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News watch November 2010: today's auto industry news
Tue, 30 Nov 2010Welcome 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 Tuesday 30 November 2010• Fiat and Opel have signed an agreement whereby Fiat will supply vehicles comprising of several variants to Opel, commencing December 1 (Fiat)• Electric cars will make up 20 per cent of UK car sales by 2016, according to National Grid CEO Steve Holiday (Automotive News Europe)• Toyota has said it will repair 650,000 Prius models worldwide because of a fault with the coolant pump (BBC News)• Porsche look likely to succeed in persuading preferred shareholders to support a €5 billion stock sale becuase the deal may offer the chance to buy into Volkswagen at a discount rate (Bloomburg)• China will become Rolls Royce's biggest market, surpassing America as early as 2011 (Automotive News Europe) Monday 29 November 2010• Bentley has appointd a new CEO to succeed Franz-Josef Paefgen, who's retiring. Porsche R&D director Wolfgang Dürheimer, 52, is now chairman and chief exec of Bentley Motors and Bugatti (Bentley)• In return, Porsche has replaced Dürheimer with Wolfgang Hatz, an internal appointment.
Sleek new Volvo Concept Coupe previews ahead of Frankfurt 2013
Thu, 29 Aug 2013Volvo’s brave new future starts here. In the metal (and aluminium) it’s embodied by this Concept Coupe, a 2+2 grand tourer that evokes the spirit of the classic 1960s P1800. Prepared for this year’s Frankfurt Motor Show the Concept Coupe shows how all future Volvos will look, starting with the XC90 in 12 months’ time.
Bentley and Bugatti get a new boss
Wed, 16 Apr 2014Volkswagen said Audi's former development chief, Wolfgang Duerheimer, will head its Bentley and Bugatti brands. It will be Duerheimer's second stint at Britain-based Bentley and France-based Bugatti. In February 2011, he took the helm at both brands for 19 months, succeeding retiring chief Franz-Josef Paefgen.