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Concept Car of the Week: Matra Laser (1971)
Fri, 12 Apr 2013Founded in 1937, French company Matra began its activities by manufacturing military equipment such as aeronautics and weaponry. In the mid ‘60s, under Jean-Luc Lagardere's ambitious direction, the company bought Automobiles Rene Bonnet to expand its portfolio with street and racing cars. The first model solely developed by Matra was the bonkers, but brilliant, 1967 M530, which took its name from the company's surface-to-air missile the R530.
News watch April 2012: today's auto industry news
Mon, 30 Apr 2012Welcome 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 30 April 2012• Kia posted global first quarter 2012 profits up 26%, with sales up 12% worldwide. 635000 new Kias found homes, 79000 in Europe (up 24.6% on 2011 in a total market which contracted 7.1%), with the USA now Kia's largest market ahead of Korea.
Chinese car maker Geely to launch in UK in 2012
Tue, 06 Dec 2011Chinese car maker Geely – better known for its ownership of Volvo – will launch in the UK in late 2012. Parent company Geely International Corporation has struck a deal with Manganese Bronze Holdings to be its distributor in the UK market. MBH is the parent company of The London Taxi Company, which manufactures the iconic black cab in Coventry.