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American Suzuki to pull out of U.S. auto market, file Chapter 11 bankruptcy

American Suzuki Motor Corp., beset by low sales, cutthroat competition and unfavorable foreign exchange rates, said it will pull out of the U.S. auto market and file for Chapter 11 bankruptcy protection. The company, in a statement today, said it will continue its motorcycle and marine engine business units and will continue to honor customer warranties.

New car sales up 7.9 per cent in May (2012) – Vauxhall Corsa best-seller

New car sales jumped 7.9 per cent in May 2012 compared to a year ago and the Vauxhall Corsa ousted the Ford Fiesta as top seller. Yes, we’re still in the depths of a recession and the Eurozone is in meltdown. Banks aren’t lending money and everyone’s tightening their belts.

Audi RS6 Avant heads for EJAF with a little help from Gwyneth Paltrow

Gwyneth Paltrow signing an Audi RS6 Avant heading for Elton John’s White Tie & Tiara Auction Audi UK has a bit of a history of donating cars for auction at Elton John’s annual White Tie & Tiara Ball in aid of the Elton John Aids Foundation, and 2013′s no different. In the past we’ve had the appealing R8 Spyder as an EJAF auction lot and an A1 painted by Damien Hirst, but this year the EJAF is getting the super-estate Audi RS6 Avant, scribbled on by the delectable Gwyneth Paltrow. Audi roped in Gwyneth to turn up at the UK launch of the new RS6 Avant at Audi City in London and got her scribbling her moniker  on the interior of the RS6, a task Audi says would make their uber-shed worth £88k if they sold it – but if previous EJAF auctions of Audi’s cars is anything to go by it’ll fetch a lot more than that when the hammer goes down.