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News watch October 2011: today's auto industry news
Mon, 31 Oct 2011Welcome 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-hourMonday 31 October 2011• The two companies planning to buy Saab - China's Youngman and Pang Da - have agreed to pay a €50 million bridging loan, court documents show. And they are pledging €610m in long-term funding from 2012, according to ANE (Automotive News Europe) • Martin Winterkorn, the CEO of the Volkswagen group, says he is pleased with the performance of Seat and Skoda.
Ferrari theme park
Thu, 08 Feb 2007By Tim Pollard Motor Industry 08 February 2007 08:02 A Ferrari theme park? This sounds rather naff... We've already seen Ferrari's licensing skills produce a range of merchandise from sunglasses to laptops - and now it's taking on Disneyland with the prancing horse's very own theme park.
Tesla Model S Performance is the quickest electric car…in the world
Tue, 29 Jan 2013A Tesla Model S Performance has set a world record as the fastest production electric car with a 1/4 mile run of just 12.371 seconds. Yes, we still believe – certainly with the current and prospective battery technology – that the only real use an electric car has is as a small urban runaround or a local deliver vehicle. But that doesn’t stop us being impressed by the Tesla Model S.