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Fri, 20 Sep 2013Hot on the stripped-down heels of the Caterham Seven 165 and Caterham 620R, the company revealed a next-generation vehicle, the AeroSeven Concept. The company’s newest road car benefitted from the entire portfolio of Caterham companies including Caterham Technology & Innovation, Caterham F1 Team, Caterham Composites and Caterham Cars. The company says the new concept hints at a future styling direction, including the new sports car that is being developed in conjunction with Renault, due in 2016.
News watch December 2010: today's auto industry news
Sun, 31 Oct 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-hourFriday 31 December 2010• A judge in Manhattan has dismissed two lawsuits from hedge funds claiming for $2bn losses when it bought VW shares in 2008. Elliott Associates LP, Black Diamond Offshore and 39 other funds filed a complaint, claiming Porsche misled short-sellers who hadn't realised that Porsche had cornered the market in VW shares (Automotive News)Thursday 30 December 2010• Volvo plans to hire an extra 200 staff as it claims demand for its cars is rising.
Packard 1108 Twelve wins Pebble Beach concours
Mon, 19 Aug 2013The 1934 Packard 1108 Twelve that won the Pebble Beach Concours d'Elegance in a perfect coat of dark green paint was once a lowly taxi cab prowling the streets of Puerto Rico in roughly applied red and orange livery. "A gentleman named Ricardo Ricasta bought it in New York in 1934 and the car returned to Ricasta's original home in Puerto Rico for a while," owner Joseph Cassini said. "When he passed away and the family had no interest in the car, it became a taxi cab for a while." Imagine hailing a cab in downtown San Juan and this magnificent Packard rolls up.