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Yo-Auto Yo-Concept
Thu, 01 Sep 2011Yo-Auto, a new Russian car manufacturer, is due to reveal its Yo-Concept at the 2011 Frankfurt motor show. The company is taking pre-orders for its range of hybrid vehicles, anticipated for release in 2012, which consists of a coupe, hatchback and a truck. Although it has been confirmed that the car will not make the jump to production, it is understood that Yo-Auto hopes the vehicle will lead the way in the future of car design.
German Grand Prix (2011) RESULT
Sun, 24 Jul 2011German Grand Prix 2011 We’ve said it before, and we’ll say it again. The Germans and the British are very alike. One has the sense of humour turned up to 11 and the other their sense of order.
News watch August 2010: today's industry news
Thu, 26 Aug 2010Welcome 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-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.