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Jaguar C-X75 heading up the hillcimb at Goodwood Festival of Speed
Fri, 12 Jul 2013The Jaguar C-X75, pictured at Goodwood ahead of its Supercar run Jaguar are pulling out all the stops for this year’s Goodwood Festival of Speed with not only their latest performance cars but the debut of the Jaguar Project 7, an F-Type R with the DNA of a D-Type. But they’ve topped all that by deciding that their canned supercar project – the Jaguar C-X75 – deserves a proper outing in public. Jaguar only have five development versions of the C-X75, but they’ve taken one to Goodwood – although it’s not on display – and are wheeling it out over the weekend to take part in the Michelin Supecar run up the hill.
VW announces seven-passenger CUV at Detroit auto show
Mon, 13 Jan 2014Last year at the Detroit Auto Show, VW showed the CrossBlue concept. Built on VW's new MQB modular architecture, the CrossBlue was designed to both showcase the versatility of MQB (it also underpins the upcoming Golf, the new Audi A3, as well as SEAT and Skoda models) and illustrate that VW was serious about the seven-passenger market in the United States. Prior to the Frankfurt motor show, we took the CrossBlue for a spin.
GM posts $6 billion loss, burns $10.2 billion in cash as sales fall
Thu, 07 May 2009General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.