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Hudsonville, Michigan, US
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Subaru XV gets another price cut – down by £2300 across the XV range

Mon, 01 Jul 2013

The Subaru XV (pictured) gets a price cut of £2,300 across the range Over a year ago, Subaru launched the new XV in the UK with a starting point of £21,995, Which was decent value for an able Crossover/SUV. But by May of 2013, Subaru had decided there was room to play with the XV’s price – or at least on the 1.6 litre petrol version – and they announced a £1300 price drop for the entry-level petrol XV. But now, just six weeks later, Subaru has decided that the weakening Yen has given them more room to manoeuvre on price and have announced they’re cutting prices across the whole XV range by £2300 (which actually means £1,000 off the new price for the 1.6 litre petrol).

Holidaymakers warned against bogus hire car

Mon, 16 Dec 2013

AHEAD OF THE busy holiday period a warning has been issued to those travelling abroad to look out for car hire rental scams. The industry body British Vehicle Rental and Leasing Association has advised customers to be wary of 'too good to be true' offers over the Christmas period, including very low rates and nationwide availability right up to Christmas Day. But the BVRLA is aware of many customers who have handed over deposits for cars that are never delivered, leaving them out of pocket and with no transport.

Chrysler's main creditors reach deal with U.S.; others hold out

Tue, 28 Apr 2009

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.