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UK car market slumps to 'worst since 1966'

Britain's new-car market is nosediving. Purveyors of big expensive cars – like Porsche – are experiencing that sinking feeling By Tim Pollard Motor Industry 05 September 2008 07:07 Credit crunch, spiralling oil prices, fragile consumer confidence... It's small wonder that the UK's car market is in turmoil.

Hyundai Veloster Turbo Confirmed

Hyundai Veloster to get new 204bhp Turbo When Hyundai revealed details of the Veloster Coupe – the successor to the successful Hyundai Coupe – we found lots we liked and, really, just on thing we didn’t – its paucity of power. All the new Veloster had to offer was the 138bhp 1.6 litre GDI petrol which, although quite frugal, didn’t exactly light a fire of desire for the Veloster in the way we would have liked. So when we reported a couple of weeks ago that Hyundai had revealed a couple of new engines in Korea – a 204bhp turbo and a 150bhp diesel – we rather hoped that Hyundai would see fit to bolt both in to the Veloster sooner rather than later.

Lamborghini Brand and Design Director steps down

According to well-placed sources within the automotive design community, Car Design News has learned that Manfred Fitzgerald, Brand and Design Director at Lamborghini, has been asked to leave the company. It is presumed his role with the company's design aspects will likely be absorbed by current Audi Group Head of Design Wolfgang Egger. Fitzgerald had been working at Lamborghini since 1999, shortly after the sports car maker was bought by parent company Volkswagen through Audi AG.