Pages

7/13/2012

Auto News - Viper GTS-R will debut at Mid-Ohio on Aug. 4


Auto News - Viper GTS-R will debut at Mid-Ohio on Aug. 4. SRT has confirmed that the Viper GTS-R will make its competition debut in the American Le Mans Series at Mid-Ohio on August 4. While development of the car has continued in earnest, SRT Motorsports, along with partner Riley Technologies, has only been able to perform three test sessions since its debut in April – one at Carolina Motorsports Park in South Carolina, another time at Virginia International Raceway, and most recently at Mid-Ohio over the July 4 holiday. Says Gary Johnson, Road Racing Manager for SRT Motorsports, "Each test has met and more often exceeded our expectations, so we'll see how things go at Mid-Ohio and then make a decision about the rest of the 2012 season." While the rest of the 2012 season may be up in the air until after the GTS-R's debut at Mid-Ohio, the team is planning to campaign the entire 2013 ALMS season.


SRT Motorsports will be fielding two Viper GTS-Rs on race day at Mid-Ohio. The drivers include Dominik Farnbacher of Germany, who set a claimed production car lap record at the Nürburgring last year in a Viper ACR, Marc Goossens from Belgium and Kuno Wittmer from Canada, with American-born Ryan Hunter-Reay from Dallas, Texas joining the team for longer endurance races than Mid-Ohio's three-hour jaunt. The cars will compete in the production-based GT class of ALMS, which means on race day they'll be rubbing fenders with the Aston Martin Vantage, BMW M3 GT, Chevrolet Corvette C6.R, Ferrari 458 Italia, Lotus Evora and Porsche 911 GT3 RSR.



PRESS RELEASE

2013 SRT Viper GTS-R Set to Return to American Le Mans Series Competition at Mid-Ohio

New Street and Racing Technology (SRT) Motorsports team features two identical SRT Viper GTS-Rs in the production-based GT class

July 13, 2012 , Auburn Hills, Mich. - The 2013 SRT Viper GTS-R will make its first on-track race appearance Aug. 4 at the Mid-Ohio (Lexington, Ohio) Sports Car Course, SRT Motorsports officials announced today.

"We're thrilled to return to the world-class competition in the American Le Mans Series with our flagship American supercar," said Ralph Gilles, President and CEO – SRT Brand and Motorsports, Chrysler Group LLC. "The new SRT Viper GTS-R represents a rebirth for us on the race track. It epitomizes the best of what our new SRT performance brand represents and showcases the Viper's natural affinity for road courses. Now the time has finally come to go head-to-head with the best sports car teams from around the world."

SRT Motorsports has partnered with Riley Technologies, based in Mooresville, N.C., on the design-and-build process of the new SRT Viper GTS-R race cars. The team will compete in the Mid-Ohio Sports Car Challenge, a three-hour American Le Mans Series (ALMS) endurance race presented by Tequila Patron.

"Racing has been a significant part of the illustrious history of Viper," said Beth Paretta, Director of Marketing and Operations – SRT Brand and Motorsports. "Wins on the track, and continued development of our street cars along with our new 2013 SRT Viper models are proof of those lessons learned. Now with our new race team and the launch of the GTS-R, we're excited and proud to begin writing more chapters in the racing history of the Viper beginning at Mid-Ohio."

Scott Atherton, President and CEO of the American Le Mans Series, hailed the return of the SRT Viper to the series as one of 2012's top announcements.

"I don't think it's possible to overstate the significance of the SRT Viper returning to the top level of professional sports car racing," Atherton said. "The Chrysler Group has a long, storied and very successful history of competing with the American Le Mans Series. The fact that they're coming back concurrently with the introduction of the new production car and doing it simultaneously, we would be hard-pressed to come up with a better-case scenario. What a great way for the SRT Viper to come back to racing."

Two identical SRT Viper GTS-R cars will compete in the production-based GT class in the series. The GT class consists of production-based, moderately modified two-wheel-drive race cars. The SRT Viper GTS-R cars will be competing against the Aston Martin Vantage, BMW M3 GT, Corvette C6.R, Ferrari F458 Italia, Lotus Evora and Porsche 911 GT3 RSR. The GT class cars share many styling similarities to their showroom brands and by series' rules must have a minimum weight of 2,745 pounds. The cars produce between 450-500 horsepower with top speeds of up to 180 mph.

More than 30 SRT Motorsports team members were on hand for the most recent track test at Mid-Ohio.

"The decision to make our debut at Mid-Ohio is a result of the progress made with our testing program," said Gary Johnson, Road Racing Manager – SRT Motorsports. "The car has shown steady performance. Each test has met and more often exceeded our expectations, so we'll see how things go at Mid-Ohio and then make a decision about the rest of the 2012 season."

Following the limited schedule this season, the SRT Motorsports team will compete full time in the series in 2013.

Three full-time drivers currently are signed to drive including Dominik Farnbacher, from Ansbach, Germany; Marc Goossens from Geel, Belgium; and Kuno Wittmer from Montreal. Ryan Hunter-Reay from Dallas will join the team for the longer endurance races. Additional driver and team announcements will be forthcoming.

Viper racing heritage
The Viper has enjoyed a successful racing heritage that began in 1996 with the first Dodge Viper racing entry, the original GTS-R, which earned five international GT championships and the 1997-1999 FIA GT championships. It also posted an amazing overall win at the Rolex 24 Hours of Daytona in 2000 – the first for a production-based American car.

Viper finished one-two at the 24 Hours of Le Mans in GTS class in three consecutive years – 1998–2000 – and captured GTS class and driver's championships in the American Le Mans Series in 1999 along with the Series' class, manufacturer's and driver's championships in 2000 before retiring from the series.

The Dodge Viper Competition Coupe, introduced in 2003, delivered the next chapter of that history with its coupe-shaped carbon/Kevlar body and a track-ready chassis, based on the Dodge Viper SRT10. The Viper Competition Coupe continued the on-track prowess by capturing the 2004 SCCA Speed World Challenge GT title, championships in Formula D Drifting series in 2004 and 2006 and the British GT Championship in 2007 and 2008.

In 2010, the Dodge Viper Cup Series was founded using the limited-edition Dodge Viper ACR-X spec series cars. Now in its third year, the series has been renamed the SRT Viper Cup Series.

About SRT Motorsports
The engineering expertise within SRT extends well beyond our street vehicles. It is a little known fact, but technical support for the Chrysler Group's motorsports program is provided by the astute engineers at SRT. Lessons learned on the track directly translate to improved vehicles for our customers. SRT Motorsports is expanding its racing presence this year and look for more news from pit lane.

About SRT
The Chrysler Group's Street and Racing Technology (SRT) brand uses a successful product development formula featuring five proven hallmarks: awe-inspiring powertrains; outstanding ride, handling and capability; benchmark braking; aggressive and functional exteriors and race-inspired and high-performance interiors to remain true to its performance roots.

The expansion of the SRT vehicle lineup in the 2012 model year features four new products that are world-class performance contenders and bring the latest in safety technologies and creature comforts. These products include the Chrysler 300 SRT8, Dodge Challenger SRT8 392, Dodge Charger SRT8 and Jeep Grand Cherokee SRT8.

Making its highly anticipated return to the high-performance sports car market in late 2012 is the new 2013 SRT Viper and SRT Viper GTS. The SRT flagship performance machines arrive with more power and performance, superior craftsmanship, new technologies and creature comforts.



You're reading: Auto News - Viper GTS-R will debut at Mid-Ohio on Aug. 4. Share the article: Auto News - Viper GTS-R will debut at Mid-Ohio on Aug. 4 by clicking the share button below
Read More >>

Auto News - Sen Grassley asks if Toyota got off easy with unintended acceleration debacle

Auto News - Sen Grassley asks if Toyota got off easy with unintended acceleration debacle. Toyota is facing further fallout from its recent unintended acceleration debacle, with Senator Chuck Grassley (R-Iowa) calling on the National Highway Traffic Safety Administration to reopen its investigation into the situation that led Toyota to recall some eight million vehicles. According to TheDetroitBureau.com, Grassley has written a letter to NHTSA director David Strickland, stating in part, "Key questions about the cause of unintended acceleration remain unanswered."


Grassley's contention is that because neither of the two independent investigations into the issue produced a definitive cause or explanation, further digging is necessary. Most of the unintended acceleration incidents in the NASA and National Academy of Sciences reports not attributed to trapped floormats or other problems with accelerator pedals were blamed on driver error, according to the report, but both studies concluded that other unknown issues could be at play.

According to Automotive News, Grassley is particularly concerned about the "tin whiskers" phenomenon, in which tiny threads of conductive crystal can grow on circuit boards.

Toyota has responded to the Grassley letter, issuing a statement that reads, in part, "There is no problem with the electronic throttle control systems in Toyota vehicles – and all the scientific evidence confirms it. So-called 'tin whiskers' are not a new phenomenon and do not represent a mysterious or undetectable problem in a vehicle's electronics.


You're reading: Auto News - Sen Grassley asks if Toyota got off easy with unintended acceleration debacle. Share the article: Auto News - Sen Grassley asks if Toyota got off easy with unintended acceleration debacle by clicking the share button below
Read More >>

Auto News - 2013 SRT Viper (re)earns its stripes

Auto News - 2013 SRT Viper (re)earns its stripes. While this really doesn't qualify as "news," the above photo still has us excited enough to share. It's the first official image of the new 2013 SRT Viper with stripes. You see, we were a bit nonplussed when the Viper debuted at the New York Auto Show without its trademark livery. Perhaps it was to better focus attention on the sheetmetal's new curves, but we still missed seeing the lines down the middle on the show stand.

Chrysler has rectified that as shown in this single image of a red example on SRT's Facebook page. According to the caption, the example seen here is an engineering prototype undergoing dry-track stability control testing, an evaluation it apparently passed "with flying colors."


We're also reminded of a little tidbit that Chrysler design boss and SRT brand manager Ralph Gilles recently shared with us that he's quite proud about: The 2013 Viper's stripes will be worn underneath the clearcoat, not above. That's a change from the past model, and should result in both a better appearance and improved wear. The new stripes will be available in white as shown, but also in black and gunmetal pearl as cost options.

We're looking forward to seeing this car in GTS Blue Pearl with white stripes, as not only was the blue/white combo borderline iconic on previous GTS iterations, it also did a striking job of representing America's international racing colors.

You're reading: Auto News - 2013 SRT Viper (re)earns its stripes. Share the article: Auto News - 2013 SRT Viper (re)earns its stripes by clicking the share button below
Read More >>

7/12/2012

Auto News - Watchdog says White House needs exit strategy for GM, Ally


Auto News - Watchdog says White House needs exit strategy for GM, Ally. Christy Romero, a special inspector general examining the corporate bailouts that came in the wake of 2008's financial crisis, has some advice for the U.S. government: "Treasury should develop a concrete exit plan for GM and Ally." She is referring, of course, to the 30-percent stake that the government still holds in General Motors and the 74-percent stake it holds in Ally Financial, formerly known as GMAC when the Treasury pumped $17 billion into it.

For its part, the government says it already has an exit plan and Romero doesn't offer any further advice to guide that plan in some other direction. With the calls for Treasury to divest coming even more frequently during the U.S. Presidential race, Treasury has repeatedly stated the same thing: it is waiting for the right time to maximize its return, thereby minimizing the loss to the U.S. taxpayer.


With 500 million GM shares in its portfolio, the government needs those shares at $52-per in order to recoup the remainder of its initial $50 billion investment. Shares are right around $20, which would mean a highly unpalatable Greek haircut if the government gave up its position. Recent GM moves have also led the Treasury to believe that there is unlocked value in the company that the market simply hasn't reacted to yet; however, that sentiment was voiced two months ago and the stock price still hasn't budged.

Ally Financial is a different conundrum, one that the Treasury seems to be much more eager to divest itself of. The financial firm has paid back $5.4 billion of its TARP loan and filed IPO paperwork a year ago, but there's still not even a potential date for an offering, and no one seems to have any idea when it will pay off the rest of the funds. While plans are debated for an offering or a breakup of the company, Treasury has suggested that GM buy back Ally, but GM hasn't indicated any desire to do so.

So in effect, nothing has really changed, but at least now we have more figures in the government suggesting that the government get out of GM.


You're reading: Auto News - Watchdog says White House needs exit strategy for GM, Ally. Share the article: Auto News - Watchdog says White House needs exit strategy for GM, Ally by clicking the share button below
Read More >>

Auto News - Next Nissan Z will be smaller, lighter

Auto News - Next Nissan Z will be smaller, lighter. Nissan is reportedly hard at work on its next-generation Z. According to Inside Line, designers are already churning away on a concept version of the 2015 Z that may bow at the 2014 Detroit Auto Show. The report notes that Shiro Nakamura, head of design for Nissan, says the new Z will be both smaller and lighter than the current 370Z. 

The model will also be geared toward a wider audience, and Nissan may be investigating the possibility of ditching the tried-and-true 3.7-liter VQ V6 for a turbocharged four-cylinder, a move that would almost certainly help fuel efficiency. The current Z is saddled with a lackluster 26 mpg highway, and strong early sales of cars like the Scion FR-S certainly indicate certain buyers are willing to drop a few ponies for a machine that's engaging to drive and at least somewhat fuel efficient.









Blasphemy? Maybe, but the thought of an engaging, lightweight turbo four sports car is the stuff dreams are made of – it's the "wider audience" part of the discussion that has us concerned as enthusiasts. A smaller Z would likely mean abandoning the Z's FM platform which also underpins machines like the Infiniti G Coupe and Sedan as well as the FX softroader. Inside Line says Nissan may turn to its corporate partner Daimler for some help in the chassis department.


You're reading: Auto News - Next Nissan Z will be smaller, lighter. Share the article: Auto News - Next Nissan Z will be smaller, lighter by clicking the share button below

Read More >>

7/06/2012

Auto News - Peugeot stock jumps on word it could shed 10,000 jobs

Auto News - Peugeot stock jumps on word it could shed 10,000 jobs. Peugeot's recent announcement about job cuts has caused a number of different reactions. When the French firm previously attempted to shed 6,000 jobs, company CEO Philippe Varin was called to Elys̩es Palace Рthe French White House Рand then-president Nicolas Sarkozy suggested to him, in one of those ways that Varin couldn't refuse, that Peugeot reconsider, which it did. But there's a new president in the big house now, and Peugeot's position has gotten more dire, which has led the carmaker to reportedly raise its retrenchment level to 8,000-10,000.

Peugeot stock rose almost four percent on the announcement. But that only demonstrates the power of words, because actually getting rid of those 10,000 workers will be far more difficult. French workers are, of course, unhappy about the news and have been demonstrating outside company headquarters (as shown above). An outside analyst said the plan only makes the situation at Peugeot appear worse, and wonders how the firm can get rid of twice the number of jobs it couldn't shed when there was a more conservative government in power.


That conservative government gave both Peugeot-Citroën and Renault billions of euros in loans to weather the financial crisis, the bargain being that neither automaker would close French factories. The tribulations of both firms continue, and they haven't 'paid back' their debts; meanwhile, the government voted in with new president François Gérard Georges Nicolas Hollande is staunchly socialist, and there's almost no way the new president will quietly let 10,000 workers be added to the unemployment rolls after he campaigned on a platform of saving jobs.

As with the continually fluctuating headlines and fortunes of Greece, Spain and Italy, everyone knows the problems but no one seems to know where things will actually end up. The truths of economic possibilities, prudent fiscal policy, the profit motive and political maneuvering are swirling into an end-game that no one wants to face with their eyes open. During the holding game, Peugeot's factory overcapacity is closing in on 25 percent, its sales are falling and its debts are climbing. The tieup with General Motors will help a bit, but there are pressing near-term issue, and as with the situation in Europe overall, this is a long way from being over.

You're reading: Auto News - Peugeot stock jumps on word it could shed 10,000 jobs. Share the article: Auto News - Peugeot stock jumps on word it could shed 10,000 jobs by clicking the share button below
Read More >>

Auto News - Ford Shelby GT500 and Chevy Camaro ZL1 compared by Chris Harris

Auto News - Ford Shelby GT500 and Chevy Camaro ZL1 compared by Chris Harris. International man of mystery Chris Harris recently abandoned his duties in the UK for a trip to the States. Why? Because of two very important pieces of machinery: the 2013 Chevrolet Camaro ZL1 and the 2013 Ford Shelby GT500. Harris took charge of both cars in Manhattan to evaluate their on-road manners before heading to the track for a little showdown. What did he find? On the street, the Camaro is actually easier to live with than its Ford rival thanks to a more comfortable seating position, friendly clutch and easy torque curve.

And on the track? The ZL1 took top honors there, as well, beating the GT500 around Monticello by a full two seconds even though it has less power. Despite all this, Harris says if he had to choose one to be his very own, it would be a set of Ford keys in his pocket. The hoon of hoons says that in this world, bad is good, and the Mustang is properly scary, where the Camaro is simply too drivable. Check out the video below to see for yourself.




You're reading: Auto News - Ford Shelby GT500 and Chevy Camaro ZL1 compared by Chris Harris. Share the article: Auto News - Ford Shelby GT500 and Chevy Camaro ZL1 compared by Chris Harris by clicking the share button below
Read More >>

7/04/2012

Auto News - Fiat surprises journalists with 500X sneak peek

Auto News - Fiat surprises journalists with 500X sneak peek. Fiat is aiming its 500 lineup straight at Mini with the 500L and now this Countryman rival, the 500X.

To us, the vehicle shown here (reportedly shown as a teaser to a pool of assembled journalists) looks to have opaque windows which could indicate that it's a non-rolling prototype, possibly without an interior.


CarsUK guesses it's based on the 500L, suggesting the same 1.4-liter gasoline and 1.3-liter diesel engines will be available. It also makes sense to expect a better look and more details on the 500X that will presumably be released at the Paris Motor Show this September. The vehicle looks somewhat similar to the already-shown 500L, but its raised ride height, trim-free doors, rounded wheel arches and matte lower trim improve the look greatly in our opinion. The best part? It doesn't have the 500L's awkward wraparound windshield or its ungainly greenhouse and stepped roof. The faster rear windscreen angle and different lighting looks much cleaner, too.

Without citing a source, Indian Cars Bikes maintains the 500X is just over 13 feet long and will be available with all-wheel drive with production starting in late 2013.

Check the video below and watch for details coming ahead of Paris in September.



You're reading: Auto News - Fiat surprises journalists with 500X sneak peek. Share the article: Auto News - Fiat surprises journalists with 500X sneak peek by clicking the share button below
Read More >>

Video - Watch this well-told simple story of a BMW 3 Series owner

Here is a Video - Watch this well-told simple story of a BMW 3 Series owner. It's the stories that make cars great. Without stories, memories, or unrequited longing, any particular car or truck would just be a bunch of steel and plastic riding on some tires. The BMW E30 is a car that probably inspired an order of magnitude more stories than it ever spurred buyers. That's not because the quintessential 1980s 3 Series was uninspiring, rather the opposite. For every person able to cough up the money for a 325, there were dozens with pockets too empty to take ownership of this aspirational European standard-setter.

David Duran was one such aspirational kid in 1987 when his BMW 325 was built, not even yet old enough to drive. He bided his time, though, and in 1992, at the tender age of 18, he managed to purchase this '87 325i, which he's held onto for the last 20 years. Cars I See has given David's story the full-on video storytelling treatment. It may be one guy talking about his car, but it's compelling viewing for gearheads all the same.




You're watching: Video - Watch this well-told simple story of a BMW 3 Series owner. Share Video - Watch this well-told simple story of a BMW 3 Series owner by clicking the share button below
Read More >>

Video - Infiniti FX Sebastian Vettel Version sounds insane

Here is a Video - Infiniti FX Sebastian Vettel Version sounds insane. Two gents at this past weekend's Goodwood Festival of Speed in the UK got the chance to sit in the Infiniti FX Sebastian Vettel Version, and not only did they start it up, but they recorded its sound. The 414-horsepower crossover surprises not only with its sky-high asking price of €120,000 (circa $155k USD), but also with a remarkably exciting soundtrack. Pushing the button adjacent to the ashtray triggers a Mr. Hyde routine on the exhaust note, turning the rich baritone burble from intimidation to deepest fear.


Only 200 of the pearl white special edition FXs will be made, and with most of them likely headed for the Middle East, things are about to get even louder in the desert.



You're watching: Video - Infiniti FX Sebastian Vettel Version sounds insane. Share Video - Infiniti FX Sebastian Vettel Version sounds insane by clicking the share button below
Read More >>

Auto News - Mercedes-Benz CLS63 AMG Shooting Brake leaks out


Auto News - Mercedes-Benz CLS63 AMG Shooting Brake leaks out. Someone is in a lot of trouble over at Mercedes-Benz. The automaker accidentally put up a few images and details about the upcoming CLS63 AMG Shooting Brake on its German consumer site, and our friends at Car and Driver gleaned what they could before all the information disappeared again.

Word has it the longroof will make use of the same twin-turbocharged 5.5-liter V8 found behind the headlights of the four-door variant. That means buyers will get to enjoy 518 horsepower and 516 pound-feet of torque. Should those numbers be to skinny, Mercedes-Benz will also offer a performance pack that nudges the figures toward 550 hp and 590 lb-ft of torque. A seven-speed Speedshift automatic transmission will handle gear swapping duties, though the traditional torque converter has been scrapped in favor of a computer-controlled clutch.


As magical as all that sounds, there's still little chance we'll see the machine on our shores. Mercedes-Benz has made it clear the standard CLS Shooting Brake is not meant for U.S. buyers, so it follows the CLS63 AMG will remain similarly forbidden. What a shame. You can check out the full details over at the manufacturer's site, at least until they pull the page.

You're reading: Auto News - Mercedes-Benz CLS63 AMG Shooting Brake leaks out. Share the article: Auto News - Mercedes-Benz CLS63 AMG Shooting Brake leaks out by clicking the share button below
Read More >>

Auto News - Kia prices range-topping 2013 Optima SX Limited from $35,275*


Auto News - Kia prices range-topping 2013 Optima SX Limited from $35,275*. Kia is shortly expected to launch a new rear-wheel drive flagship sedan, but for now, the model seen here is the Korean automaker's new range topper. First introduced at the 2012 Chicago Auto Show in February, Kia has just announced that its 2013 Optima SX Limited will wear a $35,275 MSRP (*including delivery) price tag.

Carspotters will note the SX Limited's more aggressive front and rear bumper treatments (shared with the SX), as well as a chrome-highlighted decklid spoiler and 18-inch chrome alloys shrouding red-painted brake calipers. Power folding side mirrors mittened in chrome (not shown above) will also add to the brightwork count.

Performance-wise, there's little to differentiate this top-shelf Optima from lesser turbocharged models (the SXL is powered exclusively by Kia's 2.0-liter turbo four giving 274 horsepower and 269 pound-feet of torque).

Inside, the daddy of all Optimas is loaded to its unique black tricot headliner with equipment, packing everything from heated front and rear Nappa leather seats (the fronts are cooled as well) to wood trim. Navigation, a backup camera and an Infinity audio system with Sirius are also standard fit. Oddly, the SXL is the only 2013 Optima to get an electronic parking brake.

The new model should be hitting showroom floors as you read this, and Kia has already fired up its configurator, too. For further details, scroll down.









PRESS RELEASE

KIA MOTORS' RANGE-TOPPING OPTIMA SX LIMITED ARRIVES IN DEALERSHIPS


Fastest-Growing Automotive Brand in the U.S.1 Moves Upscale by Adding Premium Features and Materials to Critically Acclaimed Midsize Sedan

2013 Optima Limited builds on the foundation of Kia's award-winning, turbocharged Optima SX with enhanced appearance, technology, convenience and performance features

The top-tier Limited strengthens Optima's value proposition as the full Optima line provides exceptional residual values

IRVINE, Calif., July 2, 2012 - The 2013 Kia Optima SX Limited (SXL), which is the new top-tier trim level of the ultra-popular midsize Optima sedan line, is now arriving in dealerships with an MSRP under $35,000. First introduced at the 2012 Chicago Auto Show, the upscale Optima Limited went into production at Kia's U.S. manufacturing plant in West Point, Georgia* in early-June and builds on the Optima SX's existing foundation of class-leading horsepower and fuel efficiency while adding a number of exclusive design and feature upgrades, including: 18-inch chrome wheels, red brake calipers, LED lighting and exterior brightwork. Within, the SXL boasts high-grade Nappa leather seating trim, rich wood grain accents and an electronic parking brake, which is exclusive to this trim level.


Top-of the-line Kia Optima SX Limited is now available with a host of premium features and materials

"With the arrival of the Optima SXL, the Kia brand propels itself into a more premium class, which is something consumers have told us they want to see when they walk into our showrooms," said Tom Loveless, executive vice president of sales, KMA. "This Optima shows buyers that value and upscale character need not be mutually exclusive. For this reason, the SXL stands apart from traditional competitors in the midsize segment."

The SXL trim arrives on the heels of the Optima's record-breaking sales success and exceptional residual value from Automotive Leasing Guide (ALG), the industry benchmark for residual values and a leading provider of data and consulting services to the automotive industry. Contrary to conventional industry residual value trends, the Optima's residual values improved for MY12 and again for MY13 following its launch as a 2011 model. Specifically, the Optima SX trim's notable rating of 57-percent of original manufacturer's suggested retail price (MSRP) for 24 months of ownership is a full 10 points higher than the previous year.

The Optima SXL is based on the fully loaded turbocharged Optima SX, which Edmunds' Inside Line hailed as an "Editors' Most Wanted℠" mid-sized sedan. Including destination and handling, the manufacturer's suggested retail price for the Optima SXL is $35,275. Offered exclusively in Ebony Black, Snow White Pearl and Titanium Metallic exterior colors, the Optima SXL features many luxury details, including LED daytime running lights, chrome-accented rear spoiler and lower door sills, and wood interior trim. Standout red brake calipers can be seen through the Optima SXL's uniquely designed chrome 18-inch wheels while the 2.0-liter turbo GDI engine delivers class-leading 274 horsepower5 and achieves 22/34 mpg (city/hwy).

Inside the cabin, high-grade black or white Nappa leather adorns the seats, door panels, center console armrest and center fascia trim for a premium feel. Wood accents can be found on the steering wheel, interior door trim and shift knob, and a black tricot fabric lends a premium feel to the headliner, sun visor, and A, B and C pillars. The Optima SXL also boasts an electronic parking brake, which is offered exclusively on this uplevel trim. A first-aid kit and cloth door weather strip round out the SXL package.


Top-of the-line Kia Optima SX Limited is now available with a host of premium features and materials

Like every Optima, the SXL projects a refined, performance-oriented aesthetic with a sleek silhouette, aggressive stance and sculpted elements that embodies the styling language chief design officer Peter Schreyer has created for the brand. Every 2013 Optima comes well equipped with a generous roster of standard features, and the Optima SXL builds on the technology, performance and convenience features found on the Optima SX, including: unique front and rear lower bumper design, sport-tuned suspension, HID headlamps, Supervision™ meter cluster with LCD display, steering wheel paddle shifters, metal pedals, illuminated door scuff plates, panoramic sunroof, eight-way power adjustable driver's seat with memory, four-way power front passenger's seat, heated/cooled front seats, heated rear seats, navigation system with back-up camera and SiriusXM Traffic™ and Infinity® audio system and speakers.

Kia's Unprecedented Growth
Kia Motors is one of the world's fastest moving global automotive brands; from 2009-2011 Kia launched more new vehicles in the U.S. than any other automaker, and under the guidance of chief design officer Peter Schreyer earned a reputation as an industry leader in automotive styling. Kia Motors America's full line of fuel-efficient and fun-to-drive cars and CUVs has earned critical acclaim and dramatically increased consumer awareness, perception and consideration for the brand. In 2011, KMA recorded its 17th consecutive year of market share growth, thanks in part to the largest increase of any major brand in perceived quality9 and the industry's highest brand loyalty ranking10. Kia's U.S.-based manufacturing facility in West Point, Georgia – KMMG – is responsible for the creation of more than 10,000 plant and supplier jobs and builds two of the company's best-selling vehicles in the U.S. – the Sorento CUV and Optima midsize sedan. Kia's value and technology-laden lineup also includes the Sportage compact CUV, Soul urban passenger vehicle, Optima Hybrid, Forte compact sedan, Forte 5-door compact hatchback, Forte Koup two-door coupe, Rio and Rio 5-door sub-compacts and Sedona minivan.

About Kia Motors America
Kia Motors America is the marketing and distribution arm of Kia Motors Corporation based in Seoul, South Korea. KMA offers a complete line of vehicles through more than 755 dealers throughout the United States and serves as the "Official Automotive Partner" of the NBA and LPGA. In 2011, KMA recorded its best-ever annual sales total and became one of the fastest growing car companies in the U.S. Kia is poised to continue its momentum and will continue to build the brand through design innovation, quality, value, advanced safety features and new technologies.

Information about Kia Motors America and its full vehicle line-up is available at its website – www.kia.com. For media information, including photography, visit www.kiamedia.com.

* The Sorento and Optima GDI (EX Trims and certain LX Trims only) and GDI Turbo are built in the United States from U.S. and globally sourced parts.
1 Based on 5-year cumulative growth between 12-month retail sales for periods ending April 2007 and April 2012 of all U.S. automotive brands.
2 MSRP excludes $775 destination and handling fee, title, taxes, license, options and dealer charges. Actual prices set by dealer and may vary.
3 Class-leading horsepower claim based on comparison of midsize sedans with (standard or available) engines as of January 2012.
4 Class-leading fuel economy claim for highway based on comparison of 2012 midsize sedans as of May 2012. EPA fuel economy estimates 22 mpg/city and 34 mpg/hwy for 2012 Optima SX. Actual mileage will vary.
5 Class-leading horsepower claim based on comparison of midsize sedans with (standard or available) engines as of May 2012
6 EPA fuel economy estimates 22 mpg/city and 34 mpg/hwy for 2012 Optima SX. Actual mileage will vary.
7 Sirius services require subscriptions, sold separately after 3-month trial included with vehicle purchase/lease. Subscriptions governed by SiriusXM Customer Agreement at siriusxm.com© 2011 SiriusXM Radio Inc. Sirius, XM and all related marks and logos are trademarks of SiriusXM Radio Inc.
8 Infinity® is a registered trademark of Harman International Industries, Incorporated.
9 Source: Automotive Lease Guide Spring 2011 Perceived Quality Study.
10 Source: Experian Automotive Q2 2011 market analysis.


You're reading: Auto News - Kia prices range-topping 2013 Optima SX Limited from $35,275*. Share the article: Auto News - Kia prices range-topping 2013 Optima SX Limited from $35,275* by clicking the share button below
Read More >>

Auto News - Jeep Wrangler Freedom Edition arrives in time for 4th of July

Auto News - Jeep Wrangler Freedom Edition arrives in time for 4th of July. The iconic Jeep Wrangler's earliest ancestors were military vehicles that proved their offroad capabilities by shuttling our armed forces through some of the world's most difficult terrain.

Now, 70 years later, that bare-bones, utilitarian vehicle is all grown up and (somewhat) civilized, but no less American. To show off its patriotism, Jeep has just announced a new Freedom package on its 2012 Wrangler and Wrangler Unlimited models.

Spotting the new trim packages on the street should be super easy. First, they're only available in three colors: Deep Cherry Red, Bright White and, exclusive to Freedom models, True Blue.

Each Freedom Edition Wrangler receives a military-style star on the hood and rear quarter panels as well as "Oscar Mike" fender badges and "Oscar Mike" stitched in silver on the seats' black, tectonic fabric. "Oscar Mike" is military slang for "On the Move." Silver stitching accents the leather steering wheel, door fabric, seats, grab handle, door pulls and dash vent rings.

Outside are 17-inch Mineral Gray alloys with grille and bumper inserts in matching gray.

Part of the Wrangler Freedom Edition's $28,165 purchase price and the Wrangler Unlimited Freedom's $30,670 goes to charities to benefit America's veterans.

"It is with both pride in our history and gratitude to all those who have served that we have chosen to donate $250 from each Jeep Wrangler Freedom Edition to be divided between these important charitable organizations that benefit current and returning military members," says Mike Manley, President and CEO of the Jeep brand.

The first Jeep Wrangler Freedom Edition models are rolling into dealers as you read this. Check out the official press release with more info by scrolling down.












PRESS RELEASE

New 2012 Jeep® Wrangler Freedom Edition Debuts as Tribute to U.S. Military Members

New Wrangler Freedom edition harkens back to Jeep brand's military roots

Red, White and Blue Wrangler Freedom edition now available in Jeep showrooms

All 2012 Jeep Wrangler models powered by 3.6-liter V-6 engine producing 285 horsepower, with fuel economy up to 21 mpg

$250 from each Wrangler Freedom edition sold to be donated to military charities
Chrysler Group LLC offers a $500 cash allowance to eligible consumers through its 'Military Bonus Consumer Cash' program

Jeep Wrangler sales up 34 percent in 2012 with all-time record in May

June 29, 2012 , Auburn Hills, Mich. - More than 70 years ago, the U.S. government informed automakers that it was looking for a "light reconnaissance vehicle" for military use. Willys-Overland quickly created the Willys Quad – which became the Willys MA and MB – but the Army, and the world, came to know the vehicle that would help win a world war as the Jeep®.

As a tribute to U.S. military members past and present, the Jeep brand has created the new 2012 Jeep Wrangler Freedom edition. Available in red, white or blue, the new Jeep Wrangler Freedom edition features a military-inspired star decal on the hood and rear quarter panels, along with an "Oscar Mike" (military jargon for "on the move") fender badge.

Jeep will donate $250 from each Wrangler Freedom Edition it sells to charities that benefit U.S. military members. Specifically, funds will be split between the Fisher House Foundation and the I Support Foundation. Fisher House Foundation provides a "home away from home" for military families to be close to a loved one during hospitalization for an illness, disease or injury, while the I Support Foundation provides resources to troops returning home – such as jobs and various healthcare needs – and issues grants to 40 charities that provide valuable services to U.S. veterans.

"The Jeep brand has a long, renowned history that began with its significant presence and success within the U.S. military," said Mike Manley, President and CEO – Jeep Brand, Chrysler Group LLC. "Jeep – and particularly the Wrangler – is the icon for capability and durability, and is a true symbol of American freedom. The new Jeep Wrangler Freedom Edition is created in honor of Jeep's one-of-a-kind history, and as a tribute to all of the brave men and women who have and continue to serve in the U.S. military.

"It is with both pride in our history and gratitude to all those who have served that we have chosen to donate $250 from each Jeep Wrangler Freedom Edition to be divided between these important charitable organizations that benefit current and returning military members," Manley added.

Chrysler Group LLC also offers a $500 cash allowance to military members that may be applied toward the retail purchase or lease of an eligible Chrysler, Jeep, Dodge, Ram Truck or FIAT vehicle. Eligible consumers include active military, active military reserve, retired military (honorable discharge and 20 years of service required), and retired military reserve (honorable discharge and 20 years of service required).

The new 2012 Wrangler Freedom edition is now available in Jeep showrooms.

2012 Jeep Wrangler Freedom Edition

The new limited-edition 2012 Jeep Wrangler Freedom model is based on the best-selling Sport model, and is available as a two-door Wrangler or four-door Wrangler Unlimited model. It is offered in three colors only: Deep Cherry Red, Bright White, and new True Blue that for 2012 is exclusive to the Wrangler Freedom edition model.

Jeep Wrangler Freedom edition exterior features include unique Mineral Gray-painted 17-inch alloy wheels borrowed from the Wrangler Rubicon, Mineral Gray-painted grille and front and rear bumper inserts, body-color wheel arches and side steps, prominent "Oscar Mike" star-in-circle fender badges and decals on the hood and rear quarter panels, black sidesteps with matching black tail lamp guards and a Mopar fuel fill door, and a Sunrider soft top with deep-tint rear windows.

Interior treatments on the new 2012 Jeep Wrangler Freedom edition include black seats with rugged tectonic fabric, an "Oscar Mike" logo embroidered on the seat backs in silver stitching, French Silver accent stitching on the steering wheel, doors, seats and front arm rest, and "Quick Silver" accents on the front passenger grab handle, door pulls and dash vent rings. Finishing touches include Satin Chrome spokes on the leather-wrapped steering wheel and Mopar Slush Mats.

Other standard features include power windows and locks, remote keyless entry, a leather-wrapped steering wheel with audio controls, and UConnect® voice command and connectivity group.

The 2012 Jeep Wrangler Freedom edition will be available at a Manufacturer's Suggested Retail price of $28,165 for Wrangler two-door models and $30,670 for Wrangler Unlimited four-door models.

2012 Jeep Wrangler and Wrangler Unlimited

Jeep Wrangler – the most capable and recognized vehicle in the world – is even more capable both on- and off-road for 2012, courtesy of an all-new, more fuel efficient and more powerful 3.6-liter V-6 engine, and a new automatic transmission – both of which it shares with the award-winning Jeep Grand Cherokee.

Chrysler Group's 3.6-liter Pentastar V-6 engine – winner of the prestigious Ward's 10 Best Engines award – delivers 285 horsepower and 260 lb.-ft. of torque, while delivering up to 21 miles per gallon highway in the 2012 Jeep Wrangler. The improvement, when compared to the previous 3.8-liter V-6 engine, is 40 percent in horsepower and 10 percent in torque.

2012 Jeep Wrangler interior highlights include a recently redesigned instrument panel and storage areas with improved ergonomics and upgraded materials. A lockable console and upgraded door armrest areas boast comfortable touch points, while a redesigned center stack is easier to reach and operate. Heated, power mirrors are available, and drivers and passengers enjoy enhanced visibility courtesy of large rear windows.

Jeep Brand

Built on more than 70 years of legendary heritage, Jeep is the authentic SUV with class-leading capability, craftsmanship and versatility for people who seek extraordinary journeys. The Jeep brand delivers an open invitation to live life to the fullest by offering a full line of vehicles that continue to provide owners with a sense of security to handle any journey with confidence.

The Jeep vehicle lineup consists of the Compass, Grand Cherokee, Liberty, Patriot, Wrangler and Wrangler Unlimited. To meet consumer demand around the world, all six Jeep models are sold outside North America – and all are available in right-hand drive versions and with gasoline and diesel powertrain options. Chrysler Group LLC sells and services vehicles in approximately 120 countries around the world.

About Fisher House

Fisher House Foundation is best known for the network of comfort homes built on the grounds of major military and VA medical centers. The Fisher Houses are 5,000 to 16,800 square-foot homes, donated to the military and Department of Veterans Affairs, where families can stay while a loved one is receiving treatment. Additionally, the Foundation ensures that families of service men and women wounded in Iraq or Afghanistan are not burdened with unnecessary expense during a time of crisis.

Located in close proximity to the medical center or hospital it serves, each Fisher House consists of between eight and 21 suites, with private bedrooms and baths. Families share a common kitchen, laundry facilities, spacious dining room and an inviting living room with a library and toys for children. Fisher House Foundation ensures that there is no fee to stay in a Fisher House. Since inception, the program has saved military and veteran families an estimated $165 million in out-of-pocket costs for lodging and transportation.

Fisher House Foundation operates the Hero Miles Program, using donated frequent flyer miles to bring family members to the bedside of injured service members. To date, Hero Miles has provided over 24,000 airline tickets to our military and their families. The Foundation also manages a grant program that supports other military charities and scholarship funds for military children, spouses and children of fallen and disabled veterans.

About I Support Foundation

The mission of I Support Foundation (ISF) is to increase awareness and support for U.S. veterans who fight and/or sacrifice personal well-being to defend the freedoms that we enjoy daily as US citizens. With an aggressive and patriotic approach, ISF has launched its I Support Wristband & Flag Magnet campaign and Corporate Support Initiative as a fundraising source; with 95 percent of all proceeds going to worthy, viable, and dedicated charities which provide life-impacting support services for our men and women of the military.

In addition, ISF is working with Paramount HC Media to offer more than 4,000 job placement opportunities for returning veterans, as well as providing extensive healthcare needs beyond the capabilities of the Veterans Administration.


You're reading: Auto News - Jeep Wrangler Freedom Edition arrives in time for 4th of July. Share the article: Auto News - Jeep Wrangler Freedom Edition arrives in time for 4th of July by clicking the share button below


Read More >>