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Hyundai incentive includes job loss insurance
Tue, 06 Jan 2009During a focus group meeting in late November, Joel Ewanick, Hyundai Motor America's vice president of marketing, realized no matter how much cash Hyundai piled on the fenders, it probably wasn't going to get buyers into showrooms. Not when they were worried about losing their jobs. "The question for consumers right now is what is going to happen to their income in 2009," Ewanick told Automotive News.
Volvo drops plans to compete in the luxury F-Segment car market
Tue, 23 Apr 2013In fact, at the Shanghai Motor Show in 2011, Volvo delivered the Concept Universe car which we all though was pointing the way to what could be a Volvo S90; Volvo’s luxury car for Chinese plutocrats. It sported a rather strange ‘East meets West’ design language with a very odd nose and lots of curves, and it wasn’t exactly showered in plaudits. But that didn’t stop Volvo coming back at Frankfurt in 2011 with an altogether more convincing concept – the Volvo Concept You – that sported a much clearer vision for a future luxury Volvo.
Porsche rejects BlueSport Concept
Thu, 14 May 2009Porsche has rejected the BlueSport concept as a new entry-level Porsche The VW BlueSport concept debuted at the Detroit Motor Show in January, and offered the prospect of an economical, fun roadster from the VW group. But at the time VW made it clear that the car would have to work across three of its brands to be viable. VW are obviously up for the project, and Audi look likely to go along with BlueSport with the planned E2 Roadster.