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Crunch watch July 09: the auto industry in crisis
Fri, 31 Jul 2009By Tim Pollard, Ben Pulman, Ben Whitworth and Alex Michaelides Motor Industry 31 July 2009 11:23 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 31 July 2009• Lamborghini today posted pre-tax profits of €5.4 million – despite a sales drop of 37% in the first six months of 2009. Sant'Agata said turnover hit €156.9m in the first half (down 43%) as it sold 825 cars globally (Lamborghini)• British motorists could have to pay £250 in tax to park at work from 2012.
GM repays Government loans – sort of
Fri, 30 Apr 2010GM Loans repaid early - or are they? We can’t deny that GM are making a pretty good job of rising Phoenix-like from the ashes of their effective bankruptcy. A new focus on cars that are relevant for our times instead of a fixation with dated products and dated management has certainly helped.
Chevrolet Cruze Hatchback – Paris debut
Fri, 03 Sep 2010The Chevrolet Cruze Hatch - will show at Paris Chevrolet are trying hard in Europe. Last year we saw the launch of the Chevy Cruze in to Europe – before even the US got it – and we recently reported on the Chevrolet Orlando MPV which is due to debut at Paris in a few weeks. And now we get the hatchback version of the Chevy Cruze, catchily called the Chevrolet Cruze Hatch.