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Jaguar Land Rover say profits up again, but warns on Eurozone
Thu, 09 Aug 2012Jaguar Land Rover profites rose by 7 per cent in the quarter to June end, but JLR warns that Europe’s financial woes will impact growth. Rising profits at Jaguar Land Rover are like Team GB Gold Medals – we’re starting to expect more every day. And JLR are still delivering.
Peugeot Citroen idles Slovak factory over falling orders
Thu, 20 Oct 2011PSA to halt production of 207 & C3 Picasso in Slovakia The news that Peugeot Citroen (PSA) is to suspend production at its factory in Trnava, Western Slovakia, as orders for cars fall away, is another sign of the impending gloom in the Euro zone car industry. PSA has revealed that the Trnava factory – which produces the Peugeot 207 and Citroen C3 Picasso – will be shut from October 28th to November 18th (a period which does include two bank holidays) as orders start to fall away and production exceeds demand. But this announcement seems to be the tip of the iceberg for PSA’s factory closures.
Roush unveils two 540-horsepower Mustangs
Thu, 17 Sep 2009The go-fast guys at Roush tore the cover off two 540-hp 2010 Ford Mustangs today. The range-topping Stage 3 Mustang will be limited to 103 copies for 2010, while the 540RH will slot in as minimalistic approach to the iconic Pony Car for customizers. They both launch this fall.