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Akio Toyoda named Toyota president amid global crisis
Tue, 20 Jan 2009Akio Toyoda, scion of Toyota Motor Corp.'s founding family and now its next president, will bring a U.S. perspective to the automaker as it battles falling sales and an unprecedented financial crisis. Toyoda, 52, will succeed current President Katsuaki Watanabe in June, the company said Tuesday, ending weeks of speculation.
Mini is the UK’s Slowest Depreciating Car
Tue, 25 Nov 2008That vital tool of the used-car trade, Glass’s Guide, has today revealed that the Mini 1.4TD is the slowest depreciating car in the UK. For the second year running, the Mini tops the table, although even it has slipped a bit – retaining 63.2% of its value over three years, a fall of 7.8% since last year. Mini Diesel - Lowest depreciating car in the UK Glass’s cite the reasons for the Mini’s success as its strong image, a perception of quality and its reasonable running costs.
New hardcore Ferrari confirmed
Thu, 08 Mar 2007By Phil McNamara Motor Industry 08 March 2007 09:01 A lighter, faster, more hardcore F430 is due this year, Ferrari boss Luca di Montezemolo hinted at the Geneva show. In 2005, Maranello unveiled the F430 Challenge, a racing version which competes in the Ferrari Challenge Trofeo series. Enthusiasts have been eagerly anticipating a roadgoing Challenge, and Di Montezemolo's off-the-cuff remarks at Ferrari's Geneva press conference suggests we won't be waiting much longer.
