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Tata Nano: the CEO’s plans to sell it in Europe

Carl-Peter Forster, CEO of Tata Motors, has told CAR of his hopes for Tata’s expansion in Europe – with plans to launch the Nano here with a diesel and possibly an electric version. You can read the full interview with Forster in the new July 2010 issue of CAR Magazine out this week. Tata is already the world’s fourth largest commercial vehicle producer and it is a strong force in the Indian car market.

Kia GT4 Stinger concept (2014) first official pictures

By Damion Smy First Official Pictures 14 January 2014 09:00 Kia has shown its first rear-wheel drive sports car at the Detroit motor show. The GT4 Stinger was shown to the press as the brand’s potential rival for the Toyota GT-86 and Subaru BRZ. The GT4 Stinger is a 2+2, front-engined coupe powered by a 311bhp 2.0-litre turbocharged four-cylinder petrol engine taken from Kia’s Optima racecars.

First Lamborghini Huracans making £30k premiums

Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.