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P1 reborn: the return of the P1 supercar club
Fri, 23 Oct 2009There's been a whopping great global recession, in case you hadn't noticed. P1, which was Britain's original supercar club, was struggling to repay asset finance repayments of £100,000 a month to fund its fleet of droolworthy cars – and nobody would buy supercars when P1 tried to sell. The market for top-end cars had frozen at the exact time that P1 most desperately needed the dosh.Eventually the banks called the loans in, as they had identified the supercar market as wobbly business they didn't want during a banking crisis.
Green Car Award Winners – all more polluting than a Porsche 911
Fri, 16 Jul 2010The Porsche 911 Carrera - less polluting than the What Car Green Car Award Winners Earlier today we did a round-up of this year’s What Car Green Car Award winners. Which many find of interest as they believe the right thing to do is buy a car with low CO2 emissions. Regular readers will know that we are not impressed with the obsession with CO2 and want Governments to stop taxing motorists based on the nonsense that CO2 is harmful, and instead base taxation and future objectives for the car industry on what really matters – emissions from cars that are detrimental to health.
New Peugeot 208 production cut as sales disappoint
Tue, 09 Oct 2012Peugeot is cutting back on production of the new 208 as its sales fail to reach expectations, just six months on from launch. It’s not enough when Europe is ion the midst of an economic crisis and car buyers are polarised between ‘budget’ cars that offer more for less than mainstream offerings and ‘Premium’ models that are bought on the back of a preconceived notion of more kudos. That leaves car makers like Peugeot (and Renault, Citroen, Vauxhall, Ford, Opel, Fiat…) between a rock and a hard place, unable – or unwilling – to compete with the offerings from Korea and saddled with a brand that doesn’t have the ‘class’ of an Audi or a BMW or a Mercedes or even a VW.