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Daimler, Geely mull China as production hub for hybrid powertrains

FRANKFURT — Daimler and Geely on Friday said China could emerge as a manufacturing and export hub for hybrid powertrains jointly developed for Volvo and Mercedes-Benz cars. Earlier this week, Daimler said it would cooperate with China's Geely to build next-generation combustion engines for use in hybrid vehicles. The engines will be produced in China as well as in Europe, and Geely and Daimler will cooperate in engineering, sourcing and production, the companies said in a joint press release. "The export of the engine from China is considered to be an option," the release further said. Mercedes-Benz aims for more than half of its passenger car sales to be comprised of plug-in hybrids or purely electric vehicles by 2030. Geely is ChinaÂ’s most internationally known automaker. It owns Volvo Cars and Lotus, almost half of Proton and 9.7% of Daimler. Through wholly owned company Polestar, it builds low-volume Polestar 1 hybrid performance cars in the western city of Chengdu and Polestar 2 volume sedans in Taizhou in the east. "The companies plan to develop a highly efficient modular engine," a spokesman for Daimler said, adding that it would be used in hybrid drivetrains and manufactured in Europe and China. The modular engine will be used in cars under different marques at Geely and Daimler, a person familiar with the matter said on condition of anonymity as the companies are still in the early stages of developing the engine. An Conghui, President of Geely Holding Group, President and CEO of Geely Auto Group said: “This project reflects the need for economies of scale and targeted research and development investment in clean and highly efficient powertrains and hybrid drive systems and their applications." Geely also plans to build a plant with annual manufacturing capacity of 30,000 premium EVs in the western city of Chongqing, run by a wholly owned, newly registered company, according to documents on its website. Geely and Polestar declined to comment. The plan comes as foreign automakers including BMW AG and Tesla expand EV production in the worldÂ’s biggest market, sourcing major EV components such as batteries locally and often even exporting a portion of the vehicles it builds.   Auto News Earnings/Financials Green Plants/Manufacturing Mercedes-Benz Volvo Green Automakers Future Vehicles Hybrid

Mercedes-Benz GLA45 AMG spied in Sweden

We've spotted the all-new Mercedes-Benz GLA testing a couple times in recent months in getting closer to production form and shedding camouflage, but now it looks like we're see our first look at the AMG version of this compact crossover. The low ride height might trick some into thinking that we're just seeing the already-confirmed A45 AMG out testing, but the unique beltline, rear doors and side windows confirm this is some version of the GLA-Class.
What makes us so confident that this is the AMG model? Well, for starters, this prototype has beefier brakes with cross-drilled front and rear rotors and bigger front calipers, but it also sports dual exhaust outlets poking through the rear fascia and a suspension that has been lowered considerably. Our spy shooters said that this car's exhaust note made it almost certainly an AMG model.
Just to be clear, the GLA AMG will not be powered by a 4.5-liter engine. The closely related A45 AMG will carry the "45" in its name to celebrate the first 45 years of AMG, and our sources seem to indicate the AMG version of the GLA will do the same. We're expecting this sporty crossover to produce as much as 350 horsepower from its AMG-tuned four-cylinder engine, and like the all-new E63 AMG, it could very well come standard with 4Matic all-wheel drive.

'55 Mercedes Gullwing racer expected to sell for $6 million

RM Sotheby's has a Gullwing up for auction. Not just any Gullwing, but one of just four prepared by the factory for racing. And it's expected to fetch $6,000,000, (give or take a million) when it crosses the auction block next month in New York. Chassis number 5500640 is billed as "the rarest and most desirable W198 Gullwing ever presented for public auction," and it's not hard to see why. It was used for both racing and testing purposes, including an entry in the notoriously grueling Tour de France by none other than Sir Stirling Moss. He placed it second only to the Marquis de Portago in his Ferrari 250 GT TdF, often outperforming the Ferrari in stages of the event. It was in the possession of one owner since 1966, who stored it for 40 years before passing it on to his son in 2008, who in turn underwrote a comprehensive three-year restoration project and has now put it up for auction. Gullwings are invariably the most sought-after post-war production Mercedes when they come up for auction. The highest price one has ever garnered, according to the records at Sports Car Market, was $4.62 million paid in early 2012 at Gooding & Company's Scottsdale auction. This example, however, stands to far surpass that amount to set a new record. It's just one of several notable lots consigned for the Driven By Disruption event, set to take place on December 10 in New York. Alongside it, RM has the Lamborghini Concept S (valued at over $2.4 million), a 1962 Aston Martin DB4 GT Zagato (over $16m), and a 1956 Ferrari 290 MM driven by Juan Manuel Fangio ($28m). In short, it ought to be a significant sale, and we'll report the results once they're in.