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CAR scoop: GM's $13 billion gamble (2013)
Mon, 30 Sep 2013By Ben Whitworth Motor Industry 30 September 2013 09:45 GM Europe has racked up enormous losses every year since 1999; in 2012 it bled $1.8 billion while GM North America earned $6.9 billion before tax. Yet the Detroit mothership continues to pump billions into its European division, like a deluded gambler convinced his luck will change. Max Warburton, automotive analyst at Wall Street researcher, Sanford C.
Volvo strikes deal for plug-in hybrid cars
Mon, 01 Jun 2009Volvo Plug-in hybrid By Peter Adams Motor Industry 01 June 2009 17:15 Volvo has taken its next step towards green motoring, launching a joint venture with Swedish energy company Vattenfall to introduce plug-in hybrid cars to the market – sporting CO2 emissions as low as 50g/km. The cars, which will role out across Sweden in 2012, will be manufactured by Volvo, with Vattenfall developing the charging systems and supplying the cars with electricity. Vattenfall will be offering customers the chance to sign an agreement for renewable electricity sourced from windpower or hydropower.
VW Sharan (2010/2011) teased
Tue, 23 Feb 2010Volkswagen is teasing the 2010 Sharan ahead of a Geneva reveal Update 2/3/2010: VW has now revealed the 2010 Sharan at the Geneva Motor Show. Well, we say teased, but it’s an odd sort of tease. Rather like the even more low-key tease Porsche has done for the new 2010 Porsche Cayenne.