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Lotus: Lotus Evora available from Spring 2009
(02/09/2008)

The first all-new Lotus since the iconic Elise made its debut in 1995, The Evora enters the sports car market as currently the world’s only mid-engined 2+2. Powered by a Lotus-tuned 3.5-litre V6 engine producing 280 PS, and weighing just 1350 kg (prototype specification), the Evora promises superior performance. During preliminary testing around the famous Nürburgring, the Lotus chassis engineers report that it is extremely agile and great fun to drive - even when clad with the full developm... [more]

Lynx Group International: Electric scooter for less than £1,000
(21/07/2008)

Everyone who commutes knows that getting to work in a busy city can be expensive, hectic, stressful, slow and not always environmentally friendly. Thankfully Firebox.com has the answer for cash-conscious commuters: a fully road legal, electric scooter for less than £1,000. The Ego Street Scoota™ is avoiding congestion charges and cutting out queues, but also the best bit is that you don't need to buy petrol or pay road tax. Powered by an onboard battery (recharged via the mains), it boasts a ... [more]

Liberty Electric Cars: Liberty Electric Cars re-engineeris luxury cars and 4 x 4s into high performance electric vehicles
(05/06/2008)

The market for electric cars is still in its early stages, however exponential growth is expected as legislation, social awareness and technological advances accelerate change in transport choices. Electric vehicles have 80 per cent lower running costs than petrol cars. Electrical power is also a more efficient source of power, as petrol engines only use around 25 per cent of their energy to create motion - the vast majority is lost in heat and the mechanical movement of the engine and transm... [more]

LTI Vehicles: LTI Vehicles launches Black Cab merchandise
(26/05/2008)

Britain’s premier manufacturer of purpose-built taxis has launched an exclusive range of merchandise featuring the iconic black cab. The Black Cab Collection is available online and through LTI Vehicles main dealer network. The collection includes items such as branded clothing, vehicle accessories and exclusive gifts that range from a golf umbrella to a die-cast taxi model. Working in partnership with The Corporate Merchandise Company all products featured online are readily available an... [more]

Lexus: New sports style IS 250 SR Lexus
(14/05/2008)

The new IS 250 SR Lexus is a sporty addition to the IS range expresses its performance credentials with a full body kit and 17-inch 10-spoke alloy wheels on the outside. Aluminium scuff plates and pedals add subtle visual enhancements on the inside. Heated front seats are also fitted as standard. The IS 250 SR is designed to deliver some of the sporting allure of the IS F and IS 250 Sport at a high value price. Based on the entry-level IS 250, the new model is packed with features that have a... [more]

Land Rover: Land Rover introduces Freelander 2 Commercial for business customers
(08/04/2008)

Land Rover is introducing a commercial derivative to the Freelander 2 product line-up. The Freelander 2 Commercial will be available in 'S' and 'XS' versions. The specification will be as a standard Freelander 2 at the respective trim levels, without rear seats and side airbags but with the addition of a full-height solid bulkhead with mesh panel, floor support frame, floor panel with lashing points, fixed rear side glass, rubber loadspace mat, tail door and side window guards and rear cargo l... [more]


Other car news

Slow sales plague car industry (WTOP Radio Network)

As the national economy struggles, the automobile industry appears to be among the hardest hit sectors.

Car sales dive 21% in September: industry body (AFP via Yahoo! News)

New car sales dived 21 percent in September on a 12-month basis, data by an industry organisation showed on Monday amid worsening economic conditions.

Germany's Car Industry Crashes (Time Magazine)

The world's biggest exporter falters as the global financial crisis begins to bite

Super luxury car sales keep momentum (Business Standard India)

The effect of the subprime crisis that began to be felt around early 2007 hasn’t affected domestic sales of super luxury cars priced between Rs 1 and 3 crore.

PRESS RELEASE: Fitch On European RV Sales In Auto Industry (Nasdaq)

Fitch Ratings-London/Paris/Frankfurt-08 October 2008: Fitch Ratings say residual value (RV) risk in European auto loan and lease transactions may be impacted by adverse developments in the auto industry, such as higher fuel prices and falling car sales.

Auto industry slows in dull economy (KXAN 36 Austin)

AUSTIN, Texas (KXAN) -- The auto industry is among the industries hardest hit by the sluggish economy. Sales plunged last month partly because credit is so tight that many potential buyers can no longer get loans. That is having a disastrous effect on this country's car dealers.

Used car sales up despite poor economy (WAOW Wausau)

There used to be a time when a family got excited about buying a new car, truck, or van. But with Wall Street taking record plunges, more people are turning to used cars to save money.

Credit’s Crunch & Car Sales (Fort Worth Star-Telegram)

It’s been a rewarding career, following the reporting on major issues and economics over the past 16 years and getting to refute incorrect statements or facts with which reporters too often validate false stories.

Czech car industry to grow despite demand slowdown (Reuters via Yahoo! Philippines News)

(Rewrites with car sector outlook, adds comments, details)

Downturn is hurting cities' car dealerships (Ventura County Star)

Ventura County auto dealerships are reeling from the spillover of a nationwide economic collapse that is forcing them to consolidate or close. Business has fallen off so severely that cities — the ones that rely heavily on sales taxes generated by new- and used-vehicle purchases — are bracing for reduced revenue. A grim picture emerged last week from the auto dealerships in Thousand Oaks, ...





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