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UK car sales slump as credit crunch bites

By Nigel Wonnacott Motor Industry 07 July 2008 13:18 It’s finally happened. The new car market has succumbed to the economic slowdown and punters are staying away from showrooms in droves. Latest figures from industry trade body the SMMT showed an 11.9 percent fall in private sales in June 2008 to 83,425 cars.

Porsche 911 GT3 (2013) first official pictures

This is the new Porsche 911 GT3, a hardcore version of Stuttgart's 50-year old iconic sports car. It's just been unveiled on the eve of the 2013 Geneva motor show. To some it’s yet another 911 variant, but to many more this track-focused GT3 is the most anticipated Porsche of 2013, new 911 Turbo and 918 Spyder included.

Umea Olme Spyder project

While Swedish automaker Saab was going through tumultuous times and Geely was in the process of buying Volvo from Ford, first year MA students in Transportation Design at Sweden's Umea Institute of Design were busy creating a one-off roadster for an independent car maker: the Olme Spyder. Created in collaboration with Ove Bengtsson, an engineer with a personal passion for building his own vehicles, the students were asked to design their own interpretation of a progressive and innovative roadster, developing the concept from a sketch into a full-scale model. Based on an Opel Agila donor car, the concept's 650kg steel monocoque chassis was created by Bengtsson himself to accommodate a mid-mounted engine.