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Honda Civic Type R UK sales to cease

The Honda Civic Type R is dead. Or it is at least in Europe, as the high-revving, naturally aspirated 2.0-litre engine that powers Honda's hot hatch can't meet forthcoming emissions requirements  That's right – the Civic Type R can’t meet the latest Euro5 emissions regulations that come into force at the end of 2010, meaning in the UK and most other European countries (a tiny handful have Euro5 exemption) the Civic Type R will cease to be. If you live outside Europe then you’re still in luck as the Swindon-built Type R will continue to be sold in markets as far afield as Australia and South Africa.

Pininfarina takeover would boost Magna expertise in key areas

Magna International Inc. would become a stronger competitor for design and development jobs if it takes over struggling car styling and engineering firm Pininfarina S.p.A., executives say. “Magna badly needs design competence, and Pininfarina has top staff,” said Paolo Tumminelli, CEO of Goodbrands GmbH, a brand and marketing consultancy based in Cologne, Germany.

How well is Ferrari really doing? Results analysed

Ferrari seems to be holding up well in the global recession, according to figures announced this week. Its market share is up, consolidated revenues fell just 7% in 2009 and overall operating profit stood at a juicy €245m. Not a bad performance in the biggest economic downturn for generations.Ferrari operates in the upper echelons of the premium sports car market: serious stuff with at least 450bhp and a minimum €140,000 price tag.