Car Market
Electric car maker THINK completes $40 million equity increase
THINK has completed a US$40 million equity increase to support further product development and planned expansion into North American markets. With the new equity, THINK is now fully funded and expects to become cash-flow positive in 2011.
Toyota recalls dominate April’s car news and social media
Despite a busy period of financial reporting, Toyota recalls continued to dominate the headlines during the month of April, according to the latest Alva Automotive In Sight Analysis.
Audi Quattro's 30th birthday celebrations at Chatsworth
The Rally Show at Chatsworth (5/6th June) will host one of the biggest and best celebrations of the Thirtieth Anniversary of the Audi Quattro.
Toyota and Britain lead Europe in hybrid vehicle production
The British car industry reaches a landmark this month with the start of production of the Auris Hybrid by Toyota Manufacturing UK (TMUK), the first mass-produced hybrid vehicle to be built in Europe.
Scrappage registrations total 395,500 units
388,540 new cars and 6,959 new LCVs had been registered through the Scrappage Incentive Scheme (SIS) by the end of April, according to the Society of Motor Manufacturers and Traders (SMMT).
Strong result in BCA classic car sale
The sale of a large one-owner collection of classic cars dating from the late-1940s to the 1980s attracted a massive crowd of buyers to BCA Blackbushe on Bank Holiday Monday, 3rd May.
Barn find’ James Bond car for auction at Bonhams
A one owner 1962 ‘barn find’ DB4 Aston Martin used as a ‘test mule’ by James Bond special effects designers is to go up for auction at Bonhams Aston Martin car sale at the Aston Martin Works Service, Newport Pagnell on 22nd May 2010 – the only auction devoted entirely to this iconic marque.
Car insurance may not cover misfuelling
The British Insurance Brokers' Association (BIBA) is warning that diesel drivers are most at risk of misfuelling, which could cost more than £5000 to repair and is not covered by nearly a third of insurance policies.
Subrau Impreza P1s turn Prodrive event blue
100 Impreza P1s descended on Prodrive event at Banbury, Sunday 9 May, to celebrate the 10th anniversary of the car, which hit Britain’s roads in 2000.
Shelley Pearson - Glamour up, hammer down
27 year old Shelley Pearson doesn’t spend her weekends like most of her friends. While they’re off hitting the malls and getting ready for a big night out, she’s busy preparing her two seater drag car for another 200 mph pass!
Skoda Greenline Fabia and Roomster models
Following-on from the launch of the face-lifted Fabia and Roomster, Skoda Auto has unveiled the Fabia Estate GreenLine II and Roomster GreenLine II – the first of its second generation of environmentally-friendly GreenLine models.
BBC’s Watchdog focuses on clocking
Leading vehicle information expert, HPI joined forces with BBC Watchdog journalists to help uncover a clocking scam, which was making a fraudster posing as Ashley Singh and his brother thousands of pounds per sale.
New car market grows 11.5% in April
New car registrations rose 11.5% in April to 148,793, a tenth successive monthly increase, according to the Society of Motor Manufacturers and Traders (SMMT).
The Vauxhall Art Car Boot Fair
Now in its sixth year and still one of the summer’s most thrilling days out, the Vauxhall Art Car Boot Fair announces its full line up of amazing artists, fashion designers and performers.
Post Office Car Insurance warns drivers to keep up vehicle maintenance
Around 10 per cent of cars on UK cars have at least one tyre with an illegal tread depth, according to research from the Institute of Advanced Motorists (IAM). In addition, Post Office Car Insurance research recently found that 48 per cent of all car owners have cut corners when it comes to repairs and maintenance on their vehicle.