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The €2000 car
Fri, 15 Jun 2007By Tim Pollard Motor Industry 15 June 2007 08:28 The market for bargain basement cars costing as little as €2000 (£1400) is about to grow dramatically. CAR Online is reporting from Bosch’s annual technology seminar all week – and we grilled the bosses at the world’s biggest components supplier to find out about the soaring demand for cars priced under €7000 (£4900). Bosch’s president of gasoline systems, Wolf-Henning Scheider, said: ‘According to our estimates, this vehicle class will reach a share of 13 percent of the world market in 2010.
Production output decline slowing
Fri, 24 Jul 2009By Alex Michaelides Motor Industry 24 July 2009 12:09 It appears there may be some light at the end of the tunnel for ailing car manufacturers as the most recent vehicle production figures are released. The data, presented by the Society of Motor Manufacturers and Traders (SMMT), show that, while production levels are still on the decline, the pace at which they are declining is slowing. Car production figures for June 2009 are still down by 30.2% compared with this time last year, however this is an improvement on the 50.2% by which production is down so far this year.
Audi R8 V10 – Cheaper than we thought
Thu, 15 Jan 2009The magnificent Audi R8 V10 was officially launched at Detroit this week (although we brought you details on the R8 V10 over a month ago!), and it will cause some real problems for car manufacturers at this level – most noticeably Porsche. Which could be a problem, as Porsche owns Audi! Audi R8 V10 - Cheaper than we thought The R8 V10 seems something of a bargain at £99,575 OTR (or £104,665 for the R-Tronic), particularly if you compare cars with similar performance, such as the F430, which is nearly £40k more.