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Bristol Cars sold to China. Possibly.
Fri, 01 Apr 2011Bristol Cars - is it a Chinese Takeaway Earlier this month we reported the sad demise of the quirky and eccentric supercar maker that is Bristol cars, forced in to administration through a shortage of equally eccentric millionaires to buy their creations from another time. The good news is that they still look like a viable entity if they’re properly marketed, so we didn’t expect it to be too long before a buyer popped up and grabbed the Bristol Cars name, its Kensington showrooms and the handful of staff left. So we weren’t surprised to get an email this morning from China telling us the press there are reporting that the Xinjiang No1 Tractor Company – a State-owned maker of tractors (you’d never have guessed) – had snapped up Bristol Cars from the administrators.
CAR interviews Lambo bosses Stephan Winkelmann and Maurizio Reggiani (2010)
Fri, 16 Apr 2010By Tim Pollard Motor Industry 16 April 2010 09:49 CAR sat recently sat down for a one-to-one interview with Automobili Lamborghini president and chief executive Stephan Winkelmann and R&D director Maurizio Reggiani. The two bosses discuss future plans, what having Porsche as a partner means, the prospect of hybrid Lambos and how they’ve coped with a global recession that’s wiped 40% off their sales.CAR: Supercar makers had a torrid time in the recession. Will you ever recover to the record 2008 levels?Stephan Winkelmann: ‘It’s difficult to imagine that this will be any time soon.
Fiat buys remaining stake in Chrysler (2014)
Fri, 03 Jan 2014By Damion Smy Motor Industry 03 January 2014 13:30 Fiat has purchased the remaining stake in Chrysler to become the sole owner of the US car firm. In a deal worth £2.2billion, the Italian company bought the remaining 41.46% of Chrysler from the VEBA Trust (Voluntary Employee Beneficiary Association) made up of current and former Chrysler employees. Fiat Chief Executive Sergio Marchionne says: ‘In the life of every major organisation and its people, there are defining moments that go down in the history books.