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Policy, green cars take center stage at Washington auto show
Thu, 26 Jan 2012Public policy and the ultimate impact it has on consumers' cars was the hot topic on Thursday at the Washington auto show, as companies vied to show off and explain their latest fuel-efficient technologies under the watchful eyes of regulators and government officials. Notably, Chevrolet announced plans to roll out an "Ecologic" environmental label on the 2012 Sonic, with other vehicles to follow. Sort of like nutrition labels for food, Chevy's version will explain the environmental impact of cars throughout their life cycles.
News watch February 2012: today's auto industry news
Wed, 29 Feb 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-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe) • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.
New SEAT Leon ST Estate revealed
Tue, 23 Jul 2013The New SEAT Leon ST Estate (pictured) has been revealed ahead of a Frankfurt debut As estate cars have become more stylish, more and more buyers have fallen in love with the idea of a ‘Wagon’ version as their family transport, as it now offers little downside and much more practicality. So it’s no wonder SEAT has decided to bite the bullet and launch an Estate version of the Leon – the Leon ST – as the third model in the Leon line-up. The ST estate shares its wheelbase with the five-door Leon but gets a small – and reasonably stylish – shed bolted on the back to offer 587 litres of space with the seats down and a reasonably commodious 1470 litres with the seats down.