Daily Archives: March 4, 2014

First 2 Corvettes lifted by crane from Ky sinkhole

 Museum Removes Corvettes From Sinkhole

Two classic Corvettes re-emerged Monday from a giant sinkhole that gobbled up those and six other prized vehicles still trapped beneath the National Corvette Museum in Kentucky.

3rd generation Audi TT diesel offers fuel economy of 56 mpg

TTC140016_medium

Audi is unveiling the third-generation of its TT compact sports car at the Geneva Motor Show. (The first generation arrived on the market in 1998.) The new TT and TTS models will be available with three different four-cylinder engines with turbocharging and direct injection. A start-stop system is a standard feature.

Hyundai PassoCorto concept by IED ready for Geneva

Hyundai PassoCorto concept has been filmed in Geneva ahead of tomorrow’s public debut.

Seat Leon Cupra 280 sets a new Nürburgring record for front-wheel drive cars

The new Seat Leon Cupra 280 was unveiled earlier this year packing a 276bhp 2.0-litre turbo petrol, making it SEAT’s most powerful series production car ever.

New PSA CEO Carlos Tavares eyes further cost cuts

PSA/Peugeot-Citroen may seek more cost savings and does not rule out capacity cuts in France after 2016 if they are needed to turn the struggling carmaker around, new CEO Carlos Tavares said.Tavares also pledged to accelerate a 1.5 billion euro ($2.1 billion) savings drive already underway at the company.

PSA expects to achieve positive free cash flow no later than 2016. “I am very confident we can pursue the turnaround of the company,” he said.