1994-2004 Ford Ranger Center Cap Yl24-1a096-cb/db on 2040-parts.com

News watch August 2010: today's industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.

Nissan Juke gets economy tweaks

The Nissan Juke gets economy tweaks It’s a bit of  a Marmite car, the Nissan Juke. Some who see it for the first time are appalled at what an ungainly looking car the Juke is. Others find its cute ugliness a real breath of fresh air.

Hyundai Intrado concept (2014) first official pictures

By Ollie Kew First Official Pictures 24 February 2014 13:01 This is the Hyundai Intrado concept, destined for the 2014 Geneva motor show. It’s a hydrogen-powered crossover penned by Peter Schreyer, the head of Hyundai’s design team, CEO of sister-brand Kia, and with a stint at Audi on his CV to boot. The Intrado is designed to be as lightweight as possible, hinting at what Hyundai sees as the future of family cars.