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News watch November 2010: today's auto industry news
Tue, 30 Nov 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 Tuesday 30 November 2010• Fiat and Opel have signed an agreement whereby Fiat will supply vehicles comprising of several variants to Opel, commencing December 1 (Fiat)• Electric cars will make up 20 per cent of UK car sales by 2016, according to National Grid CEO Steve Holiday (Automotive News Europe)• Toyota has said it will repair 650,000 Prius models worldwide because of a fault with the coolant pump (BBC News)• Porsche look likely to succeed in persuading preferred shareholders to support a €5 billion stock sale becuase the deal may offer the chance to buy into Volkswagen at a discount rate (Bloomburg)• China will become Rolls Royce's biggest market, surpassing America as early as 2011 (Automotive News Europe) Monday 29 November 2010• Bentley has appointd a new CEO to succeed Franz-Josef Paefgen, who's retiring. Porsche R&D director Wolfgang Dürheimer, 52, is now chairman and chief exec of Bentley Motors and Bugatti (Bentley)• In return, Porsche has replaced Dürheimer with Wolfgang Hatz, an internal appointment.
Tesla Model S Performance is the quickest electric car…in the world
Tue, 29 Jan 2013A Tesla Model S Performance has set a world record as the fastest production electric car with a 1/4 mile run of just 12.371 seconds. Yes, we still believe – certainly with the current and prospective battery technology – that the only real use an electric car has is as a small urban runaround or a local deliver vehicle. But that doesn’t stop us being impressed by the Tesla Model S.
Toyota sets prices for Baja Series Tacoma
Wed, 25 Apr 2012Toyota has released sticker prices for the TRD T/X Baja Series package for the Tacoma pickup. The off-road bits will tack on $5,015 to the sticker of a four-wheel-drive Tacoma, minus the current $650 factory credit. The least expensive version will sticker at $33,800 including shipping charges.