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Crunch watch July 09: the auto industry in crisis
Fri, 31 Jul 2009By Tim Pollard, Ben Pulman, Ben Whitworth and Alex Michaelides Motor Industry 31 July 2009 11:23 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 31 July 2009• Lamborghini today posted pre-tax profits of €5.4 million – despite a sales drop of 37% in the first six months of 2009. Sant'Agata said turnover hit €156.9m in the first half (down 43%) as it sold 825 cars globally (Lamborghini)• British motorists could have to pay £250 in tax to park at work from 2012.
Tesla Model S outsells Mercedes & BMW say CNN. Rubbish.
Tue, 14 May 2013We don’t have much time for the push to make the electric car a replacement for the ICE car. But we do applaud – and covet – the Tesla Model S for its technical ability and performance. And its tax breaks.
Tata & JLR to build their own engines. But you already knew that.
Tue, 19 Jul 2011Tata & Jaguar Land Rover to build their own engines The wires today seem to be full of the ‘news’ that Tata and Jaguar Land Rover are considering building their own engines. Really? The report of this ‘Breaking News’ cites a company report by Tata which indicates a joint engine development programme is being considered.