Archive for the ‘Carmageddon’ Category

Honda Racing F1 Team still for sale

Despite earlier reports that Mexican tycoon Carlos Slim HelĂș had saved Honda’s Formula One outfit, the British based team is still looking for a buyer. Speaking to the Telegraph in the UK, Team Principal Ross Brawn said “We would love it if it were true, but it’s pure speculation from various members of the media. […]

Top Gear – Series 13 (now with budget cuts)

Internet speculation suggests the next series of Top Gear will return in March June 2009. What is not speculative, though, is news that Series 13 will be produced for less coin due to BBC budget cuts. Speaking on his blog, Executive Producer Andy Wilman said, “next year we’re getting a budget cut. No point in […]

Toyota leaves TRD out in the cold

It is just over 12 months since Toyota Australia was proudly boasting it was launching the first production cars in the world to wear the TRD nameplate. Yesterday the company announced the TRD performance brand will be dropped. Another scalp claimed by Carpocalypse Now (as named by Jalopnik). The decision will take effect at the […]

Subaru withdrawal creates World Rally Crisis

More news to shock to the motorsport world with confirmation that Subaru has pulled out of the World Rally Championship, with immediate effect. Speaking at a press conference on Tuesday, Chief Executive of Fuji Heavy Industries (Subaru’s owner), Ikuo Mori said, “Our business environment has changed dramatically due to the rapid deterioration of the global […]

Honda walks out on F1

“We, Honda Motor Co., Ltd., have come to the conclusion that we will withdraw from all Formula One activities, making 2008 the last season of participation.” And with those words, Takeo Fukui, the chief executive of Honda Motors, confirmed the rumours and brought down the curtain on Honda as a Formula One constructor. However, the […]

Honda set to quit Formula One

In dramatic news Honda is set to withdraw from Formula One. While news still filters in this decision is confirmed the team could be gone before Christmas. The Japanese manufacturer is frantically looking for a buyer, but if one can’t be found they will simply close the doors and wind the team up. No doubt, […]

Holden to slash production by 15,000 vehicles

The Global Financial Crisis is biting hard on the home front, with news Holden will start 2009 with a series of production line closures from January through to March. This will affect as many as 3,400 workers, although they will still be eligible to claim a wage equivalent to four and a half days work […]

Discussion on Australia’s car industry

On my drive home from work the other day I caught the start of Paul Barclay’s Australia Talks program on Radio National. The focus of discussion was on Australia’s car industry, with topics canvassed including: Ford’s decision to cut 350 jobs and the broader impact that will have on local employment The planned cut in […]