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Cadillac CTS-V ‘sets saloon Nurburgring record’
Mon, 12 May 2008By Tim Pollard Motor Industry 12 May 2008 10:31 Cadillac’s new CTS-V has set a new production saloon lap record at the Nurburgring, the company claims. It reports the 2009 CTS-V lapped the 13-and-a-bit mile circuit in an impressive 7min 59.32sec.‘This blistering time appears to be the fastest ever publicly documented for a production sedan,’ says a breathless press release. And according to the records we’ve researched, they appear to be correct, although a Subaru Impreza STi Spec-C also lapped in 7min 59sec.It leaves us wondering who else is going to launch an assault on the Nordschleife’s 73 corners.
Used cars 'getting cheaper'
Thu, 10 Oct 2013CONSUMERS holding on to their motor for longer are driving down the cost of used cars, according to new research. The average price for a second-hand car in July-September 2011 was £8,870 - a 2.4% decline compared with the same period a year ago, according to the Auto Trader company. It is the first time the price has dipped below £9,000 since the company started tracking the market in January 2010.
Lexus ES sedan production coming to Kentucky
Fri, 19 Apr 2013Toyota Motor Corp. plans to invest $360 million to bring production of the Lexus ES sedan to Kentucky, making it the first model from Toyota's premium brand to be built in the United States as the carmaker pushes to localize more manufacturing. Under the plan announced Friday in New York by CEO Akio Toyoda, Toyota will boost annual capacity at its Georgetown, Ky., plant by 50,000 vehicles to accommodate ES output.