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Toyota hands over small-car development to its European unit
Tue, 20 Dec 2011Toyota Motor Corp.'s European division next month will take charge of global product planning for small cars as the Japanese automaker expands model research and development in the region. The change, announced Dec. 17, means that Toyota will count on Europe to develop future products in the minicar, subcompact and compact segments, something that Ford Motor Co.
2013 Kia Pro_cee’d revealed
Wed, 12 Sep 2012Ahead of a debut at the Paris Motor Show we have the first photos of the 2013 Kia Pro_cee’d, a sporty 3 door take on the new cee’d. Back in March we had what appeared to be the first leaked sketch of the 2013 Kia Pro_cee’d – Kia’s three-door sporty take on the new cee’d – but since then, nothing. But we’ve now got the first photos of the new Pro_cee’d ahead of its reveal at the Paris Motor Show in a week or two, and it looks convincing.
Aston Martin IS up for sale. But you knew that.
Sat, 10 Nov 2012The Kuwait Investment Dar – Aston Martin’s biggest shareholder – is seeking a buyer for its 64 per cent share of Aston Martin. Just over a year ago, we reported that Aston Martin was up for sale, even though AML were emphatic the company was doing well and not seeking a new owner. But now it seems a year or more of trying to find a buyer on the quiet has failed, so Aston Martin’s biggest shareholder - the Kuwait Investment Dar with 64 per cent – has instructed Rothschild to advise on the sale, according to Bloomberg.