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Karmann files for insolvency
Wed, 08 Apr 2009Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.
Lexus stops sales of some LS sedans
Tue, 25 May 2010Lexus has stopped selling some LS luxury sedans in the wake of a recall for a steering problem. The recall was announced on Monday. Lexus, Toyota's luxury division, is recalling 3,800 units of the 2009 and 2010 LS 460 and LS 600h.
Mini launches 'Inspired by Goodwood'
Thu, 21 Jul 2011Mini has just held a launch party in Germany for the new ‘Mini inspired by Goodwood'. Unveiled at Pavillon 21 Mini Opera Space, a temporary mobile performance venue located on the Marstallplatz in Munich, the new trim level was developed by designers working in both the Mini and Rolls-Royce design studios. Finished in a cornsilk beige hue (a color typical of Roll-Royce interiors), the Mini Inspired by Goodwood's cabin exudes an air of sophistication found on premium, luxury products – right down to the lamb's wool carpeting.