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NO Jaguar SUV says Ian Callum
Tue, 20 Mar 2012NO Jaguar SUV says Ian Callum Jaguar design boss Ian Callum has stated that Jaguar are NOT planning an SUV but could build a crossover. Ever since Jaguar’s Brand Director Adrian Hallmark said that Jaguar needed a crossover there’s been much speculation (from Cars UK just as much as elsewhere, we confess) that a Jaguar SUV is in the planning, despite Land Rover’s pre-eminence in the field. But it looks like we should have listened more carefully to Adrian Hallmark, who actually said Jaguar “…need a crossover and we need to stop being a saloon-based company.” We all leapt on the ‘stop being a saloon-based company’ bit as confirmation an SUV is planned when Adrian actually meant a crossover and not a full-blown SUV.
Eterniti Motors readies two SUVs and a sports car
Fri, 16 Dec 2011New British car brand Eterniti Motors is steaming ahead with its plan to launch the Hemera - a new Cayenne-based SUV due in 2012 - and there are two other projects waiting in the wings, including a dramatic sports car. The first project for the London-based company is taking Porsche's Cayenne Turbo S and reconfiguring it with exotic new materials, a fresh wardrobe and a stretched cabin to free up more cabin space. Eterniti has also issued sketches of this supercar, but won't reveal yet the donor vehicle.
News watch February 2012: today's auto industry news
Wed, 29 Feb 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 Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe) • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.