc, three-cylinder turbocharged unit will be the same one that will be used in the new Mitsubishi "i" minicar, due to be launched on the Japanese market in January. The new Smart Forwo is scheduled to make its debut in 2007.
The news follows a cooling-down period between DaimlerChrysler and Mitsubishi. The former had a controlling stake in the Japanese carmaker, but since April 2004 DCX announced an end to its financial support, and since then Mitsubishi has tried to come up with a recovery plan. Nevertheless, there are several existing connections between the two companies, including a newly developed engine family, the Dodge Dakota-based Mitsubishi Raider, and the Smart-based Mitsubishi Colt.
What this means to you: When they're not trying to squeeze each other out of business, car companies are working together. Cooperation is the biggest trend in the auto business these days
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Source : http://www.edmunds.com
(10/28/2005)
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Stories of Saturday, October 29, 2005 |
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| Murano buyers offered DVD package |
| Uncertain future for Fiat UK |
| Ford Motor says to invest $75 million in India |
| Audi boxes clever |
| Daytona beckons, thanks to STP |
| Ford Focus ST |
| Vauxhall details new performance VXRs |
| Hyundai Puts Minivan Back On Track |
| Ex-Rover staff get Nanjing invite |
| Castrol has developed a new branded dealer programme called 'Service Rewards' which is being launched in the UK. |
| Audi Launches Europe's First Brand-Specific TV Channel |
| Next-Generation Volvo S80 Will Gain V8 Power |
| 4x4 Subaru heads to the UK |
| Struggling Ford Limits Bathroom Breaks at Navigator Plant |
| Mitsubishi Planning New V6 Outlander for U.S. |
| AutoTurkey 2006 conference set for 25-26 January |
| TRW Automotive completes Spanish airbag maker acquisition |
| Ford Delivers Hydrogen Focus Fuel Cell Fleet |
| PSA Peugeot Citron's nine-month sales up 1.3%; inventory cuts planned |
| The USO and GM Racing Bring National Hot Rod Association Drivers to Visit Troops in Germany |
| Dept of Transport: VED evasion cost rises by £18m to £147m |
| Nanjing Automobile in talks with potential Longbridge joint venture partners |
| Revenue Up, Operating Profit Up |
| Jay Leno to Present Restored 1968 Camaro to Fallen Hero's Son |
| Consumers Crucial In Outcome of Oil Change Intervals |
| MADD Kicks Off 2005 Strides for Change 5K Walk October 29 at Milam Park |
| Production October 28, 2005 |
| Kia Motors reports third quarter profit fall |
| Hot Wheels Booth at SEMA Offers Much More Than Die-Cast |
| Mitsubishi To Supply Engines For Smart Car |
| Micron Technology launches new automotive image sensor chip |
| Historic Ski Jump Commercial To Celebrate 25 Years Of Quattro |
| Programs to Leave |
| Mercedes-Benz Unveils R-Class Grand Sports Tourer |
| Ford Dagenham employees mark plant anniversary with new Transit diesel |
| Nissan reports 5.5% fall in quarterly operating profit |
| Toyota Builds on the Past, Looks to the Future in 2005 North American Environmental Report |
| Autobytel's Automotive Video for Hot-Off-the-Shelf Video iPods |
| Automotive sector is now third-largest PCB consumer |
| Monaco Coach Corporation Reports Third Quarter Results |
| GM Recalls Nearly 106,000 SUVs |
| BMW revises Z4 engine line-up |
| McRae's Fabia time Down Under |
| GM recalls nearly 106,000 SUVs to fix door latch |
| AvtoVAZ Chief Calls It Quit-ski |
| Hot-Blooded 408-Horsepower Volvo XC70 Roars in to SEMA |
| Daimler unit to appeal against ruling in MAN case |
| BMW 3-Series tops thieves' wish list |
| Ford's head of hybrid program to leave |
| New Buick Crossover Christened "Enclave" |
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