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VW and Suzuki move closer together with joint projects
Tue, 29 Jun 2010By Georg Kacher Motor Industry 29 June 2010 10:29 As predicted by CAR Magazine, Volkswagen last year bought a 19.9% stake in Suzuki. But according to the Wolfsburg grapevine, the minority interest is set to increase by 10% annually over the next four to five years. Fact or fiction?
Skoda Fabia (2015) unveiled: first pictures of Czech supermini
Tue, 19 Aug 2014By Tim Pollard First Official Pictures 19 August 2014 08:00 Czech HQ has issued this pair of pictures of the new 2015 Skoda Fabia. They reveal a conservatively styled supermini in the vein of a shrunken Octavia with a dash more sophistication than today’s workaday hatch. The new, third-generation Fabia sticks with the crisp, defined surfacing that has come to represent Skoda’s ascetic formality.
TVR sold
Thu, 22 Feb 2007By Tim Pollard Motor Industry 22 February 2007 10:30 Russian businessman Nikolai Smolenski is back in charge of the failed TVR business - and looks set to move production abroad. The deal was announced on Thursday evening, after the administrators PKF Partners struck a deal with Smolenski to buy TVR's assets for an undisclosed sum, thought to be in excess of £2m. The Russian businessman bought TVR in 2004 for around £15m, but sales stalled and the Blackpool factory crashed into administration at Christmas time.