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First factory-built wheelchair-accessible vehicle hits the market
Fri, 23 Sep 2011Before Wednesday, the only wheelchair-accessible vehicles available to the public were aftermarket conversions that generally came with structural modifications and a price tag ranging from $50,000 to $80,000. Now, a startup company called the Vehicle Production Group (VPG) has released the first vehicle specifically assembled to accommodate people in wheelchairs, with an MSRP of $39,950. The vehicle is called the MV-1, which stands for Mobility Vehicle 1, and it was built for the disabled community.
Volkswagen to buy 42 percent of Porsche, full merger planned
Thu, 13 Aug 2009Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday. VW will pay $4.7 billion for its initial stake in Porsche. It positions the new company to have 10 brands and global sales of 6.4 million, and Volkswagen CEO Martin Winterkorn is likely to lead the entity.
Audi TTS Competition celebrates 500k TTs sold
Thu, 15 Aug 2013The Audi TTS Competition (pictured) celebrates 500k TTs built It started off as something of a hairdressers car, but over the course of its 15 year history – and two iterations – the Audi TT has grown to be a credible sport car and a decent seller for Audi. That’s meant a total of 500,000 TTs have been solid since the TT first hit showrooms back in 1998, so Audi are celebrating with a new limited edition model – the Audi TTS Competition. The TTS Competition will be limited to just 500 units and will come in a choice of eitherĀ Imola Yellow and Nimbus Grey, as a coupe or a roadster.