Mon, 13 Jul 2009
He's back--and he's definitely returning to his high-profile self. General Motors' freshly minted creative honcho Bob Lutz is playing host to a Web chat from 2 to 3 p.m. Eastern time on Monday.
Wed, 05 Dec 2012
The new Lexus IS - previewed at this year’s Paris Motor Show by the Lexus LF-CC Concept – will debut at the Detroit Auto Show in January 2013. Lexus effectively previewed the new IS with the Lexus LF-CC Concept (above) at the Paris Motor show in September (although that really previews a new Lexus IS Coupe to follow) so we know the new IS is going to follow the current Lexus path of producing good looking cars (like the latest Lexus GS). This time round it looks like Lexus are going to offer a hybrid IS 3000 as the route to the heart of fleet buyers in Europe with a 2.5 litre petrol four-cylinder mated to the usual box of batteries and motor, all running through a CVT ‘box (sadly).
Mon, 16 Nov 2009
JLR releases £170 million by financing cars in transit
Car makers have been begging lines of credit from wherever they can in the last year as the recession has bitten hard in to their finances. Jaguar Land Rover started off down the Government Loan route, but it soon became clear that the strings attached to any Government sourced finance where unacceptable. But in a sign that the future of JLR looks pretty rosy JLR managed to secure £175 million in private financing back in August as part of a bid to raise £500 million, and Tata have refinanced the loans used to acquire JLR.