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KTM halts production of the X-Bow two-seater as inventory grows
Mon, 24 Aug 2009With sales well below expectations and 80 units reportedly unsold, Austrian motorcycle company KTM has temporarily halted production of the ultralight X-Bow two-seat sports car. KTM officials originally expected sales of 1,000 units a year. But that lofty goal is being scaled back to between 200 and 300 units a year.
Fuel protests halt Spanish car production
Mon, 16 Jun 2008By Dimitri Pesin Motoring Issues 16 June 2008 10:25 Fuel protests in Europe triggered by the soaring cost of fuel have drastically reduced car production in Spain this month. Last week's truck blockades and fuel depot pickets in Madrid caused car plants around the country to cut production. Seat, Citroen Peugeot, Ford, Nissan, Renault and Mercedes-Benz all have factories in Spain and most said they were affected.Seat production slashed by 40 percentSeat said its main Martorell plant was operating at 40 percent capacity, with production of the Leon and Altea models severely affected. However, the protests won’t delay sales of the new Ibiza, a spokesman promised, and assembly of cars in the factory is expected to return to normal this week.
Peugeot 508 – Price & Spec detail
Thu, 06 Jan 2011Peugeot 508. Prices start at £18,150 Three months on from the public debut of the Peugeot 508 at the Paris Motor Show – and three months before it hits the road in the UK – Peugeot has dropped us details of the model and engine range – and the all important Peugeot 508 prices – to help buyers find a reason to toddle off to their local Peugeot dealer and stick an order in. This early – and without having driven the 508 – we can’t say if it’s a good car or not.