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Ferrari one-two in 2010 Bahrain Grand Prix
Sun, 14 Mar 2010Fernando Alonso leads a Ferrari one-two at the Bahrain Grand Prix It looked as if it should have been Red Bull’s weekend. Or at least Sebastian Vettel’s weekend. But in the end the unreliability that seems to have crept in to the Red Bulls stopped them from carrying on where they left off in 2009, despite Vettel leading the first F1 Grand Prix of the season in Bahrain for the majority of the race.
Mandelson to announce help for car makers
Tue, 27 Jan 2009Lord Mandelson is the man charged with finding ways to fund UK Car purchases (yes, he of the dodgy mortgage debacle – at least he should know a few tricks!) as the credit crunch has dried up funding, leading to an unprecedented drop in new car sales in the UK. Mandelson is due to make a statement in the Lords just after 3pm today, outlining the help the government is going to offer to ailing car makers. Central to this package is expected to be a funding channel directly from the Bank of England to inject liquidity in to the car financing sector.
Crunch watch July 09: the auto industry in crisis
Fri, 31 Jul 2009By Tim Pollard, Ben Pulman, Ben Whitworth and Alex Michaelides Motor Industry 31 July 2009 11:23 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 31 July 2009• Lamborghini today posted pre-tax profits of €5.4 million – despite a sales drop of 37% in the first six months of 2009. Sant'Agata said turnover hit €156.9m in the first half (down 43%) as it sold 825 cars globally (Lamborghini)• British motorists could have to pay £250 in tax to park at work from 2012.