New Mitsubishi SUV’s residual value is best in segment

Updated 04 November 2017
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New Mitsubishi SUV’s residual value is best in segment

LONDON: The all-new Mitsubishi Eclipse Cross offers the highest residual values in its segment, according to British industry experts Cap hpi.
Cap hpi has forecast that the Mitsubishi Eclipse Cross 2, which launches in January 2018, will retain up to 48.1 percent of its list price after three years or 60,000 miles, while the Eclipse Cross 3 will retain up to 47.5 percent of its value and even the top-of-the-range Eclipse Cross 4 will retain 46.9 percent of its value, placing the new Mitsubishi SUV firmly among the very best in its segment.
It is also one of the strongest results ever achieved by the brand’s vehicles. Heightening its appeal and value is an extensive standard specification that compares favorably to that of its rivals.
The Mitsubishi Eclipse Cross benefits from standard equipment such as Smartphone Display Audio that is compatible with Apple CarPlay and Android Auto, touchpad controller, rear-view camera, DAB radio with six speakers, climate control air-conditioning, LED daytime running lights, lane departure warning and forward collision mitigation, which uses radar technology to detect a risk of collision.


Saudi Aramco seeks to overhaul engines and fuel amid electric vehicle hype

Updated 06 March 2019
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Saudi Aramco seeks to overhaul engines and fuel amid electric vehicle hype

  • Diesel has proven a key cause of health-threatening nitrogen oxide pollution
  • Saudi Aramco is working on gasoline compression ignition which mixes fuel and air more effectively prior to combustion

GENEVA: More efficient fuels and more sophisticated combustion engines are needed to bring down carbon dioxide pollution and to secure the long-term future of Saudi Aramco’s business, the company’s chief technology officer said on Wednesday.
“The growth of transport is greater than the growth of alternative drivetrains,” Ahmad Al-Khowaiter, Chief Technology Officer at Saudi Aramco told journalists at the Geneva car show.
The spike in electric car production in Europe will not offset an overall increase in global greenhouse gas emissions as emerging economies industrialize and buy cars with petrol and diesel engines, Al-Khowaiter said.
“Improving combustion engines is key to sustaining our business in the long term,” he said.
While carmakers have rolled out advances in combustion engine technology, the availability of sophisticated fuels has not kept pace, Al-Khowaiter said.
Diesel became an industry standard more than 100 years ago and has remained popular mainly because it did not evaporate quickly, making it safer to handle during storage and refueling.
“Rudolf Diesel did not consider fuels which evaporated easily. That was an accident of history,” Al-Khowaiter said, referring to the German founder of the diesel engine technology.
But diesel has proven a key cause of health-threatening nitrogen oxide pollution, which is blamed for respiratory diseases, forcing the industry to explore ways to cut emissions.
“We can now optimize the fuel and the engine at the same time. And we can bring it to market by adding another fuel pump at the gas station, just like it is done with higher octane fuels,” Al-Khowaiter said.
“We do the patents on the fuel development to enable the engines to be efficient,” the executive said.
Saudi Aramco is working on gasoline compression ignition which mixes fuel and air more effectively prior to combustion, resulting in lower nitrogen oxide and soot emissions and a 30 percent improvement in fuel economy.
The petrochemicals giant is also helping to develop mobile carbon capture technologies which could be built into next generation passenger cars for around $1,400 per vehicle, and help to cut carbon dioxide emissions.