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Karmann files for insolvency
Wed, 08 Apr 2009Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.
Honda at the Paris motor show 2008
Thu, 02 Oct 2008By James Foxall Motor Shows 02 October 2008 10:35 Honda’s Paris stand was largely devoted to clean and affordable motoring. There was the latest Jazz and a new six-speed gearbox. But the real excitement was reserved for the new second-generation Insight, whose low price Honda believes will lure a whole new raft of buyers to hybrid motoring. This bears about as much relation to the wild-looking Insight coupe of old as the Jazz does.
New Freelander prices revealed
Wed, 20 Sep 2006By Nathan Millward Motor Industry 20 September 2006 01:55 Land Rover's new Freelander is more powerful, refined, spacious – and pricier. The range will kick off at £20,935, and first deliveries are due in November. The new Freelander range is five-door only, and Land Rover is launching with the most potent engine versions: a 158bhp 2.2-litre diesel and a 229bhp 3.2-litre straight six petrol.