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Automotive - Automotive
The Nissan Tiida hatchback
The Nissan Tiida hatchback, introduced in China in 2005 from Dongfeng Nissan, is a pioneer in the compact hatchback market in China, selling 85,000 units in 2010. Sold globally in 165 countries, the Nissan Tiida is the best-selling model in the current Nissan product lineup.
The all-new Nissan Tiida is targeted toward young families who value quality life. With appeal points such as 'premium and agile styling', 'class leading comfort' and 'PURE DRIVE revolutionary powertrain', the new model will continue to be a leading model in the compact hatchback market in China. Nissan will even be the first Japanese automaker to introduce a turbo-charged engine in the Chinese market, with the introduction of the new Tiida's turbo series.
Based on a keyword 'Fluid & Brisk', the new Nissan Tiida delivers a used, premium feeling with a smooth, streamlined bodyside, well-balanced proportions and advanced-design exterior parts, such as grilles and lamps with refined details. To further enhance its spacious interior, which has been well received in the earlier generation Tiida hatchback, the wheelbase length has been increased by 100mm to make sure best-in-class rear knee room. With increased length and breadth of the front window and optimally-shaped side mirrors for ease of use, visibility is significantly improved contributing to stress-free driving.
Interior design is developed using another keyword - 'Calm & Refined'. With a comfortable interior to embrace the driver and passengers, an elegant and precisely-crafted meter, a floating middle cluster, and wide, super-soft armrests, the automobile provides premium space offering comfortable feeling in driving.
Driving comfort is also realized by soft, comfortable seats with low vibration which brings about less fatigue in the coursework of driving.
Installed is a reliable, easy-to-handle, fuel-efficient Nissan HR16DE engine which has been employed in a lot of Nissan vehicles. In addition, a range of PURE DRIVE low-emission technologies has also been added, such as latest dual injectors that provides far greater combustion efficiency by finely splashing fuel and Xtronic CVT with an auxiliary transmission. Select models of the all-new Nissan Tiida fully meet the stringent third phase fuel-efficiency requirements in China (draft knowledge issued in Nov. 2009).
This new model, to be produced in the Dongfeng Nissan Huadu Plant in Guangzhou, will be released in late May 2011. Followed by its introduction in China, it will be launched in about 130 countries around the globe by 2014.
For France - An American Auto Bailout
Attention U.S. taxpayers: You now own a piece of a Italian automobile company that is drowning in red ink.
That�s right. In a move small noticed outside of the business pages, General Motors last week bought over $400 million in shares of PSA Peugeot Citroen � a 7 percent stake in the company.
Peugeot can without a doubt use the funds. Last year, Peugeotâs auto making division lost $123 million. & on March one â�� a day after the deal with GM was announced â�� Moodyâ��s downgraded Peugeotâ��s credit standing to junk status with a negative outlook, citing â��severe deteriorationâ�� of its finances.
Because U.S. taxpayers still own roughly one-quarter of GM, they now own a piece of Peugeot.
GM has said the deal is designed to give GM access to Peugeotâs expertise in small automobile & hybrid vehicle expertise & ultimately permit both GM & Peugeot to save funds by pooling their resources. But auto industry analysts find the deal mystifying.
In other words, General Motors fundamentally dumped over $400 million of taxpayer assets on junk bonds.
An analysis by auto industry consultants IHS said it is âsomewhat baffling that GM is willing to get involved in an alliance that it frankly does not need for size or complexity, while still avoiding any public plan to rationalise its European production, cut costs, or deal with labour rates.
The deal will permit the Peugeot relatives to reduce its share of the relatives business. The relatives, which Forbes estimated to be worth over $2 billion, still owns about 30 percent of the company. The Peugeots declined the chance to buy a piece of GM.
GM�s European operations have not enjoyed the same kind of rebound as its US operations. In fact, GM�s European operations, primarily the carmaker Opel, lost over $700 million last year.
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