Gm Chevy Corvette Engine Pull Bracket on 2040-parts.com

UK car production slumps, state help sought

By Digby Fullam Motor Industry 21 November 2008 14:30 The full effect of the downturn in the global economy is being felt by the UK motor industry, new figures out today reveal. Car production at British factories fell by 29.5% from October 2007's figure.  That makes it the worst October production figures since 1991 which, if you’ll cast your mind back, was the last recession. The Society of Motor Manufacturers and Traders blamed the slump on 'a rapid reduction in demand for motor vehicles.' It’s not just us Brits that aren’t buying cars, either.

Lexus LS: Still loves a Champagne glass

Lexus LS - Still loves a Champagne Glass Back when Lexus was born as the posh Toyota, Toyota’s advertising bods had to convince the American public that Lexus was more than just a big Toyota – with an even bigger price tag. The pitch was that this new Lexus LS would give you highway smooth – just like a big, lazy ‘Mercan V8 – and brilliant build quality, and all for less than a Mercedes S Class. Which was the target.

GM Sale to Magna Cancelled

GM has cancelled the sale of Opel and Vauxhall to Magna It’s been fraught with problems from the start, but what fire-sale isn’t? The unions have been unimpressed with what Magna were offering. The EU has had a pout and a stomp about the sale.  Lord Mandy has said lots but done little.