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Toyota's incoming chairman wants new Supra
Thu, 13 Jun 2013Toyota Motor Corp.'s incoming chairman said he wants the sports car the company is developing with BMW to be a midsized vehicle comparable to the discontinued Supra. Toyota's next sports car should be like the Supra so that it doesn't overlap with the 86 coupe, Takeshi Uchiyamada said in an interview today in Osaka at a gathering of members of the Keidanren, Japan's biggest business lobbying group. Still, such decisions are up to engineers, Uchiyamada said.
Spyker want $3 billion from GM over Saab Saga
Mon, 06 Aug 2012Spyker has filed a law suit against General Motors for $3 billion for refusing to allow Saab to be sold to the Chinese. Victor Muller is not the kind of man who gives up until he’s exhausted every avenue to get what he wants. Which might explain why Spyker has just issued a $3 billion law suit against GM.
European new car sales in record LOW
Thu, 26 Sep 2013European new car registrations have plunged to their LOWEST level on record after slow August sales reversed an upturn in July. Registrations of 7,841,596 new cars between January-August 2013 marked a new low for the European new car market of 27 countries – so few cars have never previously been recorded since records began in 1990. 2013 UK new car sales forecast revised upwards European new car sales continue to struggle The UK new car market is the sole exception: so far this year, new car registrations have risen 10.4%, compared to the European decline of 5.2% in the same time period.