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UK car manufacturing hits six-year high in 2013

UK car manufacturing hits six-year high in 2013 The car market in Europe may have been a painful place in 2013, but that hasn’t stopped UK car manufacturing continuing to grow, with 2013 delivering a total of 1,509,762 cars – the highest total since 2007 and up 3.1 per cent on 2012. That impressive total is made up from a wide variety of car manufacturers, from the volume producers like Jaguar Land Rover, Nissan, Toyota and MINI to smaller sales volume from supercar makers Aston Martin. In fact the rate of growth and investment is so strong – moire than £2.5 billion in investment announcements in 2013 – that the Society of Motor Manufacturers and Traders (SMMT) are reporting that analysts believe the UK’s car manufacturing could break all-time records in the next four years.

General Motors to shut down Saab

General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.

Rally Ace Beats Own Isle Of Man Lap Record

SUBARU’S WRX STI has once again broken the four-wheeled lap record around the famous Isle of Man TT circuit, with British rally champion Mark Higgins setting a new record of 19 minutes 26 seconds in a production version of the firm’s newly launched high-performance saloon. Higgins’s lap around the challenging 37.8-mile TT Mountain course saw him post an average speed of 116mph and a top speed of over 160mph. Manxman Higgins completed his timed run under closed road conditions as part of the TT schedule and beat his previous record, set in 2011, when he set a time of 19 minutes 56.7 seconds at the wheel of the previous-generation WRX STI, breaking a record that had stood for 21 years.