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News watch March 2012: today's auto industry news
Fri, 30 Mar 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 Friday 30 March 2012• Fiat is suffering from its decision to suspend new product innovation during the recession, argues ANE. It is losing ground on account of delays to its Punto range, which won't be replaced until 2014, and the ageing Bravo, which was launched in 2007 and has no successor in sight (Automotive News Europe)• Mercedes plans to build the new four-door coupe spun off the A- and B-class architecture at its new Hungarian factory (Automotive News Europe)• Opel denies rumours it may sell the Eisenach factory in east Germany where it builds the Corsa supermini (Automotive News Europe)• Mercedes is cutting the time it takes to build a car from 43 hours in 2008 to nearer 30 hours by 2015, according to production boss Wolfgang Bernhard.
Porsche Carrera GT in Paul Walker crash had six owners in its cross-country life
Sun, 01 Dec 2013Always Evolving's Porsche Carerra GT -- recognizable for its unusual red color and black wheels -- is a difficult car to drive for even professionals, with one top driver calling its handling “scary." Those of us at Autoweek who have driven the car will likely concur. Always Evolving, a car race and tuner store operated by CEO Roger Rodas, a financial consultant who became friends and business partners with actor Paul Walker at a racetrack, acquired the car last spring, and used it often at car shows and in promotional ads. Rodas was driving when the car crashed, killing him and passenger Walker in a California business park Saturday afternoon.
Hyundai & Kia responsible for big positive impact on European economy
Wed, 27 Feb 2013A report by economics consultants London Economics reveals the big positive impact Hyundai and Kia are having on the European economy. We already know that both Hyundai and Kia are looking at 2013 more as an exercise in building their ’Brand’, rather than simply selling more and more credible cars. ‘Brand’ is often as much about perceptions as anything else, so if you can address any possible negatives for your brand, as well as producing cracking products, you’re on to a winner.