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New Porsche Cayenne drives Porsche profits – up 25 per cent
Fri, 28 Oct 2011Porsche Profits up 25 per cent - driven by Porsche Cayenne sales Building the Cayenne will be the end of Porsche, cried the Porsche anoraks when Stuttgart entered the SUV fray with the Cayenne back in 2003. But nothing could be further from the truth. As we’ve pointed out endlessly, the lure of a capable and sporty SUV with an iconic badge is a license for Porsche to print money.
Daimler, Renault are set to share vehicle platforms and engines
Wed, 31 Mar 2010Following a year of intensive high-level talks and secretive, behind the scenes strategy meetings, Daimler AG and Renault SA have agreed on plans that will see their car-making divisions--Mercedes-Benz, Smart, Renault and Nissan--share resources on a wide range of products. The move signals more consolidation within the European automotive industry. Daimler chairman Dieter Zetsche and Renault president Carlos Ghosn have set out three primary areas of cooperation that will see the carmakers share small-car and light-commercial-vehicle platforms, small gasoline and diesel engines, and electric drive systems.
Bad British drivers 'in denial'
Mon, 18 Nov 2013A NEW study has uncovered the extent to which British drivers will stubbornly refuse to admit being wrong or behaving badly on the road. Almost all (98.7%) UK motorists believe they are safe drivers, but only 22.6% of those who had an accident admitted being at fault, which seems to display a degree of denial in British drivers when it comes to behaving badly on the roads. Carrot Insurance, which specialises in providing telematics-based policies to 17-24-year-olds, carried out the survey ahead of this week’s National Road Safety Week campaign and discovered several surprises.