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Porsche reports big drop in sales
Fri, 30 Jan 2009Well, it’s not exactly a surprise, given the doom and gloom in the industry at the moment, but Porsche has just reported a 27% drop in sales, down to 34,000 units, over the last six months. As you would expect, some models fared worse than others. The recently updated Porsche 911, which has had mid-cycle tweaks including the new PDK ‘box, held up pretty well.
New compact Lexus SUV based on Toyota RAV4 on the way
Sat, 06 Apr 2013Lexus are planning a compact SUV to slot in below the RX, and based on the Toyota RAV4, to compete in the compact SUV market. Which explains why Lexus are looking for a model to slot in below the hybrid RX (pictured above) – a full size SUV/Crossover – to keep them competitive. And what easier way to go than to take the new Toyota RAV4 and turn it in to a Lexus?
Ford, GM work together on new nine-, 10-speed transmissions
Mon, 15 Apr 2013Ford Motor Co. and General Motors are developing nine- and 10-speed transmissions jointly for use in cars, crossovers, pickups and SUVs. The rivals say partnering on the automatic front- and rear-wheel-drive gearboxes will get them to market faster and cheaper than each automaker could do on its own.