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Porsche buys Nardo for high-speed tests
Wed, 11 Apr 2012Porsche has announced it is to take ownership of the famous Nardo Proving Ground in southern Italy. The company's engineering consultancy wing, the Porsche Engineering Group, will assume ownership as of May 2012. Nardo is currently owned by Italian firm Prototipo SpA. No fee has been disclosed by either party.
2012 Nissan GT-R Track Pack costs £10k
Thu, 08 Dec 20112012 Nissan GT-R Track Pack - £10k extra Nissan reveals that the Track Pack for the 2012 GT-R will add £10 to the price of a regular GT-R. Due in the UK March 2012. One of the joys of driving on the left in the UK is that we get a lot of the stuff on Japanese cars that really isn’t available in lhd markets.
Crunch watch Feb 09: the auto industry in crisis
Mon, 02 Mar 2009By Tim Pollard, Ben Pulman and Ben Whitworth Motor Industry 02 March 2009 18:11 Monday 2 March• The Volkswagen Group announces a 5% rise in sales revenues in the 2008 tax year and a 3% increase in operating profits, up to €6.3 billion. Chairman Martin Winterkorn said the group's multi-brand strategy and low CO2 cars had helped sustain sales, although he admitted that 2009 would see a fall in demand and revenues (Volkswagen) Friday 27 February• Jaguar Land Rover announces a significant order for 13,000 cars from a Chinese business. It's a morale boost for JLR which has been hit by a slump in demand with the global slowdown (BBC News)• Opel this afternoon agreed to a restructuring plan designed to save as many jobs and factories as possible – but it needs a €3.3 billion lifeline from the state.