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Honda Civic Type R Mugen 2.2 revealed. But why bother?
Fri, 09 Sep 2011Honda Civic Type R Mugen 2.2 - will it sell? When Honda finally confirmed the Civic Type R Mugen for very limited production – just 20 were being made – back in 2009, we did comment that the price - £38,599 and a £12k premium over the stock Type R – did not auger well for sales. In the event Honda has only managed to shift sixteen of the original Type R Mugen, but despite that sales failure they have decided to punt out a more powerful – and inevitably more expensive – version of the Type R with a bored and stroke 2.2 litre version of the original 2.0 litre in the Type R – the Honda Civic Type R Mugen 2.2.
Caterham F1 team sold: 'F1 hasn't worked' - Fernandes
Wed, 02 Jul 2014Tony Fernandes today sold his struggling Caterham F1 team By John Mahoney Motor Industry 02 July 2014 16:04 Caterham Group has announced it’s sold Caterham F1 to a consortium of Swiss and Middle Eastern investors. Caterham cars is not part of the sale. In a statement issued today, the sale of the team was said to allow the Caterham Group to focus on its ‘core activities’ that include the British car maker.
News watch July 2012: today's auto industry news
Wed, 25 Jul 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Tuesday 31 July 2012•Porsche SE recorded a first half profit of €1.15bn, in comparison with €149m for the same period in 2011. The enormous jump has come not from directly selling cars, but from the group's investments in Porsche Zwischenholding GmbH and Volkswagen AG (Porsche SE)•Reuters suggests Germany's car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.