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Volkswagen Scirocco Million celebrates a million Sciroccos – but not for the UK
Fri, 03 May 2013A million sales of a particular model of a car is something to celebrate, so Volkswagen is building a special edition Scirocco – the Scirocco Million ()catchy little name) – to celebrate the event. But it’s not exactly a world wide celebration. In fact, VW is only offering the Scirocco Million in Germany and China, which perhaps tells you more about where the Scirocco still ramps up sales than anything else.
Hyundai announces high-perfomance diesels
Wed, 05 Nov 2008By Ben Whitworth Motor Industry 05 November 2008 11:56 Hyundai will significantly boost its diesel appeal in 2009 with the arrival of two new Euro V compliant powerplants that will slot into the next-gen Tucson, Sonata, Santa Fe and i30. The new 2.0 and 2.2-litre diesels feature a third generation common rail system with piezo-electric injectors to deliver fuel at 1800-bar. Fitted with a particulate trap as standard, the 2.0-litre unit develops 181bhp and 289lb ft, while the bigger 2.2-litre unit pumps out 197bhp and 335lb ft of torque.
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.