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New Car Sales 2012: Big winners – and big losers
Mon, 07 Jan 2013Car sales in the UK hit a four year high in 2012 with over 2 million registrations. But which were the big winners and losers? Despite the Eurozone being on the verge of imploding – and the economic outlook on the gloomy side just about everywhere – 2012 has turned in to the best year for new car registrations in the UK since 2008.
News watch October 2012: today's industry news
Wed, 31 Oct 2012Welcome 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-hou Wednesday 31 October 2012• It's emerged GM's European 2012 earnings are down nearly half a billion dollars in Europe, where it now expects to lose $1.5bn to $1.8bn before interest and taxes for the full year (DetNews)• Ford has posted a third-quarter net profit of $1.63bn (£101bn) - almost matching its eventual profit total for the entire year 2011. Despite painful losses in Europe (Ford expects to lose $1bn in Europe alone this year) a resurgent North American market has buoyed Fords sales even higher than previous forecasts (Automotive News Europe)• Fiat CEO Sergio Marchionne has weighed in against Republican presedential nominee Mitt Romney, who argued that a move towards Chinese production would harm American jobs.
Peugeot SR1 – the video
Sun, 24 Jan 2010The Peugeot SR1 Concept. Video below. A couple of weeks ago we reported on a new concept car from Peugeot, destined to be shown at the Geneva Motor Show in March.