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Former Volvo design boss Steve Mattin to join Russia's Lada
Wed, 21 Sep 2011Former Volvo Cars design chief Steve Mattin will head design at the Russian brand Lada. Mattin will start at the Russian automaker on Oct. 1, Lada's owner AvtoVAZ told Automotive News Europe in an email.
The only Ferrari motorbike in the world sells for £85k
Tue, 15 May 2012The only Ferrari Motorbike in the world sells for £85k The only Ferrari motorcycle ever made – as a tribute to Enzo Ferrari – has sold at auction for £85,000. Ferrari don’t make motorbikes, and Cars UK don’t really do motorbikes either. But when the only motorbike ever to wear a Ferrari badge goes up for sale we had to take notice.
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.
