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Jaguar and Williams F1 to partner on C-X75 hybrid supercar technology
Fri, 06 May 2011Jaguar is teaming up with Williams F1 to put a limited run of $1.1 million C-X75 hybrid-powered supercars into production in late 2013 with a crucial partnership that links two storied British companies to develop cutting-edge technology. Jag and Williams have been working on a production plan for the C-X75 since January and will share development over the next few years. “Williams has expertise in composite structures, advanced powertrains, aerodynamics, low-volume production and speedy production development,” said Bob Joyce, Jaguar Land Rover's chief engineer.
Car sales plunge, Bank of England cuts rates
Thu, 06 Nov 2008New car sales plunge in October: Renault sales were down by more than half By Nigel Wonnacott Motor Industry 06 November 2008 12:30 Following the sixth monthly decline in new car sales this year (down 23% this month), economists have revised market forecasts downwards, while the Bank of England has cut interest rates by 1.5%. October’s 23% drop was the worst so far and trade body SMMT now fears sales could end the year at just 2.15 million cars. That’s 8% lower than the 2.34 million predicted to leave showrooms back in January and would be the worst market performance in more than a decade.
Dacia to roll out all-new range for UK 2012 launch
Fri, 14 May 2010By Tim Pollard Motor Industry 14 May 2010 07:13 Dacia is renewing its entire line-up in time for the planned UK launch in late 2012. The new Duster SUV, driven by CAR Online this month, is only one of a collection of new models that will be ready in time for the British launch. 'The new Logan will be ready in time for the 2012 UK market launch,' said Renault and Dacia's global marketing chief, Stephen Norman.