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Slump in new car sales is worst since February 2006
Mon, 07 Jul 2008By Nigel Wonnacot Motor Industry 07 July 2008 12:42 It’s finally happened. The new car market has succumbed to the economic slowdown and punters are staying away from showrooms in droves. Latest figures from industry trade body SMMT showed an 11.9 per cent fall in private sales in June to 83,425 cars.
Lotus CEO Dany Bahar on the crisis at Lotus Cars
Tue, 17 Apr 2012Lotus chief executive Dany Bahar has laid bare the business position at Lotus Cars since the takeover of parent company Proton by Malaysia's DRB-Hicom. Norfolk's sports car maker has been buffeted by rumours of financial crisis and looming collapse since development was frozen by the new owners (click here for our coverage of the crisis at Lotus. CAR scored an interview with Bahar at the Hethel headquarters yesterday afternoon. He was abroad at the time of last week's media maelstrom, when rumours and slurs flew around about the state of Lotus's finances.
Porsche 911 GT3 new engine production starts April 22nd 2014
Sun, 13 Apr 2014The new engines for the Porsche 911 GT3 (pictured) start production this month The recall for the Porsche 911 GT3 after a couple of fires forced Porsche to evaluate the cause – and stop further production – now looks to have not only been resolved, but a fix is soon to be available. But Porsche is taking no chances with any sort of sticking plaster fix and is instead building new engines for the 911 GT3, with optimized piston rod screw connection – the cause of the problem – to make sure nothing goes wrong again. Porsche are planning to start production of the revised engine on 22nd April and will be despatching engines out to dealers shortly thereafter for them to fit to the affected cars.