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Bentley will return to top-level motorsport
Fri, 12 Aug 2011Bentley will return to top-level motorsport, new chief executive Wolfgang Durheimer has revealed. Bentley pulled out of racing after its 2001-2003 stint at Le Mans, culminating in an outright win in its last year at the 24-hour race. But Durheimer, who was previously Porsche's R&D chief and who now runs the Volkswagen Group's entire motorsport division, is keen that Bentley will return to the track and revive Crewe's long and storied motorsport history.
News watch February 2012: today's auto industry news
Wed, 29 Feb 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 Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe) • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.
2011 VW Eos facelift starts at £22,895
Fri, 26 Nov 2010VW EOS 2011 Priced There was nothing much to get too excited about with the 2011 facelift for the Volkswagen Eos. When VW revealed the Eos facelift last month at Frankfurt there was little more on offer than a bit of a nose job to bring the Eos up to date with Volkswagen’s family nose. True, VW has played a bit at the back end and there’s talk of more ‘Premium’ interiors on the 2011 Eos, but it all adds up to not very much.