Word: powertrain
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...efficient models, which have long been Fiat's bread and butter. "A Chrysler-Fiat partnership is a great fit," said Chrysler chairman Bob Nardelli in the joint communiqué. "It creates the potential for a powerful new global competitor." Nardelli pointed to Fiat's "competitive, fuel-efficient vehicle platforms, powertrain and components" as well as its distribution outside North America, including sales networks in Asia and Latin America...
...show. While big SUVs and pickups dominated a few years ago, this time around it is more a showcase for environmentally friendly technologies. Not to be outdone by GM, Ford revealed a funky concept vehicle called Airstream, featuring glow-in-the-dark windows, a lava lamp and an electric powertrain combined with a hydrogen fuel cell. BMW touted its hydrogen technology with a 7-series concept vehicle and promoted its "clean diesel" technology, which it plans to deploy in a model bound for the U.S. in 2008. Just about everyone promised more cars that can run on E85 ethanol/gasoline blend...
...these things are minor annoyances, though, compared to the car's Achilles' heel: its powertrain. It's widely known that GM had to work wonders to keep the Solstice under $20,000, cobbling together parts and components from various vehicle lines. The naturally aspirated four-cylinder engine delivers 177-horsepower and 166 lb. ft of torque. According to Road & Track, it propels the Solstice from zero-to-60 in 7.2 seconds. But the engine feels inadequate at highway speeds. Flooring the throttle at 60 m.p.h. in 5th gear produced not a roar but a gentle puff of speed-embarrassing...
...year loan. So far, the firm has received roughly two-thirds of that money, with the final installment due next May. On top of that, BMW and Rover recently settled an accounting dispute by having the Germans hand over another $92 million, as well as ownership of the Powertrain engine plant at Longbridge. "Those payments are keeping them alive. After next year, they'll be on their own. And it's tough to survive as a mainstream car manufacturer when most of your cars are not new," says Jim Collins, an auto analyst at UBS Warburg, noting that Rover...
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