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Caterham calls time on iconic Superlight R500
Tue, 08 Jul 2014By Adam Binnie Motor Industry 08 July 2014 10:52 The final Caterham Superlight R500 has rolled off the production line as the Dartford sports car maker closes the order book on one of its most extreme creations. The 253bhp R500, which is capable of reaching 60mph in 2.88 seconds, pirouetted onto the scene in a cloud of tyre smoke in 2008. This lightweight David went on to win hearts and minds around the world by beating the Goliath Bugatti Veyron on Top Gear TV’s test track by nearly half a second.
Used car sales hit record high
Tue, 08 Apr 2014USED CAR SALES were at their highest in five years in 2013. There was a 0.9% increase in used car trades, with more than 6.8 million exchanges of ownership recorded, though this is still some way behind the previous record high of 7.8 million used car sales in 2008. Analysis from Experian shows cars aged nine years old or over were among the strongest performers in the used car market, with sales up 6% in 2013 compared to the previous year.
Who's Where: Taewan Kim appointed Vice President of Design at GM Daewoo
Thu, 10 Jul 2008Taewan Kim has been promoted to Vice President of Design at GM Daewoo. Having started his career in International Automotive Design in the United Kingdom in 1991, Kim was involved in designing various Japanese and European automobiles, including British Airway's First Class seat design. From 1995, he served as Chief Exterior Designer at the former Daewoo Motor Company, leading the exterior design of the Magnus, Lacetti, Kalos and Matiz.