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Caterham reveals new SP/300R race car
Thu, 13 Jan 2011British specialty-car maker Caterham unveiled its new SP/300R sports prototype race car and a plan for creating a one-make series in 2012 on Thursday at the Autosport International Show in Birmingham, England. The SP/300R is powered by a supercharged 2.0-liter Ford Duratec four-cylinder engine. It produces 299 hp and 213 lb-ft of torque.
Crunch watch Dec 08: the auto industry in crisis
Wed, 31 Dec 2008By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.
Porsche Panamera Sport Turismo on the move (video)
Tue, 11 Dec 2012As a clear sign that the Porsche Panamera Sport Turismo is heading for production, we have a new video of the Sport Turismo in detail. That view is reinforced with the arrival from Porsche of video of the Panamera Sport Turismo on the move and input from a pair of talking heads – Advanced Design Style man Mitja Borkert and Michael Mauer, head of the Porsche Design Studio – giving us an insight in to the thinking behind the Sport Turismo. ‘Good design is important, because everyone loves beautiful things’, says Mitja Borkert, although some would say that function has been more important than form for Porsche in the past.