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Happy New Year! Our Top 12 Car News stories of 2011
Sun, 01 Jan 2012Top Car News 2011 Happy New Year to all Cars UK readers, and a look back at the top car news stories – month by month – of 2011. It’s the first day of 2012, so it seems like a good time to look back at the top car news stories of 2011. Instead of looking at the most read stories overall of 2011 on Cars UK, we thought we’d have a look at the top story for each month.
GM Europe weeks from running out of cash
Tue, 03 Mar 2009By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.
Lexus GS 300h: Shanghai Motor Show
Sat, 20 Apr 2013Offering much better economy than the GS 450h, it offers not only a viable alternative for private buyers looking for a bit of beautifully built Japanese luxury with lower running costs, but also makes the GS a much more appealing option for company car drivers – probably where most of the sales will be made. Lexus are aiming for Co2 emissions below 110g/km for the GS 300h (the IS 300h manages 99g/km) which will give headline economy around 60mpg – a third better than the GS 450h can manage. Power comes from the same hybrid drivetrain as the IS 300h, which means a 2.5 litre petrol mated to an electric motor and delivering 215bhp and o-62mph in around 8.5 seconds.