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News watch Sept 2010: today's auto industry news
Wed, 29 Sep 2010Welcome 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 Wednesday 29 September 2010• Porsche today posted record turnover, off the back of rising sales. It announced an 18% leap in annual turnover to €7.8 billion while sales rose 9% to 81,500 vehicles, up from 75,238 the previous year.
Honda Jazz Hybrid (2011) first official pictures
Tue, 28 Sep 2010You're looking at the new Honda Jazz Hybrid, a new version of Honda's supermini, which takes the firm's tally of petrol-electric cars to four. Take that, Toyota. Honda will introduce the hybrid Jazz as part of a 2011 facelift.
Marchionne says he'll likely step aside from Chrysler in 2015 or 2016
Wed, 03 Aug 2011Chrysler CEO Sergio Marchionne on Wednesday hinted that he will be stepping aside from the helm of the U.S. automaker within five years. During a question-and-answer session at the 2011 Management Briefing Seminars in Traverse City, Mich., the 59-year-old executive said Chrysler's future plans "will be up to the guy after me--after 2015 or maybe a year later….