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Renault buys Caterham stake in Alpine as Anglo-French deal collapses

By Michael Karkafiris Motor Industry 10 June 2014 10:36 The collaboration between Renault and Caterham officially ended today, with the French company acquiring Caterham’s remaining stake in Alpine. It marks the end of the road for the Anglo-French collaboration, leaving Renault the sole owner in Société des Automobiles Alpine. Today’s announcement terminates the 50-50 partnership signed in November 2012 between the two companies, a partnership that started with the promise of building two sister sports cars, one from Alpine and one from Caterham.

Mexico plant to build Honda Fit for U.S. market

Honda Motor Co. has confirmed it will build its Fit small car at its new plant in Mexico for export to the United States and other markets, as it expands its local production footprint to combat the Japanese yen's profit-eating strength. The plant, near Celaya, Guanajuato, will begin operation in 2014 with a capacity of 200,000 vehicles a year.

Subaru XV gets a price cut – down by £1300 on 1.6 litre versions

It wasn’t a bad starting point for an able mid-sized crossover – a high-riding Impreza, in all but name –  but it wasn’t the cheapest offering in the class. But now, with the Yen being a bit kinder to Japanese car makers, Subaru has decided to nudge the price a bit lower to start the XV range off below £20k for the first time. The price drop for the XV only applies to the 1.6 litre petrol versions, but you can now get the entry-level XV 1.6i S for a more affordable £19,995 rising to £23,415 for the XV 1.6i SE with the Lineartronic gearbox, reductions across the range of £1300.