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Economic downturn might hit plans for Porsche small roadster
Mon, 14 Nov 2011Porsche's decision on whether to build an entry-level roadster will depend on the global economy, CEO Matthias Mueller said. Mueller said that if the automaker decides to go ahead with the car, sales would begin at the earliest in the third quarter of 2014, but probably later. A decision on production will depend on how the global economic situation pans out, particularly in relation to the auto industry, Mueller said.
Motor industry backs EU membership
Thu, 03 Apr 2014MOTOR MANUFACTURERS have given strong backing for the UK staying in the European Union, citing benefits including business links and free movement of labour. A survey by the Society of Motor Manufacturers and Traders (SMMT) showed that 92% of automotive firms believed that staying in the EU would be best for their business, although most wanted to see reforms. The SMMT said its study showed how EU membership benefited the industry, such as access to a single market and funding for research and development.
Average cost of car insurance down 12.5%
Tue, 21 Jan 2014The average cost of insurance is now 12.5% lower than it was a year ago, thanks to new EU rules on gender equality. That’s according to over four million quotes analysed on Confused.com. On Bing: see pictures of male drivers Women and car insurance – all the facts The rules, introduced at the end of 2012, said a person’s gender shouldn’t affect their insurance premium.