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Skoda Fabia vRS 2000 (an open-topped vRS) at Worthersee
Thu, 02 Jun 2011Skoda Fabia vRS 2000 Concept Yes, it’s Wörthersee Tour time again. Which explains why we have an OTT Skoda on display - the Skoda Fabia vRS 2000. Finished in the same striking green as the production Skoda Fabia vRS, the vRS 2000 is a concept car put together just for the GTI-Treffen event in Worthersee and is based on the Fabia vRS 2000 rally car and, as Skoda boss said, Worthersee “…is a welcome opportunity for us to show off our sports models and make sure that everyone knows that Škoda really has something to offer here.” It would have been hard to believe even just a few years ago that a car like the vRS 200 could ever come out of Skoda, but we’re now at the point where, if you can set aside badge snobbery, Skoda often has more to offer than parent VW.
Moody's boosts Ford's credit rating
Wed, 23 May 2012Moody's Investors Service upgraded Ford Motor Co.'s debt to investment grade, culminating the automaker's six-year struggle to win back the Blue Oval and other assets mortgaged in 2006. Moody's is the second agency to upgrade Ford's debt from junk status, paving the way for the company to recover assets it mortgaged in 2006 to stave off bankruptcy. The company raised $23.5 billion in a move that allowed it to avoid government bailouts or bankruptcy when the industry collapsed in 2008.
Volkswagen Brands – enough for now
Mon, 21 Dec 2009VW boss Martin Winterkorn says Volkswagen has enough brands Volkswagen seems to be on a world domination plan. Audi is expanding with every passing day and the VW Group (Auto Union to be) has an unrivalled list of brands under its umbrella, including Audi, SEAT, Skoda, Bentley, Lamborghini, Bugatti and of course VW itself. It also recently effectively took control of Porsche (after the failed efforts by Porsche to take control of VW) and has just announced a near 20% stake in Suzuki.