Tips, news and autopart reviews

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February 01, 2011, 8:26 AM EST By Ragnhild Kjetland (Updates with executives’ comments from seventh paragraph.) Feb. 1 (Bloomberg) — Infineon Technologies AG, Europe’s second-largest chipmaker, raised its full-year forecast after reporting a better-than-predicted first-quarter profit on surging demand for automotive and industrial semiconductors. Revenue in the year ending September will rise by a mid- [...]

With a view to expanding its appeal in Europe, luxury Japanese car manufacturer Lexus is reportedly considering a wagon version of its popular IS model. Currently offered purely in sedan format, a wagon variant of the IS would expand Lexus’ competition base against such rivals as the BMW 3 Series Touring and Mercedes-Benz C-Class Estate, [...]

A few numbers just keep popping up whenever Toyota’s Hybrid Camry is mentioned: 2010, February – launch date $35 million – taxpayer-funded investment from the Federal Government’s Green Car Innovation Fund $35 million – taxpayer-funded investment from the Victorian Government 35 percent – purported fuel saving over its ‘six-cylinder rivals’ (if, in fact, it has [...]

Kia is ’seriously considering’ moving forward with a production version of its Kee concept vehicle, as seen at the 2008 London Motor Show, in a bid to compete with such rivals as the Mazda MX-5 and the upcoming Toyota FT-86. In a recent interview with the UK publication Autocar, Kia design director Mr Peter Schreyer [...]

Beijing Automotive Industry Holding Corporation (BAIC), has shown off its first self developed electric car, joining other Chinese rivals expecting a demand for clean energy cars. BAIC is a partner of Daimler and was an unsuccessful bidder for General Motors’s Opel brand. The electric vehicle known as BE701 is able to travel a distance of [...]