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P1 reborn: the return of the P1 supercar club
Fri, 23 Oct 2009There's been a whopping great global recession, in case you hadn't noticed. P1, which was Britain's original supercar club, was struggling to repay asset finance repayments of £100,000 a month to fund its fleet of droolworthy cars – and nobody would buy supercars when P1 tried to sell. The market for top-end cars had frozen at the exact time that P1 most desperately needed the dosh.Eventually the banks called the loans in, as they had identified the supercar market as wobbly business they didn't want during a banking crisis.
BMW revives four-cylinders for better mileage
Thu, 01 Sep 2011BMW is bringing four-cylinder engines back to the U.S. market as one response to the scheduled increase in fuel-economy regulations. BMW quit selling the four-cylinders for its 3-series lineup in 1999 because of low demand, but gasoline cost only $1.14 per gallon at the time.
Beaulieu Sets Its Sights On A World Record Attempt
Mon, 10 Feb 2014IT MIGHT be best known for its collection of weird, wonderful and historically significant cars, but the National Motor Museum at Beaulieu is now reaching out to anyone with an interest in toy cars. As part of its bid to break the current world record for the longest line of toy cars, Beaulieu is asking for donations in order to topple the current record of 9,795, set in Guatemala last December. The attempt will be held in the grounds of the attraction with a continuous line, one kilometre long, of at least 10,000 cars placed end to end, starting and finishing inside the museum.