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Crunch watch Feb 09: the auto industry in crisis
Mon, 02 Mar 2009By Tim Pollard, Ben Pulman and Ben Whitworth Motor Industry 02 March 2009 18:11 Monday 2 March• The Volkswagen Group announces a 5% rise in sales revenues in the 2008 tax year and a 3% increase in operating profits, up to €6.3 billion. Chairman Martin Winterkorn said the group's multi-brand strategy and low CO2 cars had helped sustain sales, although he admitted that 2009 would see a fall in demand and revenues (Volkswagen) Friday 27 February• Jaguar Land Rover announces a significant order for 13,000 cars from a Chinese business. It's a morale boost for JLR which has been hit by a slump in demand with the global slowdown (BBC News)• Opel this afternoon agreed to a restructuring plan designed to save as many jobs and factories as possible – but it needs a €3.3 billion lifeline from the state.
Peugeot 308 CC (2008): first photos
Fri, 11 Jul 2008By Tim Pollard First Official Pictures 11 July 2008 09:26 Peugeot – the pioneer of folding hard tops – today unveils the new 308 CC. It's not a radical coupe cabriolet, but it's a gentle evolution of the 307 CC blueprint: a four-seater family hatch turned convertible.The French company invented the first production opening metal roof back in the 1930s, after a few coachbuilders toyed with low-volume concepts, and then brought them to the mainstream with the 206 CC in 2001. The new 308 CC follows the same formula with a metal roof that somersaults into its loadbed in 20 seconds to leave a completely flat (if long) rear deck.Gobbling boot space as it goes?Naturally, the boot shrinks when the roof is lowered, dipping from 465 litres to 266 when it's stowed.
Audi TT RS gets the green light for America
Tue, 14 Sep 2010After thousands of enthusiasts signed an online petition demanding it, and after solid reviews from the media, including AW, Audi has announced the TT RS will come to the United States. Look for it in showrooms about a year from now. The RS is the performance version of the TT coupe, with a 360-hp, 2.5-liter TSFI turbo five-cylinder engine powering all four wheels through Audi's quattro drive system.