Lexus is working on a very hot version of the GS luxury saloon

In these very last days of 2009, some Japanese magazines are spreading the rumor that Lexus is working on a very hot version of the GS luxury saloon, allegedly called GS-F, which will get the firm’s V10 engine used in the LF-A supercar, to rival BMW M5. Now apparently Lexus has responded to this by tweeting! They say that the V10 is bespoke to the LF-A and won’t be used in any other car. They didn’t comment on the existence of GS-F though.

So as it’s usually the case, there must be a GS-F in the works but it certainly won’t be getting the V10. This makes more sense actually, because as we’ve reported earlier, BMW will replace theV10 engine of the M5 with a twin-turbo V8 in the upcoming model. Mercedes too has plans to drop the big and thirsty V8s in favor of more efficient turbo engines, so even if Lexus is to rival the M5 or E63, they would come up with something in the same league.

And as a side note, the GS’s face is too dull for a weapons-grade V10 such as LF-A’s 4.8 liter! It looks good as a hybrid, but as a performance saloon?! The M5 will eat it for breakfast!

Renault SA is developing electric-vehicle lithium-ion batteries

French auto maker Renault SA is developing electric-vehicle lithium-ion batteries with two new suppliers, despite its heavy reliance on the Nissan Motor Co. Ltd.-NEC Tokin Corp. joint venture, Automotive Energy Supply Corp.

Renault-Nissan CEO Carlos Ghosn earlier this year declared owning battery technology is a core requirement for any auto maker.

"We are ready to sell the battery to whoever is interested," he said in October, referring to the batteries from the AESC. "We are making it a core business, because we think the battery is going to be an essential piece of technology for our century.”

Last month, AESC announced it was raising production capacity from 65,000 to 100,000 units annually in Japan.

The Renault-Nissan Alliance is building a 100,000-unit battery factory in France with support from the French atomic energy commission and the French Strategic Investment Fund.

In South Korea, Renault Samsung Motors Inc. is working with SK Energy Co. Ltd. and SB LiMotive Co. Ltd to develop Li-ion batteries.

At a press event to introduce the new SM5 sedan, Renault Samsung CEO Jean-Marie Hurtiger tells journalists Renault plans to build EVs in South Korea and is working on projects with the two local battery makers.

SK Energy is a petrochemical and energy company that began making Li-ion batteries for mobile devices in 2005. SB LiMotive is a 2008 JV between Robert Bosch Stiftung GmbH and Samsung SDI Co. Ltd. that recently announced its first contract with BMW AG.

Zoe 3-door hatchback concept one of four EVs Renault plans to build.

"We plan to produce Renault Group's electric vehicles in Korea,” Hurtiger says. “And once the government's plans are finalized, we will take our position as to when electric vehicles will be mass-produced in Korea."

The SM5 was unveiled at the Renault Samsung technical center in Giheung, where SB LiMotive also has its headquarters. Hurtiger says he expects South Korea to be a major supplier of EV batteries, thanks to a strong industry and strong support of the government.

The executive notes Renault will build the four EVs exhibited at this year’s Frankfurt auto show at four different plants, three of which have been announced.

Production is to begin in first-half 2011 for the Kangoo light-commercial EV in Maubeuge, France; Twizy 2-seater in Valladolid, Spain; Fluence sedan in Bursa, Turkey; and the Zoe, a 4-seat city car, in Flins, France.

SK Energy has developed six different Li-ion cells for hybrid, plug-in and battery EVs and was chosen in October to supply Mitsubishi Fuso Truck and Bus Corp. HEVs – one of the projects of Daimler AG’s global hybrid center, which owns Mitsubishi Fuso.

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SB LiMotive has development operations in Giheung, Stuttgart and Orion Township, MI. In Springboro, OH, it makes nickel-metal-hydride batteries in an operation acquired from Energy Conversion Devices and is building a factory in Ulsan, Korea, for Li-ion battery production.

At the Frankfurt show, SB LiMotive President Young said he expects to begin series production of Li-ion batteries for hybrids in 2011 and EVs in 2012.

Renault invested $344 million to develop the third-generation SM5 midsize sedan, which uses many elements of the current Renault Laguna. Production began at the Busan, South Korea, plant in October, with domestic sales to begin in January.

The SM5’s 2.0L engines were developed by Nissan (gasoline) and Renault (diesel). Alain Diboine, who heads research and development at Renault Samsung, says the body of the new SM5 was developed at the local technical center for the first time.

Renault will sell the SM5 in Europe as a Renault, probably called the Safrane, which was the name of the car that preceded the first Laguna in the upper-medium segment. The auto maker currently sells the second-generation SM5 as a Renault Safrane in Middle Eastern markets.

The SM5 has 3-zone air conditioning, an air filter and perfume diffuser, bi-xenon adaptive front lights and a massage function for the driver that the auto maker says improves blood circulation and combats fatigue. In Korea, it will compete with the segment leading Hyundai Sonata.

GME Heads Cap-in-Hand to Germany’s

Expect GM Europe to renew pursuit of government aid for its Germany-based Opel/Vauxhall operations as it restructures under new management.

Nick Reilly, recently named president-GM Europe following Fritz Henderson’s sudden resignation as General Motors Co. CEO, says in a weekend conference call there is no truth to the belief GM has sufficient cash on hand to shore up Opel.
“Much of that money will be needed for Delphi and completing restructuring in the US.,” he says, referring to the auto maker’s commitment to support its former captive parts supplier that emerged from bankruptcy in October as Delphi Holdings LLP.

“We also have some of that money in an escrow account for disasters in the U.S., and we can’t touch that,” Reilly says. “Third, the U.S. market remains depressed, and we have to have some money to get us through 2011. We also need to pay back loans to the U.S. government.”

He expresses hope Germany’s government will be as receptive to supporting Opel under GM leadership as it was to the prospect of seeing Opel owned and operated by Canadian mega-supplier Magna International Inc. GM’s board scuttled Magna’s planned acquisition of Opel last month.

“We’ve prepared an application for the German government,” Reilly says. “They were willing to support the Magna deal, so we expect some support for our plan. Financial aid is no different from other car companies in the U.S. or Japan or other European countries.”

Opel needs €1 billion ($1.2 billion) to execute its restructuring and some €3.3 billion ($5 billion) to develop new products, he says, adding the auto maker will not see a profit next year.

Meanwhile, the search for a GM Europe CEO is called off, with Reilly assuming responsibility for both Opel/Vauxhall and Chevrolet Europe. Day-to-day operations at Chevrolet Europe will be managed by Wayne Brannon.
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The management shakeup seems to signal the resolve of Ed Whitacre, GM chairman and interim CEO in the wake of Henderson’s departure, to instigate change quickly.

Additional appointments are expected this week, Reilly says, adding development of a minicar is a “top priority” at Opel.

“I want to clarify that we will also need to continue with light-commercial vehicles; that is a reasonable share of our business,” he adds.

1962 Corvette C1-RS is a worthy Goodguys Street Machine of the Year

1962 Chevrolet Corvette C1-RS - Click above for a high-res image gallery

It takes a lot to win the the Goodguys Street Machine of the Year award, but this custom 1962 Corvette convertible you see here easily deserves the honor. The car not only looks incredible, but it posted the fastest time at the Goodguys autocross track as well! Every single one of the body panels on the car has been modified, and the majority of the components are constructed either of aluminum or carbon fiber.

Powering the C1-RS is an LS7 V8 putting out more than 600 horsepower, but we were most impressed with the eight carbon fiber intake trumpets on either side of the engine that bring air into the intake manifold. The interior was beautifully crafted as well, with a custom fabricated aluminum dash and console and Alcantara and leather seats. Check out the high-res gallery below to see all the details yourself, or follow the jump to read more about the car.

1962 Chevrolet Corvette C1-RS

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Toyota execs deny cover-up after feds rebuke automaker over runaway car investigation

Remember Toyota's massive 3.8 million unit unintended acceleration recall that was attributed to pesky floor mats? It appears defective floor mats doesn't tell the whole story, as the Department of Transportation and the National Highway Traffic Safety Administration declared in a statement that "this (unintended acceleration) matter is not closed," adding "removal of the floor mats is simply an interim measure, not a remedy of the underlying defect in the vehicles."

Up to 2,000 Toyota customers claim to have experienced a sudden surge of acceleration, and some reportedly told ABC News that they didn't even have the recalled floor mats in their vehicles. Even more disturbing are the results of an ABC News investigation that reportedly found "hundreds" of accidents and up to 16 deaths as a result of unintended acceleration.

Four of those deaths occurred in August when an off-duty California Highway Patrol Officer, traveling with his wife, daughter and brother in-law, were killed after their Lexus accelerated uncontrollably. The driver's brother in-law called 911 and said that the brakes didn't work before the vehicle reached an intersection, struck another car, went into a ditch and caught fire. Some Toyota owners feel there is an electronic glitch in the system that controls the throttle and the ABC report shows that there is some anecdotal evidence which illustrates that incidents rose after the system was put into place in 2002, but so far, NHTSA has found no evidence to support those claims after six investigations.

ABC News caught up with Toyota Vice President Yukitoshi Funo (pictured second from left) and asked him if Toyota was covering anything up. Funo replied "It is not part of the Toyota culture and Toyota way to cover up anything," adding that the Japanese automaker is working with NHTSA to come up with an agreement on how to proceed going forward.

If you own a Toyota or Lexus and you are concerned about this issue, it appears that there is little that will be done in the short term other than tie down or remove the floor mats. If you do experience the acceleration issue, Consumer Reports suggests shifting your vehicle into neutral, pressing the brake and holding it down in an effort to bring your vehicle to a stop. This post and video from CR demonstrates how to effectively resolve the situation, and the risks of pumping the brakes. Turning off your vehicle could be a bad idea, as turning off the engine will also result in the loss of power steering and power brakes.

Grunewald Racing Camaro sets its sights on 2010 Formula Drift season

2010 Grunewald Racing Camaro - Click above for high-res image gallery

Conrad Grusewald has been an occasional participant in the Formula Drift series for the past several years with a supercharged C5 Corvette as his vehicle of choice for piloting around clipping points and narrowly missing concrete barriers while in opposite lock. For the 2010 season, however, he plans to step up the efforts with an all new 2010 Camaro built specifically as a drift car with Hankook Tire as the lead sponsor.

In addition to providing the Camaro for Grusewald, Chevrolet also pitched in an LS-A crate motor from GM Performance Parts that should produce more than 600 horsepower at the wheels. The car also features an Eibach suspension, carbon fiber body panels from Seibon, Forgeline aluminum wheels and more. Expect to see more of this car when the Formula Drift season starts in April, but until then you'll have to settle for our gallery of high-res photos below.

Grunewald Racing Camaro

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Renault board considering following Toyota out of F1

Things have never been this bad for the Renault F1 team. Their performance is light-years behind where it used to be, their star driver is bolting once again, their top management has been thrown out of the sport in disgrace, and its biggest sponsors are leaving en masse. And now, following months if not years of speculation, the French automaker could be preparing to cut its losses and shut down its racing team altogether.

Reports indicate that Renault's board of directors is currently weighing its options, with possibilities including maintaining its full participation in the series, reverting to acting as an engine supplier for other teams (like Red Bull), or following Toyota and BMW out of the sport before next season. However reports that the FIA is considering taking legal action against Toyota for breach of contract which locked the company into the series through 2012 could make the decision a little more difficult.

The anticipation must be especially gut-wrenching for Robert Kubica, who just signed with Renault for next season after BMW Sauber exited the series. One way or another, the company is expected to announce its decision in the coming days.