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UK car production slumps, state help sought

By Digby Fullam Motor Industry 21 November 2008 14:30 The full effect of the downturn in the global economy is being felt by the UK motor industry, new figures out today reveal. Car production at British factories fell by 29.5% from October 2007's figure.  That makes it the worst October production figures since 1991 which, if you’ll cast your mind back, was the last recession. The Society of Motor Manufacturers and Traders blamed the slump on 'a rapid reduction in demand for motor vehicles.' It’s not just us Brits that aren’t buying cars, either.

Toyota FT-1 sports car: How it happened

Editor's note: The inner sanctum of an automaker's design studio is as classified as a top-secret government spy shop. Even many top executives aren't allowed inside, much less civilians or the media. But after months of negotiations, Toyota Motor Corp.

Eterniti Artemis costs a whopping £252k

Eterniti Artemis - Hemera as was - costs £252k The Eterniti Artemis – formerly know as the Eterniti Hemera – has debuted at Beijing, goes on sale in the summer and costs £252k. In case you’re as confused as we were when we got the press releases, the Eterniti Artemis isn’t a new 911 Turbo based supercar from Eterniti but the new name for what was the Eterniti Hemera, the titivated Porsche Cayenne Turbo with a big price tag. Until the reveal of the production version of the Eterniti Artemis in Beijing today we didn’t know how much Eterniti would want for their pimped Cayenne, although we had speculated it would be the wrong side of £150k.