2 New International Trucks on 2040-parts.com
RI, United States
Key Blanks for Sale
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Volkswagen wants Alfa Romeo, but Fiat doesn't want to sell
Mon, 23 Aug 2010Fiat S.p.A. is refusing a new round of Volkswagen AG overtures to buy its troubled sporty Alfa Romeo brand, company sources told Automotive News Europe. VW is on an acquisition spree to help its bid to topple Toyota Motor Corp.
Jaguar Land Rover raise £500 million to fund expansion
Fri, 23 Mar 2012Jaguar Land Rover raise £500 million Jaguar Land Rover is raising £500 million on the bond market to fund its expansion, including new models and new facilities. Hot on the heels of the Jaguar Land Rover joint venture deal with Chery in China comes the news that Jaguar has dipped in to the private bond market to raise £500 million to help with its bold and bullish plans to make JLR a major world player in the premium vehicle sector. JLR plans to invest £1.5 billion a year on expansion and is making sure its coffers can cope by issuing £500 million of senior notes due in 2020, with the net proceeds of the bonds being used for general corporate purposes.
Audi S1 & S1 Sportback revealed with 228bhp (+video)
Wed, 12 Feb 2014The Audi S1 has been revealed (S1 Sportback pictured) Audi has been threatening a quattro driven A 1 as a full production model ever since the limited edition A1 Quattro arrived two years ago with 252bhp and a very big price tag. An now we get it. The new Audi S1 has been revealed ahead of a debut at the Geneva Motor Show next month, and it gets quattro 4WD just like the A1 Quattro, even if it has to make do with less power – the S1 delivers 228bhp and 237lb/ft of torque from its 2.0 litre turbo – that’s less bhp but more torque than the A1 quattro managed.