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CES shows strong signs of health in 2010
Fri, 08 Jan 2010Like much of the rest of the economy last year, the consumer electronics industry had a tough time in 2009. Who wants to buy an iPod when you just lost your job? As a result, the industry finished the last 12 months with its first loss in 20 years.
News watch August 2010: today's industry news
Thu, 26 Aug 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-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.
Design Development: KTM X-Bow
Fri, 20 Apr 2007KTM is an Austrian motorcycle company. Originally it produced only off-road bikes, but now it also makes ATVs / quads and road orientated machines, all focused on the enthusiast end of the motorbike market - there are no retro-cruisers, scooters or large screened tourers in the KTM range. In the summer of 2005, this hardcore motorbike company, along with their design partner of 14 years, Kiska, embarked on a research project, which within 6 months saw them committed to adding a sports car to their range.