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Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.

Alpine Celebration At French Historic Endurance Event

RENAULT will be out in force at this weekend’s Le Mans Classic. The historic alternative to the highly charged modern Le Mans 24-hour endurance race has proven popular with fans, and the French car maker will be celebrating its Alpine sub-brand by running three cars. This seventh running of the classic race will see an Alpine M65, Alpine-Renault A110 and Alpine-Renault A443 take to the famous circuit.

McLaren MP4-12C Spider (2012) first teaser photo

McLaren today issued this first teaser photograph of the second model in its fledgling road-car line-up: the new McLaren MP4-12C Spider. No prizes for spotting it's a convertible version of the existing MP4-12C coupe. Expect it in showrooms later in 2012, priced to compete with the £198,936 Ferrari 458 Spider.