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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.
BMW unveils self-drifting car in Las Vegas
Tue, 07 Jan 2014BMW is using the 2014 Consumer Electronics Show (CES) in Las Vegas to showcase the latest technology to fall under its ConnectedDrive banner. It’s called ActiveAssist and BMW is hoping it will draw a line under road accidents in the future. But that’s not what’s grabbing the headlines in Vegas.
Lamborghini Newport Beach is first with new exhaust for the LP-700-4 Aventador
Thu, 01 Dec 2011If the stock exhaust of your Lamborghini LP-700-4 Aventador isn't quite what you're looking for, Lamborghini Newport Beach has the solution. The Aventador's 6.5-liter V12 gets a distinct note courtesy of the Southern California dealership, which specializes in creating new exhausts for Lambos. Lamborghini Newport Beach's bolt-on exhaust system is undergoing final testing before being released for sale.
