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Volkswagen takes stake in Suzuki
Wed, 09 Dec 2009VW takes a 19.9% stake in Suzuki We’re back on the co-operation and rationalisation path again, this time with Volkswagen and Suzuki, with the announcement that VW is to take a 19.9% stake in Suzuki, with Suzuki in turn re-investing up to half of the proceeds in to Volkswagen shares. This deal has been on the cards for some time but has obviously been pushed in to reality by the changing landscape for car manufacturers, where they seek to find a more secure future with takeovers, mergers and partnerships. Which is all very logical, even if it will inevitably lead to less choice for the car buyer in the long term.
BMW i8 Winter testing (video)
Sat, 11 Feb 2012The BMW i8 is caught on video cold weather testing We have video of the BMW i8 winter testing in deep snow, in what looks to be a a much closer to production i8. The BMW i8 has been floating around for nearly three years as BMW’s nod to an eco future for supercars. Starting with the Vision EfficientDynamics concept we saw back in 2009, BMW went on to reveal their ‘i’ Brand and reveal the BMW i8 last summer. With the i8 not likely to hit showrooms until late 2013 or early 2014, BMW are out doing what car makers do and testing their new cars in extreme weather, this time it’s cold weather testing and footage of the i8 frolicking with the snow ploughs.
William Clay Ford Sr.'s death: Leaders and sports world react
Sun, 09 Mar 2014William Clay Ford Sr., who died on Sunday at the age of 88, served in numerous positions at the Ford Motor Company, including 32 years as chairman of the Design Committee, and became chairman of the Executive Committee in 1978. Comments on the death of Ford, the last surviving grandchild of automotive pioneer Henry Ford and owner of the NFL's Detroit Lions: "The Fords are among Michigan's iconic, founding families, and he was an innovator in the family tradition as well as a strong leader. Like his grandfather, he was passionate about automobiles and the auto industry, the city of Detroit and his family.