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Porsche Panamera S Hybrid (2011) first pictures
Wed, 16 Feb 2011This is the Porsche Panamera S Hybrid, the cleanest, most fuel efficient Porsche ever. On the official combined fuel cycle it manages 159g/km and 41.5mpg, a big improvement on the Porsche Cayenne S Hybrid’s 34.3mpg and 193g/km, and comfortably ahead of the best non-hybrid Porsche, the PDK-equipped Cayman (31mpg and 214g/km CO2). The new Porsche Panamera S Hybrid will be unveiled at the 2011 Geneva motor show in March.
Daimler agrees to unload remaining Chrysler stake
Mon, 27 Apr 2009Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.
Ford EcoSport, Kuga, Explorer & Focus ST: Beijing 2012
Mon, 23 Apr 2012Ford EcoSport debuts at Beijing Ford has debuted the EcoSport, new Kuga and Explorer SUVs as well as the new Focus ST at the Beijing Motor Show. Ford make no secret of their ambitions for the marque in China and have put on a show at Beijing with the Chinese debut of the Fiesta-based EcoSport, the new Ford Kuga, the Explorer SUV and the new Focus ST. The Ford EcoSport is the little urban warrior SUV based on the new Fiesta platform we revealed back in January when it debuted at the Delhi show.