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Hyundai Genesis Coupe
Thu, 20 Mar 2008By Liz Turner Motor Shows 20 March 2008 11:26 Hyundai debuted its new Genesis Coupe in the Banqueting hall of the Javits Conference Centre, and had a pair of cars do a series of doughnuts to celebrate the world debut. The two cars were different: one a 306bhp 3.8-litre V6; the other a turbocharged four-cylinder 2.0-litre delivering 212bhp. Both have rear-wheel-drive and independent suspension all round; both undercut their competition on price.
Hammer Falls On Record Silverstone Auctions Sale
Tue, 29 Jul 2014RECORDS were broken at the recent Silverstone Auctions event, as the two day sale generated more than £5 million and secured some of the highest prices seen to date. One highlight of the sale was a 1979 Ferrari 308 GTS, which was hammered away for a premium inclusive £82,225 - more than £50,000 over its lower estimate and a world record for the model. Not to be outdone, a 1989 Ferrari 328 GTS sold for a premium inclusive £77,050, breaking another world record.
News watch October 2012: today's industry news
Wed, 31 Oct 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-hou Wednesday 31 October 2012• It's emerged GM's European 2012 earnings are down nearly half a billion dollars in Europe, where it now expects to lose $1.5bn to $1.8bn before interest and taxes for the full year (DetNews)• Ford has posted a third-quarter net profit of $1.63bn (£101bn) - almost matching its eventual profit total for the entire year 2011. Despite painful losses in Europe (Ford expects to lose $1bn in Europe alone this year) a resurgent North American market has buoyed Fords sales even higher than previous forecasts (Automotive News Europe)• Fiat CEO Sergio Marchionne has weighed in against Republican presedential nominee Mitt Romney, who argued that a move towards Chinese production would harm American jobs.