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News watch November 2010: today's auto industry news
Tue, 30 Nov 2010Welcome 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 Tuesday 30 November 2010• Fiat and Opel have signed an agreement whereby Fiat will supply vehicles comprising of several variants to Opel, commencing December 1 (Fiat)• Electric cars will make up 20 per cent of UK car sales by 2016, according to National Grid CEO Steve Holiday (Automotive News Europe)• Toyota has said it will repair 650,000 Prius models worldwide because of a fault with the coolant pump (BBC News)• Porsche look likely to succeed in persuading preferred shareholders to support a €5 billion stock sale becuase the deal may offer the chance to buy into Volkswagen at a discount rate (Bloomburg)• China will become Rolls Royce's biggest market, surpassing America as early as 2011 (Automotive News Europe) Monday 29 November 2010• Bentley has appointd a new CEO to succeed Franz-Josef Paefgen, who's retiring. Porsche R&D director Wolfgang Dürheimer, 52, is now chairman and chief exec of Bentley Motors and Bugatti (Bentley)• In return, Porsche has replaced Dürheimer with Wolfgang Hatz, an internal appointment.
Toyota chief: Scion in no danger of shutdown
Tue, 11 Jan 2011Despite three years of lackluster sales, Toyota's Scion youth brand is not in danger of being shut down, Toyota Motor President Akio Toyoda said. “There is no concern, no danger for Scion in the future,” Toyoda said in a roundtable interview with journalists at the Detroit auto show on Monday. Scion's U.S.
Driven: Mini Countryman
Tue, 07 Sep 2010There has been no more contentious a car launched this year than the Mini Countryman. It's been labeled by some as sacrilegious to the very essence of the Mini brand, of 'selling out' and, yes, of being ugly. But does the concept of a four-meter Mini translate to use in the real world?