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Volkswagen to launch budget brand, priced from £4800

Volkswagen is planning to launch a new budget brand to challenge the likes of Dacia – and the bargain basement minis will be sold in Europe too. Prices for the yet-nameless new cheap VWs will start from just €6000, or £4800, according to paperwork seen by CAR. How can VW build city cars so cheaply?

End of the road for 'Queen's favourite' car

ONE OF the most-loved and long-lived road vehicles, and a favourite with the Queen, is to cease production. The last Land Rover Defender will be produced by Jaguar Land Rover (JLR) at Solihull in the West Midlands in December 2015. Featuring in the Angelina Jolie film Lara Croft: Tomb Raider and in the latest James Bond movie, Skyfall, the Defender name can be traced back to the early 1990s.

Viper sports car division no longer for sale

By Ben Whitworth Motor Industry 13 July 2009 14:08 Viper’s yo-yoing lifeline looks to be finally secured after ailing parent company Chrysler said the sports car maker was no longer for sale. Rather than killing off its muscle-bound brand, last summer Cerberus-run Chrysler considered selling off the rights to the Viper, hoping to achieve around $10m for the Detroit assembly plant and brand equity to bolster its dwindling cash reserves and stave off imminent bankruptcy. After an initial surge of interest from similar-minded companies like Roush and Saleen, curiosity nosedived along with the global economy.