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Jaguar SUV / Crossover (C-X17 Concept) arrives early
Fri, 06 Sep 2013The firts look at the Jaguar XQ SUV (pictured) as it leaks out ahead of a Frankfurt debut Jaguar Land Rover don’t have a lot of luck keeping their concept cars under wraps ahead of their official debut. And so it is with the Jaguar SUV/Crossover. The Jaguar C-X17 Concept – which previews a new Jaguar platform and the first look at a compact-ish SUV Crossover – is due to arrive in a few days at the Frankfurt Motor Show.
Peugeot-Citroen signs £1.3bn rescue deal
Thu, 20 Feb 2014French car manufacturing giant PSA Peugeot-Citroen has signed a £1.32 billion deal with Chinese carmaker Dongfeng Motors and the French government to secure its future. The far-eastern firm and the French government will each invest €800 million (around £660 million). Both organisations will receive a 14% stake in the business.
Porsche, Volkswagen work out more sale details, may use Auto Union name
Thu, 13 Aug 2009Porsche and Volkswagen have broadly agreed on sale terms, and the name Auto Union may be resurrected, Reuters reports. The new entity could be led by Volkswagen CEO Martin Winterkorn, and Porsche would retain some independence--similar to Audi's setup within the Volkswagen Group. Porsche would be the 10th brand in the company.