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Toyoda says company is ‘grasping for salvation', fears big sales loss
Fri, 02 Oct 2009Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.
Porsche 918 RSR
Thu, 13 Jan 2011Following an absence of four years from the NAIAS, Porsche had been promising an all new concept to its North American contigency. The 918 RSR is exactly that. Evolving from the 2010 918 Spyder concept shown in Geneva, the RSR stays true to the overall theme of the Spyder but adds a roof and race-specific elements.
Bentley's new boss confirms SUV back to drawing board
Thu, 27 Sep 2012Bentley's new chairman and CEO, Dr Wolfgang Schreiber, confirmed today that the EXP 9F - the controversial SUV shown at the 2012 Geneva motor show - would be heavily redesigned before going on sale. CAR greeted the EXP 9F with the headline 'I'm a Bentley designer, get me out of here' in our Geneva show issue. Ironically, head of design Dirk van Braeckel, has subsequently moved to a different department within the VW Group.
