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Top Gear: Jenson Interceptor, Lotus T125, Demolition with Tanks & Bob Geldof
Sat, 23 Jul 2011The boys enjoy a bit of house demolition - with Tanks Remarkably, we’re already almost at the end of the current series of Top Gear with this one – episode 5, series 17 – the penultimate episode. And it’s not been a bad series, whether you’re a viewer from Minnesota or the 12 year-old Miss Clarkson. This week’s higlight rather depends on your point of view – do you consider Top Gear an entertaining car show or an entertaining show with cars?
News watch June 2010: today's auto industry news
Wed, 30 Jun 2010Welcome 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-hour Wednesday 30 June 2010• Tesla shares have rocketed 40% on their first day of trading; the company went public this week with the first IPO of an American car company since Ford in the 1950s (BBC News)• GM may sell off its interests in finance arm GMAC and parts supplier Delphi as it seeks to write down its debts (Financial Times)• A Federal judge has approved the $20m sale of a former GM plant in Wilmington to Fisker Automotive; Fisker hopes to build 100,000 cars a year once production hits a peak after launch in 2012. It is using a $529m government loan to fund its launch (Detroit News)Tuesday 29 June 2010• UK business secretary Vince Cable has warned that the car industry is no longer in an emergency – and cannot expect direct government support.
Toyota paid $10 million to settle unintended acceleration lawsuit
Fri, 24 Dec 2010Toyota Motor Corp. agreed to pay $10 million to settle a lawsuit with the families of four people who were killed in an accident that led to the automaker’s recall of millions of vehicles over unintended acceleration concerns. The settlement was reached in September, but the amount was not made public at the time after both Toyota and the plaintiffs agreed to keep the deal confidential.