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Forecasters see slow auto-sales recovery through 2011
Tue, 05 Oct 2010U.S. auto sales in 2010 and 2011 will continue to crawl -- not walk or run -- out of last year's recession, according to forecasters at the Auto Industry Hot Topics Conference here. “It's going to be a long crawl out of this, but we're crawling in the right direction,” said David Wyss, chief economist for Standard & Poor's, which co-sponsored the conference along with J.D.
Climax Sports Racer revealed
Sat, 19 Dec 2009The £92,000 Climax Sports Racer British firm Climax has revealed it’s readying a road-going race-car to rival others in the niche like the Ariel Atom and the Caparo T1. Imaginatively named The Climax Sport Racer the new car gets powered by a Ford 4.6 V8 developing 345bhp with a supercharged version offering 415bhp. All that grunt is driven through the rear wheels by a 6-speed Graziano GT ME1 gearbox.
News watch May 2012: today's auto industry news
Tue, 29 May 2012Welcome 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-hour Friday 1 June 2012• Peugeot-Citoren has been hit hardest by a 17% drop in overall domestic sales during May. PSA saw a 28% fall in sales, with Renault suffering a 14% decline, and Fiat 21%.