Honda Civic Red Jdm Emblem on 2040-parts.com

UK car market slumps to 'worst since 1966'

Britain's new-car market is nosediving. Purveyors of big expensive cars – like Porsche – are experiencing that sinking feeling By Tim Pollard Motor Industry 05 September 2008 07:07 Credit crunch, spiralling oil prices, fragile consumer confidence... It's small wonder that the UK's car market is in turmoil.

Lotus to create 100 new jobs (2013)

Lotus is bouncing back from the five-car plan debacle that saw its CEO Dany Bahar dismissed for professional misconduct, and an ambitious plot to launch a Porsche-slaying five-car range go up in smoke without so much a test mule spy shot. The Norfolk-based outfit has announced today the creation of 103 new jobs to meet rising demand not just for its cars, but the brand’s legendary car set-up skills too. It follows a £100m investment from parent DRB-HICOM earlier in 2013.

Bentley plans to add four-seat sports car, crossover to lineup

Bentley Motors is looking to add a four-seat sports car and a crossover vehicle to its lineup, using borrowed platforms from Volkswagen Group siblings Porsche and Audi, its top executive said. In an interview during the Pebble Beach Concours d'Elegance, Bentley CEO Wolfgang Duerheimer said the crossover would borrow from the Audi Q7 and Porsche Cayenne platforms. While the crossover may carry a V12 engine like the rest of the Bentley lineup, Duerheimer said, "not everyone needs to have a V12." Duerheimer, who oversaw Porsche's push into SUVs as the company's development chief, said he "knows what is possible" in bringing a luxury brand into new segments.