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Porsche 911 buyers flock to rare 24-month leases
Mon, 28 Mar 2011Porsche is pushing 24-month leases for its 911 and is running a six-month lease pull-ahead incentive on all of its sports cars to offset a shortage of low-mileage used cars. This year, 22 percent of all 911 lessees have taken 24-month contracts rather than 36-month deals, says Michael Bartsch, COO of Porsche Cars North America. That compares with 10 percent before the push.
Peugeot 308 RCZ concept
Tue, 31 Jul 2007These are the first pictures of the Peugeot 308 RCZ concept car, scheduled to make an appearance at the upcoming Frankfurt Motor Show. Based on the forthcoming 308, the 308 RCZ is a 2+2 coupe - in the same ilk as Audi's TT. The construction focuses on lightweight, employing aluminum in the roll over protection bars, a polycarbonate rear windscreen and carbon fiber body panels. Design details of the dramatic concept include pronounced wheel-arches that blend seamlessly with the aggressive front fascia and a stepped beltline. The large offset between the door and rocker panel emphasizes the purposeful, sporting stance.
Gert Hildebrand on his new challenge at Chinese startup, Qoros
Thu, 05 Jan 2012Qoros Auto, a new start-up luxury automaker which launched in China late last year, is poised to take on the established German firms in the increasingly competitive luxury segment. The company was formerly known as Chery Quantum Auto Co. Ltd (“CQAC”) and is a 50/50 joint venture between Chery Automobile and Israel Corporation.