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Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.

Ferrari, Ford and McLaren scoop top engine award honours for 2013

Think 'International Engine of the Year' awards would just concentrate on frugal, downsized powertrains? Not so. Along with Ford and VW's fuel-saving efforts, Ferrari and McLaren have been recognised for building the world's best engines in the 2013 awards.

New Hyundai i30 gets 5 Star Euro NCAP rating

New Hyundai i30 gets 5 Star Euro NCAP The new Hyundai i30 is back in the news with an impressive 5 Star Euro NCAP rating in the latest round of tests. The new Hyundai got off to a good start when VW’s boss complained it was too well made, and since then Hyundai has gone on to prove that point by letting a ‘Flange’ of Baboons loose on the new i30 without any significant harm – to baboons or the i30. Now the official word on the i3o’s quality – certainly in terms of safety – comes with the award of 5 Stars in the latest round of Euro NCAP testing, making the new i30 one of the safest cars in the C-segment.