Toyota, PSA and BMW Closest to Achieving EU’s New CO2 Targets

Toyota, PSA/Peugeot-Citroen and BMW are the carmakers closest to reaching their CO2 targets next year, according to a report by market research firm JATO Dynamics. The targets are imposed by the European Union, whose objective for 2015 is to enforce a fleet average CO2 level of 130 g/km for manufacturers selling cars in Europe.

In order to reach that objective, CO2 targets are lowered progressively each year. In 2009 the average was 145.9 g/km and in 2010 it went down to 140.9 g/km. Emissions regulations will be imposed starting next year, with significant fines to be enforced to automakers that will not comply with the new emissions limits.

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Former F1 Champion Kimi Raikkonen Moving to NASCAR Truck Series

Kimi Raikkonen surprised the motorsport world this week by announcing he will switch to NASCAR this year. The 2007 Formula 1 champion will start racing with a new team called ICE1 in the Truck series and will later move to the Nationwide and Sprint Cup series. Most likely, the team will be supported by Raikkonen himself, whose current WRC team is called ICE1 as well and is backed by the driver and sponsors from Finland.

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2011 Shanghai Auto Show Promises Several World Premieres

China’s auto shows are growing bigger and bigger by the year as the local market continues to expand in sales. The most significant car show is the Auto China, which is held alternatively in Beijing and Shanghai every other year. This year’s edition will take place in Shanghai.

More often than not, leading American, European, Japanese and Korean automakers present their newest offerings at well-established car shows like Geneva, Frankfurt, Paris and Detroit, but in the past few years, we’re seeing increased numbers of new models being unveiled in China.

This year show will be no exception, as many new cars are planned to be revealed in Shanghai (April 23-28), despite the fact that it overlaps the 2011 NY Auto Show (April 22 - May 1).

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VIDEO: Citroen C3 Ad Takes a Humorous Swipe at Poorly Equipped Cars

The clever minds over at the H-Paris agency are behind this new ad for Citroen’s Fiesta-rivaling C3 supermini called the ‘Bip Bip’. The witty commercial stars a young owner of an Innocenti Mini, which is a re-bodied version of the original Mini designed by Bertone. The spot shows the man trying to emulate the sounds of a modern day car’s electronic amenities. Not quite strong, but funny nevertheless. Hop over the jump to watch the extended-cut version of the commercial. Read more »

Internet Sales, the Next Big Thing for Renault's Dacia and PSA’s Rumored Simca Budget Brands

A low-cost company has to find low-cost ways not only to produce, but also to market and sell its products. This is why Renault devised a strategy to sell Dacia models online, through an Internet sales program that will be implemented in Europe.

“Internet sales will quickly become a reality. Many of our customers know what they want before they step into our showrooms, so an online sales channel makes sense,” said Gerard Detourbet, head of Renault's low-cost program.

But that isn't the only reason. Renault will be soon facing the threat of a low-cost rival coming from the French group PSA Peugeot-Citroen. Rumored to receive the abandoned Simca name, the new make could sell its vehicles exclusively through the Internet, as sales chief Jean-Marc Gales hinted at the Geneva Motor Show.

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