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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.
Lexus teases Frankfurt SUV concept (2013)
Wed, 20 Aug 2014By Ollie Kew First Official Pictures 20 August 2014 11:00 Lexus has released the first picture of what’s expected to be its new SUV concept car, bound for the Frankfurt motor show in September 2013. Clearly set to employ the sharp-creased design and huge ‘spindle grille’ cues from the current Lexus range – not to mention the LF-LC coupe concept – Lexus is nevertheless staying tight-lipped on details of its new model. We’ll see the car revealed completely in early September.
Audi R8
Thu, 28 Sep 2006By Ben Oliver Motor Shows 28 September 2006 01:46 The lowdown Audi has unveiled its first mid-engined sports car, the R8. The 420bhp, 4.2-litre V8-powered 911 rival will hit 188mph (or 301kph) and gets to 62mph in 4.6secs. The Lamborghini Gallardo-based supercar will cost an estimated £75,000 when it arrives in the UK in May, with the Audi R Tronic sequential manual costing an extra £5000.