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Guangzhou, CN
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Porsche buys Nardo for high-speed tests
Wed, 11 Apr 2012Porsche has announced it is to take ownership of the famous Nardo Proving Ground in southern Italy. The company's engineering consultancy wing, the Porsche Engineering Group, will assume ownership as of May 2012. Nardo is currently owned by Italian firm Prototipo SpA. No fee has been disclosed by either party.
Hyundai i20 and ix55 (2008) first pictures
Wed, 03 Sep 2008By Ben Pulman First Official Pictures 03 September 2008 11:21 This is Hyundai’s i20, the Korean company’s replacement for the Getz supermini. The new i20 will debut at the Paris motor show in October 2008, along with a plethora of low-emissions concepts and a new seven-seat 4x4. Sitting on an all-new platform with a wheelbase longer than the existing Getz, the i20 is Hyundai’s Ford Fiesta rival.
Production output decline slowing
Fri, 24 Jul 2009By Alex Michaelides Motor Industry 24 July 2009 12:09 It appears there may be some light at the end of the tunnel for ailing car manufacturers as the most recent vehicle production figures are released. The data, presented by the Society of Motor Manufacturers and Traders (SMMT), show that, while production levels are still on the decline, the pace at which they are declining is slowing. Car production figures for June 2009 are still down by 30.2% compared with this time last year, however this is an improvement on the 50.2% by which production is down so far this year.