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Volkswagen takes stake in Suzuki
Wed, 09 Dec 2009VW takes a 19.9% stake in Suzuki We’re back on the co-operation and rationalisation path again, this time with Volkswagen and Suzuki, with the announcement that VW is to take a 19.9% stake in Suzuki, with Suzuki in turn re-investing up to half of the proceeds in to Volkswagen shares. This deal has been on the cards for some time but has obviously been pushed in to reality by the changing landscape for car manufacturers, where they seek to find a more secure future with takeovers, mergers and partnerships. Which is all very logical, even if it will inevitably lead to less choice for the car buyer in the long term.
Vauxhall Adam 1.0-litre Ecotec turbo petrol
Tue, 18 Feb 2014Vauxhall If there’s one thing the Vauxhall Adam has really been missing since it was launched back in 2012, it’s a modern engine line-up. Now that’s about to change with the imminent introduction of a new 1.0-litre Ecotec turbo petrol unit. Vauxhall is targeting best in class refinement for its new turbo petrol The new engine follows the recent trend for high efficiency three-cylinder designs, and will come in 90hp and 115hp variants with emissions as low as 99g/km CO2.
Mexico plant to build Honda Fit for U.S. market
Thu, 29 Mar 2012Honda Motor Co. has confirmed it will build its Fit small car at its new plant in Mexico for export to the United States and other markets, as it expands its local production footprint to combat the Japanese yen's profit-eating strength. The plant, near Celaya, Guanajuato, will begin operation in 2014 with a capacity of 200,000 vehicles a year.