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News watch July 2012: today's auto industry news
Wed, 25 Jul 2012Welcome 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 Tuesday 31 July 2012•Porsche SE recorded a first half profit of €1.15bn, in comparison with €149m for the same period in 2011. The enormous jump has come not from directly selling cars, but from the group's investments in Porsche Zwischenholding GmbH and Volkswagen AG (Porsche SE)•Reuters suggests Germany's car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.
Lexus LF-LC Concept – a fresh look ahead of Detroit
Wed, 04 Jan 2012New Lexus LF-LC Concept Photo Lexus has released a couple of new pictures of their LF-LC Coupe Concept ahead of its reveal next week at the Detroit Auto Show. We had a few teases for the Lexus LF-LC Concept last month as Lexus ramped up interest for the Detroit Auto Show, but the teases came to an end after an offical photo of the LF-LC leaked. That predictable escape in to the wild of one of Lexus’ own photos motivated Lexus to reveal an official photo showing the LF-LC in profile.
BMW Concept Coupe
Mon, 15 May 2006BMW unveiled their latest concept in the run up to the contemporary Mille Miglia, a road race for cars that competed during the original event held between 1933 and 1957. The BMW 328 that set the fastest time in 1940, averaging over 100mph, has also provided inspiration for the Coupe Concept, which mixes the older car's silhouette with surfaces closer to the Z4 on which it is based. Powered by BMW's seminal 343PS engine, the car is wrapped with carbon-fibre reinforced plastic (CFRP), whose form is defined by designers using plaster rather than clay "for a closer emotional experience".