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Lexus LF-Ch hybrid at 2009 Frankfurt motor show

By Tim Pollard First Official Pictures 09 September 2009 23:00 Lexus is eyeing up the premium hatchback market – and this LF-Ch is the first mission statement from the Japanese. Why LF-Ch? The name denotes the latest styling from the L-Finesse design mantra; the 'C' denotes a C-segment mid-sized hatch; and the 'h' means it's a hybrid.

New car sales see record growth period

ANOTHER rise last month has taken UK car sales to their longest-ever period of growth. A total of 194,032 new cars were registered in May – a 7.7% rise on the May 2013 figure, the Society of Motor Manufacturers and Traders (SMMT) said. The increase last month was the 27th consecutive monthly rise – beating the previous record of 26 months of growth between May 1987 and June 1989.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).