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German new car sales drop 11 per cent – pre-reg accounts for 33.5 per cent
Fri, 19 Oct 2012New car sales in Germany dropped by 11 per cent in September with pre-reg cars accounting for over a third of all sales. That drop of 11 per cent in Germany is despite deep discount offers – an average of 12.2 per cent in September – with even the previously invincible Mercedes and VW having to offer discounts of up to €3k, despite which VW’s sales fell by 20 per cent in Germany and Mercedes by 12 per cent. What’s perhaps most interesting about the decline in car sales in Germany is the number of pre-reg cars sold (pre reg cars are cars registered by dealers to hit sales targets and then sold at a discount of up to 25 per cent).
BMW M1 Hommage concept (2008): first official pictures
Sun, 27 Apr 2008By Tim Pollard First Official Pictures 27 April 2008 12:47 The new BMW M1 Hommage was a surprise debutant at the Concorso d’Eleganza 2008 di Villa d’Este this weekend. No prizes for guessing what it is: this is an official concept car to mark the 30th anniversary of the original M1 supercar. The Hommage is a clever reinterpretation of the 1978 coupe, bristling with echoes of the original.
Toyota to end Camry imports from Japan
Tue, 06 Sep 2011Toyota Motor Corp. plans to halt exports of the Japan-made Camry sedan to North America following the launch of the redesigned version this fall. The phase out of imported Camrys, which currently account for just a sliver of U.S.