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Bugatti won't build new car until Veyron is sold out
Fri, 14 Feb 2014Bugatti executives told Bloomberg on Wednesday that the brand won't move forward with a new automobile until all of the remaining Veyrons have sold out. The French automaker built 300 original Bugatti coupes, followed by 150 various variants. The coupes sold out in 2011, but 40 convertibles are still for sale.
BMW set to go front-wheel drive
Wed, 17 Mar 2010BMW chairman Norbert Reithofer has confirmed that the German carmaker will introduce a new front-wheel-drive entry-level model positioned and priced below the existing 1-series as part of plans to help increase part sharing and to bolster the potential for production savings between the BMW and Mini brands, thus bringing an end to the era of rear- and four-wheel-drive-only BMW models. Speaking to AutoWeek at the Geneva motor show, Reithofer said internal BMW studies revealed that despite the downturn in the world's economy, there was continued demand for what he described as "premium vehicles" in the small-car class, before officially acknowledging plans that will see BMW produce a rival to the recently unveiled Audi A1 and a new Smart Forfour presently under development at Mercedes-Benz. "We will be extending the BMW and Mini brands into the small-car segment with new models and variants," he said.
Jaguar X-Type: 18,000 X-Types recalled in the UK
Sun, 23 Oct 2011Jaguar X-Type Recall - almost 18k affected over possible cruise control malfunction The Jaguar X-Type, ‘Ford’ Jaguar’s stab at mopping up sales from BMW’s 3 Series and Mercedes’ C Class, is back in the headlines, with Jaguar issuing a recall for 18,000 X-Types in the UK – around 5 per cent of the total X-Type production. The cars affected are diesel-engined X-Type models made between 2006 and the end of X-Type production in late 2009, and the recall concerns the cruise control, which may not respond under certain circumstances. To be fair to Jaguar, the issue with the cruise control failing to respond has not come to light through any complaints from owners, but from an employee of Jaguar.