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News watch October 2011: today's auto industry news
Mon, 31 Oct 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 31 October 2011• The two companies planning to buy Saab - China's Youngman and Pang Da - have agreed to pay a €50 million bridging loan, court documents show. And they are pledging €610m in long-term funding from 2012, according to ANE (Automotive News Europe) • Martin Winterkorn, the CEO of the Volkswagen group, says he is pleased with the performance of Seat and Skoda.
Audi R8 e-tron killed off for production – again
Tue, 28 May 2013It’s more than six months since we reported that Audi were planning to kill off any production plans for the electric R8 e-Tron, with Audi’s head of R&D saying the production plans for the R8 were going to be scrapped. And it seems they have now gone in the bin. Autocar are reporting that Audi has confirmed to them that the R8 e-Tron won’t be going in to production and the ten latest e-Trons to be built will be used just for testing and development to help Audi with its ‘electrification’ plans, which will now almost certainly concentrate on plug-in hybrids and range extenders, rather than EVs.
2015 Nissan 370Z Nismo facelift revealed
Tue, 26 Aug 20142015 Nissan 370Z Nismo facelift revealed It’s only a year or so since the new Nissan 370Z Nismo arrived in the UK, but Nissan is already rolling out a new and improved version. The cosmetic tweaks are the usual fodder of a new front bumper – which takes its cues from the GT-R – new LED running lights, red highlights for the vents, new side sills and door mirrors and a smaller spoiler than before. On the inside, the changes amount to red and black leather, Alcantara and a new set of Recaros.