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Lamborghini reports drop in profits
Wed, 10 Mar 2010Lamborghini has announced a pre-tax loss of £32m for 2009 as the world recession led to a slump in supercar sales. Lambo delivered 1515 supercars last year, down 38% from 2008's 2430. Turnover dropped 41% to £215m. It's a far cry from the dizzy heights of the boom years.
First Audi show car overseen by Marc Lichte to debut at LA Auto Show
Wed, 15 Oct 2014Audi has confirmed that the first show car to be overseen by its new head of design, Marc Lichte, will be unveiled at the Los Angeles Motor Show. Audi hasn't confirmed the exact time of the car's big reveal, but its press conference is scheduled for 9:00am on 19 November. The news was accompanied by an official teaser image, which doesn't reveal a great deal about the new car, aside from the fact that it seems to be a large sedan or shooting brake.
Ellesmere Port's bid to build Ampera hits snags
Fri, 09 Oct 2009By Rob Golding Motor Industry 09 October 2009 15:02 Prime minister Gordon Brown’s personal crusade to get Vauxhall's version of the Chevrolet Volt petrol-electric plug-in hybrid – the Ampera – built in Britain's Ellesmere Port factory in 2012 is a dream delayed, CAR can disclose today.News that the UK Astra plant is the best in Europe, that the Astra's Delta platform will underpin the Ampera, and that Volt will be on US sale from 2010 had been taken to mean that Vauxhall would be churning out the cars in the north west within three years.But the prospect of an electric car industry growing up around the run-down Merseyside manufacturing site is not imminent, CAR has learned.'No Ampera to be built in Europe before 2015'Vauxhall insiders have made it clear that the car to be known as the Vauxhall/Opel Ampera in Europe will be an import from the US for at least five years. One senior planner told us: 'The US will be the sole source of Amperas until at least 2015.'Bob Lutz, GM's former product supremo who recently came out of retirement as a PR, said that the low value of the dollar made the US an ideal site for the manufacturing of export cars. And with forecast sticker prices of the range-extender electric car standing at a scary £35,000+, every price saving is vital to its marketability.The European market also needs time to get its electricity recharge infrastructure in place before it is worth making cars onshore in volume, GM high-ups point out.




