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News watch November 2011: today's auto industry news
Tue, 29 Nov 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-hour Tuesday 29 November 2011• Saab's UK division today filed for administration as it waits for funding from its would-be Chinese investors (Automotive News Europe) • In a statement, Saab GB said: 'Saab Great Britain Ltd filed for administration with the High Court in London... The board of Saab GB is of the opinion that administration gives the company and creditors the necessary legal protection until the required funding for the company has been secured'• Frantic negotiations continue between Saab owner Swedish Automobile and its Chinese suitors, Youngman and Pang Da, which signed an MOU to buy Saab for €100 million.
Flip-flops most dangerous shoe to drive in
Thu, 29 Aug 2013Driving in flip-flops is more dangerous than heels, with the flimsy footwear responsible for an estimated 1.4 million car crashes or near misses per year. A study commissioned by car insurance company Sheilas’ Wheels found that one third of motorists wear the not so supportive shoe behind the wheel, topping a poll of the top five summer footwear Brits struggle to drive in. 98% fear UK road safety not improving Find a used car on Auto Trader As many as 51% of drivers surveyed admitted struggling to drive in flip-flops, while 49% said they’d found it difficult to drive in bare feet.
Hyundai increases its European Market share by 10%
Wed, 20 Feb 2013Despite a weak car sales market across Europe, Hyundai has managed to increase its market share in January 2013 by almost 10 per cent. As we reported just the other day, the European car market is in a bit of a mess with sales down by 9.6% in January 2013 and even the mighty sales of the VW Golf – Europe’s best-selling car – dropping by 17.8 per cent. But despite the European car market falling back, Hyundai has managed to increase its market share in Europe by almost 10 per cent, from 3.3 per cent in January 2012 to 3.6 per cent in January 2013.