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Kia Proceed GT (2013) first sketch of Kia's sporty hatch
Tue, 27 Nov 2012Here's Kia's answer to Volkswagen's Golf GTi and Ford's Focus ST - the Proceed GT. It's a hot hatch with a 200bhp 1.6-litre petrol engine, and will cost just over £20,000. Look out for its reveal at the 2013 Geneva motor show, with sales starting in summer 2013.
CAR Magazine's Fantasy League Formula 1
Tue, 23 Mar 2010Ever cursed Ferrari or McLaren's tactics, felt sure some of F1's minnows could do better with their multi-million dollar budgets, or accurately predicted the F1 champs over the past ten seasons? Well now it's your chance to prove just how good your knowledge of F1 is, by joining CAR Online's new Fantasy League Formula 1 team. As a Fantasy League F1 manager your job is to select six real-life drivers and one constructor - from your $100m budget you can put all your money behind a big name, share the risk or use the lucky dip selector. Entry costs just £10 and there are plenty of prizes on offer after each GP race: £5000 in cash and a luxury trip for two to the 201 Monaco Grand Prix for CAR's overall Fantasy League Formula 1 champion £100 and a copy of the official F1 video game for every race winner A racing experience at Brands Hatch for you and a friend Cash prizes for managers finishing in 2nd to 10th place And consolation entries into the 2011 game for managers finishing in 11th to 20th placePoints will be awarded after each race weekend, and prizes announced.
GM officially bankrupt
Mon, 01 Jun 2009GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).