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Volkswagen 'will build the XL1' - Piech
Thu, 27 Jan 2011Volkswagen will build the radical 313mpg XL1 eco cigar in 2013, Ferdinand Piech revealed at the Qatar motor show. In an interview with Automotive News, the VW chairman said: 'We want to go into series production with this car starting in 2013.' He insisted it would go on sale to real people, not just as media demonstrators. And VW chief exec Martin Winterkorn added the XL1 would be sold in Europe first, then be rolled into the US and Chinese car markets.
Fiat future products: Look for more 500s
Thu, 11 Aug 2011Next year two Fiat 500 models are scheduled to join the 500 and 500C convertible, which already are on sale as 2012 models. Cars arriving next year will be a sporty Abarth version and an electric. A fifth car will join the lineup in 2013: a four-door, five-seat, high-roof subcompact.
Viper sports car division no longer for sale
Mon, 13 Jul 2009By 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.