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News watch Sept 2010: today's auto industry news

Welcome 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 Wednesday 29 September 2010• Porsche today posted record turnover, off the back of rising sales. It announced an 18% leap in annual turnover to €7.8 billion while sales rose 9% to 81,500 vehicles, up from 75,238 the previous year.

German Parts Pillagers Roam the American Southwest, Sending Treasures Home For Future Car Museum

Quite a few older European cars are purchased in rust-free parts of the United States and then shipped back to the home continent, and this process tends to intensify when the Euro gets stronger versus the dollar. While that's going on, crews of European gearheads also roam the wrecking yards of the Southwest, filling shipping containers with parts to ship back home; I know of a trio of Swedes who come to Colorado every year and ship home tons of parts, but they've got nothing on this pair of Germans. These gentlemen fly to the United States four times each year, spending two or three weeks each trip, and send home cars and shipping containers packed with parts, all as part of a scheme to open up a car collection showcasing "cars from the road." They were kind enough to send me a bunch of photos of their most recent trip, so let's see what their enviable lifestyle looks like.

CAR interviews Renault’s electric car chief Thierry Koskas (2011)

CAR recently had dinner with the head of Renault’s electric car programme, Thierry Koskas. We grilled him on the finer points of Renault’s ambitious EV plans, asked him how on earth Renault will make money on it and probed him for the truth on the espionage scandal. Read on for our interview with Renault’s EV boss.