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Audi R5, Porsche 550, VW Bluesport 'on hold'
Tue, 17 Jan 2012Numerous indications are pointing to the exciting mid-engined VW, Porsche and Audi sports cars being on ice. The group had been collaborating to develop the VW Bluesport, Porsche 550 and Audi R5 - some observers had hailed the new roadsters as the Elise from Germany. Porsche doubts over the 550 But at the weekend Porsche CEO Matthias Muller told German business rag Wirtschaftswoche that he was worried a cheaper Porsche may dilute the brand's image.
Koenigsegg Agera One:1 is world’s first “megacar”
Sat, 01 Mar 2014Even in a world recently introduced to the Ferrari LaFerrari (sold out), McLaren P1 (sold out) and Porsche 918 Spyder (er… ) hypercars, boutique Swedish supercar maker Koenigsegg has just made an extraordinary announcement. At the 2014 Geneva Motor Show, it will reveal the Agera One:1 – which Koenigsegg has dubbed the world’s first "megacar". Thing is, having looked at the spec, we believe it.
Vauxhall and Opel 'not for sale' - CEO Akerson
Thu, 28 Jul 2011GM chief executive Dan Akerson has overnight dismissed claims that its Vauxhall/Opel European division is for sale. CAR's European editor Georg Kacher, and media outlets in Germany, reported last month that German chancellor Angela Merkel had weighed in to the debate and encouraged Volkswagen to step in and take GM Europe off GM's hands. Vauxhall and Opel have also been linked to a possible sale to the Chinese.