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News watch October 2011: today's auto industry news
Mon, 31 Oct 2011Welcome 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-hourMonday 31 October 2011• The two companies planning to buy Saab - China's Youngman and Pang Da - have agreed to pay a €50 million bridging loan, court documents show. And they are pledging €610m in long-term funding from 2012, according to ANE (Automotive News Europe) • Martin Winterkorn, the CEO of the Volkswagen group, says he is pleased with the performance of Seat and Skoda.
Lexus LFA and IS-F on track at Bruntingthorpe
Sat, 21 May 2011Lexus LFA and IS-F joust on track at Buntingthorpe Just a couple of weeks ago we reported that the first Lexus LFA in the UK had put in an appearance at Goodwood to delight the Supercar Sunday Breakfast Club. The visit to Goodwood made it clear that Lexus were treating the LFA as a serious performance car, and not just a rich man’s toy (although it is a rich man’s toy), so we wondered where Lexus UK would go next with their very own LFA. Would they trot it up to Lexus Park Lane and put it on show for the temptation of the passing wealthy, or would they plough on with putting the LFA in front of real (if wealthy) petrolheads?
Opel/ Vauxhall Zafira Tourer
Tue, 24 May 2011Following on from its Geneva motoshow debut, Opel/ Vauxhall have announced that the Zafira Tourer is to head into production. Retaining much of the concept’s overall design, the new Zafira Tourer is heralded as a ‘quantum leap’ from its manufacturers. An extensively re-designed Flex-7 seating system, focus on improved cabin quality and improved materials sees the Zafira elevated in terms of cabin luxury.