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News watch November 2010: today's auto industry news
Tue, 30 Nov 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 Tuesday 30 November 2010• Fiat and Opel have signed an agreement whereby Fiat will supply vehicles comprising of several variants to Opel, commencing December 1 (Fiat)• Electric cars will make up 20 per cent of UK car sales by 2016, according to National Grid CEO Steve Holiday (Automotive News Europe)• Toyota has said it will repair 650,000 Prius models worldwide because of a fault with the coolant pump (BBC News)• Porsche look likely to succeed in persuading preferred shareholders to support a €5 billion stock sale becuase the deal may offer the chance to buy into Volkswagen at a discount rate (Bloomburg)• China will become Rolls Royce's biggest market, surpassing America as early as 2011 (Automotive News Europe) Monday 29 November 2010• Bentley has appointd a new CEO to succeed Franz-Josef Paefgen, who's retiring. Porsche R&D director Wolfgang Dürheimer, 52, is now chairman and chief exec of Bentley Motors and Bugatti (Bentley)• In return, Porsche has replaced Dürheimer with Wolfgang Hatz, an internal appointment.
Lamborghini SUV – it’s NOT a rumour
Thu, 02 Feb 2012The Lamborghini SUV has been confirmed by an Audi manager Rumours of a Lamborghini SUV Concept at the Beijing Motor Show have been confirmed by a senior Audi Manager. We reported a few days ago that Quattroruote, an Italian car magazine, were claiming that the much rumoured Lamborghini SUV Concept would debut at the Beijing Motor Show in April. We did comment that the report seemed like the rumour mill gone mad, but the fact that Lamborghini were calling the report ‘Speculation’ lead us to conclude the story was probably true.
Porsche Boxster S Black Edition at Geneva
Wed, 02 Feb 2011The Porsche Boxster S Black edition Just over a week ago we had a Black Edition Porsche revealed as on the way to Geneva – the Porsche 911 Black Edition. Today we get the Porsche Boxster S Black Edition. We can but assume that either Porsche has stumbled on a job lot of black paint and leather, or the designer of their limited edition models is going through their dark phase.