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Future products: Geely must retool Volvo plans
Wed, 01 Sep 2010Ford Motor Co.'s sale of Volvo to Geely in August leaves doubt about the Swedish company's product plans. For example, all of Volvo's current range except the 9-year-old XC90 crossover makes use of Ford vehicles and components. The XC90 is based on Volvo's P2 platform and was developed before Ford ownership.
First Lamborghini Huracans making £30k premiums
Fri, 11 Apr 2014Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.
Audi dealers ‘told lies’ about safety ratings
Wed, 14 May 2014Audi A BBC investigation has found that Audi dealers lied about the safety ratings of some of the German brand’s models. The Watchdog programme sent undercover researchers into a number of dealers to ask about EuroNCAP ratings. 90% of staff lied about the Audi A5’s crash rating They found that nine out of 10 said that the Audi A5 had been rated by NCAP, with six out of 10 saying it had been awarded a maximum five stars in the crash tests.