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New MINI Paceman highlighted on video
Sat, 15 Sep 2012With the production version of the MINI Paceman now revealed, MINI has produced a couple of videos to show off its new Coupe. The new MINI Paceman, the Coupe version of the MINI Countryman and MINI’s answer to the Range Rover Evoque, was revealed earlier this week before heading off to thye 2012 Paris Motor Show. And although MINI did manage to produce a whole heap of photos of the new Paceman, there’s nothing quite like a video or two to get proper perspective.
Audi tracks down the last Horch
Fri, 27 Nov 2009The last Horch built, found in the middle of Texas It’s been looking likely for a while that now VW has taken control of Porsche it may decide to rebrand the VW Group as Auto Union. Auto Union was the root of Audi, and was formed in the ’30s when Audi, Horch, DKW and Wanderer joined forces to become Auto Union and pool their resources to cope with the depression (sound familiar?). Which might explain why Audi has been scouring the planet for rare cars from its Auto Union days.
GM posts $6 billion loss, burns $10.2 billion in cash as sales fall
Thu, 07 May 2009General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.