Posts Tagged ‘automatic’

The 2011 Sonata: The New Standard for Midsize Sedans
Sonata Injects Emotion, Advanced Powertrains and Superior Quality into Bland Segment

Wednesday, December 2nd, 2009
YF Hyundai Sonata
© Hyundai Motor

Los Angeles — Hyundai today introduced its all-new 2011 Sonata at the Los Angeles Auto Show. This marks the North American debut of the latest version of the popular midsize sedan, introducing Hyundai's “Fluidic Sculpture” design language and an all four-cylinder engine lineup to the U.S. market.

Sonata is the second vehicle in Hyundai's 24/7 version 2.0 product initiative (seven new models in the next 24 months) following on the heels of the all-new Tucson. Production of Sonata will begin later this month at Hyundai's U.S. plant in Alabama with retail sales beginning in January. (more…)

Ricardo Wins Major Russian Transmission Contract

Tuesday, November 17th, 2009

KATE logoIt was announced today that Ricardo has been awarded a major contract by Moscow based KATE LLC to partner it in the development of a new 7-speed automatic transmission for use in AvtoVAZ cars.

KATE LLC is an independent company with a background in the development of automatic transmission concepts for special applications. The company has been successful in being selected by AvtoVAZ — Russia's largest automaker — to develop the new FT702 automatic transmission for use in Lada cars. This will be the first automatic transmission to be offered by AvtoVAZ (more…)

Antonov Signs Joint Venture Agreement with Landai

Wednesday, June 10th, 2009

The Company is pleased to announce the successful conclusion of negotiations to secure a partner for its manufacturing joint venture (“JV”) in China with the signing of an agreement to form a Joint Venture with Chong Qing Landai Industries Co., Ltd. (“Landai”).

Under the terms of the agreement the JV will develop Antonov's 6-speed automatic transmission (“TX-6”) for start of production, planned to begin during the course of 2011. The TX-6 will be manufactured in the JV's facilities, which will provide capacity for a minimum 200,000 transmissions per year. The manufacturing plant will be established at Landai's new site in Chong Qing, reducing the level of investment originally anticipated. Consequently, additional funding will be available to focus on accelerating the development program to achieve production at the earliest possible date. (more…)

BMW Even More Superior, Dynamic and Efficient — Hybrid Technology BMW Style: The BMW Concept 7 Series ActiveHybrid

Tuesday, September 23rd, 2008
The BMW Concept 7 Series ActiveHybrid
© BMW AG

Maximum efficiency in the luxury class, supreme dynamics in the hybrid segment — precisely these are the unique standards offered and combined with one another by the BMW Concept 7 Series ActiveHybrid.

Introducing this Concept Car based on the new BMW 7 Series, BMW is clearly demonstrating the potential offered by the most advanced hybrid technology available today. The BMW Concept 7 Series ActiveHybrid comes with hybrid components tailored precisely to the character of this unique saloon, offering driving comfort, everyday motoring qualities and driving safety of the supreme standard only the BMW 7 Series is able to provide. (more…)

MMC and Harbin China Powertrain JV Sign AT Licensing Agreement

Thursday, June 26th, 2008

Tokyo — Mitsubishi Motors Corporation today signed a technology licensing agreement with its powertrain JV enterprise in China Harbin Dongan Automotive Engine Manufacturing Co., Ltd. (DAE) covering production of 4- and 5-speed automatic transmissions.

DAE began construction work on a new factory in March this year with a view to commence production in April 2010. Plans call for the new facility to have an annual production capacity of 150,000 units and to produce 50,000 units in its first year of operation. Production capacity will be raised to meet future increases in demand.

MMC made a 15.3 percent equity investment in DAE on its establishment in 1998 and has to date provided engineering and technical assistance covering the production of engines (more…)