Ferrari: The Early Berlinettas & Competition Coupes Book Dean Batchelor Vg+  on 2040-parts.com

News watch August 2010: today's industry news

Welcome 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-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.

Jaguar adds AWD, new four- and six-cylinder engines to 2013 lineup

Jaguar is offering the option of all-wheel drive on the XF and XJ sedans for 2013 models, and adds supercharged four- and six-cylinder engines to the XF. Also, all automatic XF and XJ sedans will use a new eight-speed transmission from German supplier ZF, as Jaguar looks to boost the fuel economy of its vehicles. Powertrains get the most significant changes for Jaguar in the 2013 model year.

New Porsche 928 revealed?

The sketch from the Porsche Consulting web site It’s a fair question when you see the sketch above – is this the new Porsche 928? Especially when you learn that this sketch was produced by Porsche and is in the header of the Porsche Consulting web site. And we’ve had some strong rumours that Porsche are working on a 21st century 928.