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News watch July 2012: today's auto industry news
Wed, 25 Jul 2012Welcome 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 31 July 2012•Porsche SE recorded a first half profit of €1.15bn, in comparison with €149m for the same period in 2011. The enormous jump has come not from directly selling cars, but from the group's investments in Porsche Zwischenholding GmbH and Volkswagen AG (Porsche SE)•Reuters suggests Germany's car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.
Land Rover Defender XTech: Take 2 for 2012
Mon, 09 Jul 2012Apparently, we herald the arrival of the Land Rover Defender XTech special edition today – just 18 months after the last Defender XTech Special Edition. Don’t misunderstand, we love the Land Rover Defender. But it’s just 18 months since the last Land Rover Defender XTech arrived as an ‘Urban Warrior’ Defender with Black or Silver paintwork and 16″ Saw Tooth Alloys.
Koenigsegg Trevita revealed
Thu, 10 Sep 2009The new Koenigsegg Trevita, with diamond finish Carbon Fibre This is the first time that Koenigsegg’s visible carbon weave has been produced in anything other than bog-standard black. But in the Treviat it looks stunning – it shimmers in a way its namesake would be proud of. The CCXR Trevita will – we assume – come with the same bio-fuel engine as the CCXR Edition, as Koenigsegg has told us that this car will produce the same mammoth 1018 bhp, and sub-3 second 0-60, as the Edition.