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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.
Car in Paul Walker crash going more than 100 mph before deadly crash
Sat, 04 Jan 2014While "Fast and Furious" star Paul Walker and business partner and Pirelli World Challege racer Roger Rodas did not have drugs or alcohol in their systems when they died in a fiery car crash on Nov. 30, speed was a factor in the crash according to a published report issued by the Los Angeles County coroner's office on Friday. According to a detailed report in the Los Angeles Times, the car Rodas was driving -- a 2005 Porsche Carrera GT -- was traveling at more than 100 mph before the crash.
Mercedes Concept A-class (2011) first official pictures
Thu, 07 Apr 2011Mercedes-Benz has released the first images of its upcoming A-class replacement. The 2012 production A-class will be previewed by this Concept A-class, which makes its simultaneous debut at the 2011 Shanghai and New York motor shows. Mercedes Concept A-class: Wait... that's an A-class?