Torqeedo Travel 1003l on 2040-parts.com

What scrappage incentives are doing to the European market

Scrappage incentive By Glenn Brooks Motor Industry 21 May 2009 10:15 Remember the old shape Skoda Octavia? We might not be able to buy it in Blighty but it’s roaring up the sales charts in Germany thanks to scrappage incentives on offer there. All across Europe, cash-for-clunkers schemes are turning markets upside down, with the brands that offer the most car for the money the biggest winners.

News watch December 2010: today's auto industry news

Welcome 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-hourFriday 31 December 2010• A judge in Manhattan has dismissed two lawsuits from hedge funds claiming for $2bn losses when it bought VW shares in 2008. Elliott Associates LP, Black Diamond Offshore and 39 other funds filed a complaint, claiming Porsche misled short-sellers who hadn't realised that Porsche had cornered the market in VW shares (Automotive News)Thursday 30 December 2010• Volvo plans to hire an extra 200 staff as it claims demand for its cars is rising.

BMW previews new M4

BMW has revealed several retro-fit enhancements for the new 4-series coupe, part of its M-Performance line of options. In the process the company has provided the first clues to its upcoming M4's appearance; the M4 will replace the just-discontinued BMW M3, and sources tell Autoweek the new performance coupe will make its world debut at the Detroit auto show next January. The performance package consists of an aggressive aero kit, various interior trim upgrades and suspension modifications.