AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
Presidential candidate Mitt Romney isn’t the only one that’s skeptical about electric vehicles and their development. At an industry panel in New York, executives expressed their criticisms of the electric vehicle market as automakers have quietly shelved strong pushes towards developing EVs.
It’s official, having a twin turbo Ferrari Enzo that can hit 238-mph is no longer a big deal. In fact, that’s just a snails pace compared to this 288 GTO that went 275.4-mph (averaged over two runs) out at the Bonneville Salt Flats this year. This makes it the World’s Fastest Ferrari and the World’s Fastest Sports Car. It was about 3-mph faster than the previous record holder. But there’s a catch – this 1988 288 GTO isn’t all genuine Ferrari.
Owner Steve Trafton teamed up with P4 by Norwood, a renowned Ferrari tuning shop, to swap out the stock GTO heart for a GM V8 540 ci big block motor. Take the giant V8, toss on a pair of Borg Warner 80mm turbochargers with 17 psi of boost and that nets you 275.4-mph passes. We’re guessing the power plant puts out close to 1,000-whp if not more.
So while the body and chassis is all Italian Ferrari, the power to set the record belongs to American GM. We’d probably pin an * next to World’s Fastest Ferrari, but still an awesome project nonetheless.
Check out the video after the break.
Suppliers tout necessity of diesel engines at Clean Transportation conference, while Ford CEO comes to the defense of electric, hybrid cars
The CEO of auto parts supplier Bosch today told a crowd at the National Summit for Clean Transportation that U.S. automakers must adopt diesel technology in order to meet the strict new CAFE standards the Obama Administration has laid out. The new legislation will see fleet averages for passenger cars rise to 35.5 mpg for 2016, up significantly from 27.3 mpg for 2011.
The words of Bosch CEO Peter Marks were echoed by Borg Warner CEO Tim Manganello, who noted that diesel engines get 30 percent better fuel economy over gasoline engines, with 50 percent more torque, while emitting 25 percent fewer emissions.
Marks then called on General Motors, Chrysler and Ford to act now to bring diesels to the U.S.
Both men, whose companies make parts for fuel-efficient cars like the Volkswagen TDI (pictured above), also expressed their lack of optimism in both the electric car and hybrids, noting that there are still several roadblocks in getting the electric car to the mass market and that hybrids don’t often deliver the fuel-economy they are touted to.
Manganello said that, “hybrids are not as attractive as the PR hype,” noting that 72 percent of hybrid owners choose not to purchase a second one.
Of the Big Three, Ford Chairman Bill Ford was in attendance and came to the defense of both hybrids and electric vehicles, noting the critical acclaim that the 2010 Fusion Hybrid has achieved – not to mention its fuel-economy. And to rebuff the suppliers skepticism about bringing electric vehicles to market, Bill Ford stated that the Ford Motor Company has a pure electric vehicle coming out this year and an electric Focus the year afterward.
Using the opportunity to promote Ford’s EcoBoost engine, a turbocharged V6 that gets V6 fuel economy and V8 power, Bill Ford did say that FoMoCo was ready with diesels if the North American market was open to them.
Ford is the second largest producer of diesel engines in Europe, he told the audience, before stating that if there was demand FoMoCo could easily bring them over for use in U.S. vehicles.