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CAR scoop: GM's $13 billion gamble (2013)
Mon, 30 Sep 2013By Ben Whitworth Motor Industry 30 September 2013 09:45 GM Europe has racked up enormous losses every year since 1999; in 2012 it bled $1.8 billion while GM North America earned $6.9 billion before tax. Yet the Detroit mothership continues to pump billions into its European division, like a deluded gambler convinced his luck will change. Max Warburton, automotive analyst at Wall Street researcher, Sanford C.
Peugeot 308 wins European Car of the Year 2014
Mon, 03 Mar 2014By Ollie Kew Motor Industry 03 March 2014 14:30 The Peugeot 308 has won the 2014 European Car of the Year award. The new family hatchback fought off competition from the likes of the tech tour de force Mercedes S-class and slick-driving new Mazda 3 to take the gong. The 308 also bested BMW’s i3 EV, which won the UK Car of the Year award, and the acclaimed Tesla Model S electric saloon.
New Land Rover Concept at Frankfurt – Project Icon lives?
Thu, 04 Aug 2011New Land Rover Defender Concept expected at Frankfurt Last week AE ran a report that suggested Land Rover were considering dumping the iconic Defender from their range as it was perhaps too difficult to find a cost-effective way to update it. Which we didn’t buy for a minute. As far as we can see, the Land Rover Defender is so iconic that Tata would have to find a way to keep it viable and in production even if they lost money on every Defender they built.