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Official: UK car production is booming

Nearly 10% MORE cars were produced in the UK this September compared to the same time last year, data released today from the Society of Motor Manufacturers and Traders (SMMT) has revealed What’s more, 1,125,433 cars were manufactured in the UK by the end of the month – that’s a 3.9% rise compared to 2012. September new car sales beat forecasts UK car sales hit four year high in 2012 This means UK car production has returned to pre-recession levels. The rolling 12-month total has now topped 1.5 million vehicles.

Just how much do F1 drivers earn?

Business Book GP has published a list of Formula One drivers’ income for piloting their cars round the world’s F1 Grand Prix circuits. Just how much do the drivers of Formula One cars get for risking their lives (well, that may be a bit of an overstatement in 2012) in pursuit of a victory on the track? It seems anything from €150k to €30 million is the spread.

Crunch watch June 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Peter Adams Motor Industry 30 June 2009 11:35 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour  Tuesday 30 June 2009• Porsche says it is no longer applying to the German Kreditanstalt für Wiederaufbau central bank for a €1.75 billion bridging loan. This means it'll now have to seek finance elsewhere (Porsche) • Seat announces its best-ever month for used car sales; it sold 915 second-hand cars in May (Seat)Monday 29 June 2009• Jaguar Land Rover has opened its first showroom in India.