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BMW, Daimler experiment with upscale rent-by-the-ride
Fri, 24 Dec 2010Two European luxury brands are tiptoeing into car sharing, a radical move for carmakers whose business for the past 100 years has been selling to individuals. German archrivals Daimler AG and BMW AG have launched sharing programs. The automakers say the move was prompted by changing attitudes about car ownership, especially among young buyers, and increased urban congestion.
Ford Design Center set to expand
Wed, 13 Apr 2011Symbolic of the importance it plays in Ford's small car strategy, the automakers Design Center in Cologne, Germany, is about to receive a €11.6m redevelopment. Construction is already underway on the facility's new wing, which will include design studios and 100 workplaces. The 3,000 square-meter extension is set to be completed by the end of the year.
Abarth 595 (2012) Turismo and Competizione join range
Thu, 02 Aug 2012Two new versions of Abarth's 500 hot hatch have been revealed, coming as standard with more power, upgraded toys and even more personalisation potential. There's also a handy price-drop for the standard Abarth 500, which gets a few tweaks to keep the Scorpion-badged pocket rocket fresh. How does the new Abarth range stack up?