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Ontario, California, US
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Skoda Fabia vRS to be dropped due to poor sales. Is that a good idea?
Fri, 13 Sep 2013The Skoda Fabia vRS (pictured) is being axed The current version of the Skoda Fabia vRS has been with us since the Geneva Motor Show in 2010, and it’s a cracking little car. It’s the Skoda version of the VW Polo GTI and comes with the same 1.4 litre TSI supercharged with a healthy 178bhp, 7-speed DSG gearbox and performance and economy that satisfies – 0-62mph in 7.1 seconds and 44mpg. But it seems buyers aren’t queueing round the block to drive off in Skoda’s hot little Fabia so it’s going to be dropped.
News watch March 2011: today's auto industry news
Thu, 31 Mar 2011Welcome 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-hour Thursday 31 March 2011• US President Barack Obama has strated all US government cars and trucks purchased from 2015 must be alternative-fuel vehicles (Automotive News)• Nissan CEO Carlos Ghosn has denied a report in Japan's Nikkei newspaper that he is leaning towards a formal merger of Nissan and Renault (Reuters)• Fiat CEO Sergio Marchionne says that Chrysler's share IPO may now take place in 2012, depending on financial progress this year (Bloomberg)Wednesday 30 March 2011• Tesla CEO Elon Musk has called a report that the EV carmaker is a takeover target 'bad analysis' and remains confident the firm will stay independent (Bloomberg)• The BBC denies that it rigged a December 2008 Top Gear TV test of the Tesla Roadster, in response to being sued by the EV carmaker (BBC News)• First Group, the UK's largest public transport operator, has announced a £160m investment in new buses, ordering 955 new buses from UK manufacturers Wrightbus and Dennis over the next two years (BBC News)• Japanese production woes look set to continue into April. Toyota expects the majority of Toyota and Lexus production on 14 April (Automotive News)• Saab production has re-started again, following a half yesterday afternoon.
Hammer Falls On Record Silverstone Auctions Sale
Tue, 29 Jul 2014RECORDS were broken at the recent Silverstone Auctions event, as the two day sale generated more than £5 million and secured some of the highest prices seen to date. One highlight of the sale was a 1979 Ferrari 308 GTS, which was hammered away for a premium inclusive £82,225 - more than £50,000 over its lower estimate and a world record for the model. Not to be outdone, a 1989 Ferrari 328 GTS sold for a premium inclusive £77,050, breaking another world record.