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Audi TT RS Plus (2012) first official pictures
Fri, 10 Feb 2012Audi has unveiled a go-faster version of the TT. As if the regular TT RS isn't fast enough, here's the new 2012 TT RS Plus – a tuned version of the coupe and roadster with the wick turned up to 355bhp. It's based on the regular RS model, which means the five-cylinder turbo engine continues.
News watch November 2012: today's auto industry news
Fri, 30 Nov 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 30 November 2012• Europe's trade ministers are looking at a free-trade pact with Japan, despite resistance from EU car manufacturers. Currently Japanese cars attract a 10% tariff upon import to Europe.
GM Europe weeks from running out of cash
Tue, 03 Mar 2009By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.