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Volkswagen takes stake in Suzuki

VW takes a 19.9% stake in Suzuki We’re back on the co-operation and rationalisation path again, this time with Volkswagen and Suzuki, with the announcement that VW is to take a 19.9% stake in Suzuki, with Suzuki in turn re-investing up to half of the proceeds in to Volkswagen shares. This deal has been on the cards for some time but has obviously been pushed in to reality by the changing landscape for car manufacturers, where they seek to find a more secure future with takeovers, mergers and partnerships. Which is all very logical, even if it will inevitably lead to less choice for the car buyer in the long term.

Racing granny wished for more speed

A 102-year-old woman said she was disappointed racing great Mario Andretti could not go faster than 180mph during their laps around a speedway track in Indianapolis. Edith Pittenger, of Muncie, said she had a great time riding with Andretti in a two-seat race car. "He said 180 is the maximum," she told the Star Press.

Obama's second term: More EVs, safety

President Barack Obama's second term likely will include a return to an agenda of support for electric vehicles and also could clear the way for new rules on tailpipe emissions and auto safety that his appointees have been eager to release. Obama's fellow Democrats retained control of the Senate, while Republicans kept their House majority In his victory speech, Obama said he plans to meet with Republican challenger Mitt Romney in coming weeks to discuss ways to move the country forward. He also saluted Romney's father, George, who once ran American Motors, a company absorbed by Chrysler in 1987 and whose Jeep became a flashpoint during the campaign.