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News watch November 2010: today's auto industry news
Tue, 30 Nov 2010Welcome 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 30 November 2010• Fiat and Opel have signed an agreement whereby Fiat will supply vehicles comprising of several variants to Opel, commencing December 1 (Fiat)• Electric cars will make up 20 per cent of UK car sales by 2016, according to National Grid CEO Steve Holiday (Automotive News Europe)• Toyota has said it will repair 650,000 Prius models worldwide because of a fault with the coolant pump (BBC News)• Porsche look likely to succeed in persuading preferred shareholders to support a €5 billion stock sale becuase the deal may offer the chance to buy into Volkswagen at a discount rate (Bloomburg)• China will become Rolls Royce's biggest market, surpassing America as early as 2011 (Automotive News Europe) Monday 29 November 2010• Bentley has appointd a new CEO to succeed Franz-Josef Paefgen, who's retiring. Porsche R&D director Wolfgang Dürheimer, 52, is now chairman and chief exec of Bentley Motors and Bugatti (Bentley)• In return, Porsche has replaced Dürheimer with Wolfgang Hatz, an internal appointment.
Detroit Electric unveils the SP:01
Thu, 04 Apr 2013Detroit Electric unveiled its SP:01 electric sports car April 3 in Detroit. The Lotus-based roadster claims 201 hp from its mid-mounted electric motor and a range of up to 180 miles from its lithium-polymer battery pack. The company is headquartered in Detroit’s Fisher Building; it’s led by former Lotus Engineering and Lotus Group execs Albert Lam, Don Graundstadt and Benjamin Boycott.
Ex-Keith Richards Ferrari Dino for sale at auction
Fri, 02 May 2014A classic Ferrari Dino 246 GT bought new by Rolling Stones’ guitarist Keith Richards is to be sold at auction on Friday 9 May 2014, in Monaco. What’s more, the Dino is being offered with no reserve – so you never know, it might just end up being a bargain… Click through our gallery to read more about the sale of Keith Richards’ Ferrari Dino

