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New products to drive Porsche's sales goals
Mon, 24 Jan 2011Porsche may add an entry-level sports car as part of a plan to double global sales to 200,000 units by 2018. The new four-cylinder sports car would be in addition to a small SUV and a plug-in hybrid supercar recently approved for production. Matthias Mueller, the former Volkswagen executive who took over as Porsche CEO in October, says a new product strategy will be completed by the end of March.
Jaguar SUV: The rendering begins
Sun, 31 Jul 2011Jaguar SUV - two alternative views So we know that a Jaguar SUV is going to happen. We know because Adrian Hallmark – Jaguar’s vocal and opinionated Global Brand Director – said back in December that Jaguar “…need a crossover and we need to stop being a saloon-based company.” And although Adrian has sometimes managed to speak without engaging brain first, what he says should be taken seriously – even if there are perhaps those at JLR who would rather there was a 3 second live delay on Adrian’s musings at times. So the confirmation that an SUV or SAV or Crossover – or whatever you want to call a high-riding Jaguar – is going to happen means we can all speculate on what it will be and what it will look like.
Smart car inventor Nicolas Hayek dies
Wed, 30 Jun 2010Nicolas Hayek, the engineer and industrialist who founded the Swiss watch company Swatch and brought the world the Smart car, died on June 28 of heart failure at his office in Switzerland. He was 82. Hayek saved the Swiss watch industry from lower-priced Asian competition in the early 1980s by offering colorful, inexpensive Swatch timepieces that he backed with equally colorful marketing.