07-12 Chevrolet Tahoe Right Passenger Side Sun Visor Oem on 2040-parts.com

New products to drive Porsche's sales goals

Porsche may add an entry-level sports car as part of a plan to double global sales to 200,000 units by 2018. The new four-cylinder sports car would be in addition to a small SUV and a plug-in hybrid supercar recently approved for production. Matthias Mueller, the former Volkswagen executive who took over as Porsche CEO in October, says a new product strategy will be completed by the end of March.

F1 Budget Cap – No two-tier system says Ecclestone

Bernie Ecclestone says there will be no two-tier system in the F1 budget cap row [ad#ad-1] All eyes have gone off the stunning start to this year’s F1 circus with the news that Ferrari, Renault, Red Bull and several other teams have threatened to quit F1 next year in protest at the budget cap proposal and the two-tier system that appears to create. In a nutshell, the FIA – lead by Max Mosley – has imposed a £40 million cap on F1 team expenditure for next year (excluding driver costs, marketing costs and transport), but has said that teams who don’t adhere to the cap can still compete, but will be handicapped. Not surprisingly, the richer teams have objected and, on the face of it, it starts to look as if F1 as we know it is going to bite the dust.

MG Design Centre opens in UK

The opening of MG's new design center this week at the historic production site of Longbridge, Birmingham, England was both an incredible and credible occasion. Incredible, because the brand looked dead in the water after the debacle of MG Rover's collapse in 2005 and even after various Chinese takeovers, its UK operation seemed destined to play no more than a tokenistic bit part. And thankfully credible too, because now all of MG's global design will genuinely be led from this new facility in the epicentre of England's traditional motoring heartland.