The reborn Venturi Automobiles may have changed the historic automaker's focus from performance cars to green technology, but back in the day – conceived, as it was, as a French rival to Ferrari – Venturi pulled off some noteworthy performances at Le Mans. Following that tradition, Venturi has now announced that it will establish a new factory in the French town of La Sarthe, home to the famous 24 hour race. The plant will shift the company's center out of Monaco where it is currently based, and be used to build a new electric city vehicle to be unveiled next week together with Michelin at the Paris motor show, as well, presumably, as the Fetish supercar which is now nearing production.
While we can't get enough of the Caterham and all its copycats, the one thing we've never said to ourselves is, "This needs a roof, some luxury amenities and 400 horsepower." But that's exactly what IFR Automotive has done with the Aspid. IFR is an acronym for the engineer that founded the firm, Ignacio Fernandez Rodriquez, whose former employers include Prodrive and the Mitsubishi WRC team. Rodriquez wanted to create a track-day masterpiece that would not only confirm to FIA safety standards and European homologation requirements, but also offer a level of luxury and refinement previous unseen on other track-bound whips.
The result is a lightweight aluminum and carbon fiber structure that tips the scales at around 1,550 pounds. Two engines will be available when the production model hits the streets later this year, including a naturally aspirated 2.0-liter producing 270 hp, or a 400-hp turbocharged version of the same mill. Power will be sent to the rear wheels via a six-speed manual gearbox and a limited-slip differential. With that kind of power to weight ratio (570 hp per ton), IFR is predicting a 0-62 run of 2.8 seconds, a 0-100 sprint of 5.9 seconds and a maximum (restricted) speed of 155 mph. Slowing and turning the Aspid should be equally dramatic, with the lightweight coupe halting from 100 mph in three seconds flat and hitting 1.6 g of lateral acceleration.
All that mind-boggling performance will come at a cost, so when you place your order after the Aspid's debut at the London Motor Show next month, you'll be expected to cough up £75,000 before you can take delivery next summer.
We knew critics of Chrysler's $2.99 Gas Guarantee would crawl out of the woodwork before too long, and here they come. Automotive News reports that The Union of Concerned Scientists has called Chrysler's program a "cynical deal", noting that at today's current average price of $3.61/gallon, a customer would save about $400 a year under Chrysler's program. Being the smart folk they are, the scientists also pointed out that customers could save the same amount from a 3 mpg bump in fuel economy over 15,000 miles or a year of driving, and that better fuel economy also continues saving the customer money after three years. Damn, scientists are so smart with the math.
The criticism hasn't stopped Suzuki, however, from announcing its own free gas deal. For vehicles purchased between May 1st and June 30th, Suzuki is offering 0% financing and three months of totally free fuel in its "Free Gas for Summer" program. Buyers will basically get a stored-value credit card that's charged with a different amount of money depending on the model purchased.
These incentive programs are nothing but promotions designed to grab headlines and make buyers feel like they're getting more money back than they actually are. Playing off the media's hysteria over high gas prices, Chrysler (and Suzuki) is betting buyers will feel that paying $2.99/gallon for three years is more valuable than a $2,000 cash back rebate. Trust the math, it's really not. Nevertheless, it will likely sell more Chrysler, Dodge and Jeep vehicles than a boring $2,000 rebate would.
