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"Say Yer Prayers, Rabbit!" -- Volkswagen revives Golf name
Wed, 25 Mar 2009After only four model years, Volkswagen Group of America Inc. is ditching the Rabbit name and returning to the Golf moniker for its smallest model in the United States. The new generation of the car, which goes on sale in October, will be called the Golf and makes it U.S.
News watch August 2010: today's industry news
Thu, 26 Aug 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.
2012 Mercedes A-Class teased on video
Sat, 21 Jan 20122012 Mercedes A-Class teased on video The 2012 Mercedes A-Class is being teased on video ahead of a Geneva 2012 debut in conjunction with a ‘QR Code’ competition. With Detroit pretty much done and dusted, it’s time for car makers to begin teasing their offerings for Geneva 2012 (which we saw some of even before Detroit). Today it’s the turn of Mercedes with a video tease for the 2012 Mercedes A-Class, coupled with a competition too (although that seems to be just for Germany).