Daily Archives: July 13, 2012

Vauxhall shows Adam premium city car


Vauxhall wants to stop being known as the purveyor of bland cars to large fleets and daily rental companies, so it is launching its first premium car – the Adam. It might seem strange that its first premium car is also going to be its smallest, but the idea makes a lot of sense. No-one is going to buy a large premium Vauxhall in preference to a BMW or Audi, and the Citroen DS3 has shown how a funky small car can transcend the image of its manufacturer. Citroen might not be fashionable, but the DS3 certainly is.

Peugeot announces huge losses and factory closure


PSA Peugeot-Citroen (to give the company its official title) has said it is currently losing £90 million per month and will close its big Aulnay factory near Paris and reduce output at its Rennes factory as well, with a total loss of 8,000 jobs. The company is also burning its way through £150 million in cash per month, which is even more serious than the losses. As accountants like to say, “Profit is a concept, but cash is a fact”

Almost 10,000 convictions for illegal tyres


According to research by TyreSafe, last year, 9.639 people were convicted in England and Wales for driving with dangerous or defective tyres.  A defective tyre is not simply of academic interest. In 2011, there were more than 1,200 casualties resulting from accidents caused by illegal, defective or under-inflated tyres.