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Vauxhall Mokka Tech Line targets company car drivers
Mon, 11 Jun 2012Vauxhall is adding a fourth trim level to the Mokka compact SUV with the Tech Line trim aimed at company car drivers for low P11D and BIK. There was a time when company cars were a great perk and taxed sensibly. But that has now loing gone – to the detriment of the car industry and the company car driver – with all fixated on P11D and BIK rates.
2013 Australian Motor Show axed
Tue, 26 Mar 2013This year’s Australian Motor Show in Melbourne has been cancelled by its organizers three months before its planned opening. Falling attendance figures played a big part in taking the decision, as did what is seen as a lack of manufacturer support. The Australian International Motor Show Joint Venture's event director Russ Tyrie said the decision was taken "based on a consensus view of the automotive industry to focus limited marketing budgets in 2013 on firm-specific activities, rather than an industry-based motor show." The Volkswagen Group's decision not to attend may well have acted as the final nail in the coffin along with Hyundai's hesitancy despite initial support.
Saab reportedly bought by Chinese-led consortium
Fri, 08 Jun 2012A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.