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Chrysler offers to double cash-for-guzzlers incentive on most '09 models
Wed, 22 Jul 2009The Chrysler Group is offering consumers $4,500 on most of its 2009 models, doubling the cash-for-guzzlers incentive offered by the federal government. "Double Ca$h for Your Old Car," offers up to $4,500 cash or 0 percent financing for 72 months on qualifying new vehicles, even if the consumer's trade-in doesn't qualify for the federal incentive. The program starts Thursday, July 23, and runs through August, Chrysler announced Wednesday.
Range Rover Sport SVR at Goodwood – more SVR models on the way from JLR
Wed, 02 Jul 2014Range Rover Sport SVR on the hillclimb at Goodwood Last week, on the run-up to the 2014 Goodwood Festival of Speed, Land Rover revealed the most powerful road car they’ve ever created – the Range Rover Sport SVR. The Sport SVR comes with the 5.0 litre V8 Supercharged petrol engine from cars like the Jaguar XFR-S and XJR, delivering 542bhp and the promise of performance figures that come within shouting distance of the Porsche Cayenne Turbo, complete with a thunderous V8 soundtrack and most of its off-road abilities intact. But after speculating on what Land Rover would call their range topping Sport – R, RS, SO or something else – that turned in to ‘something else’ with the arrival of a new JLR moniker – SVR.
Newsflash: Magna 'agrees to buy GM Europe': latest news
Fri, 29 May 2009Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.