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Jaguar to end XK production after 18 years
Fri, 07 Mar 2014Jaguar will this summer cease production of the XK 2+2 GT car after 18 years at the top of the Coventry firm’s model range. The decision to stop making the XK comes after the hugely successful launch of the F-Type – which, say analysts, has led to a big fall in XK sales as thousands of buyers queues up to buy the F-Type. Jaguar XK review (2009 onwards) Jaguar XKR-S Coupe review (2011 onwards) Some estimate Jaguar could triple its sports car volumes with the F-Type over the XK.
Range Rover turns 40 +video
Tue, 01 Jun 2010The Range Rover at 40 Whatever you may think of the Range Rover, it is a motoring icon. Iconic is bandied around at the drop of a hat these days, but the original Range Rover really was a game-changer. For the first time there was a vehicle that was just as good on road as off and pretty much single handedly started the luxury SUV craze which – despite the naysayers and eco-mentalists – shows no real sign of abating.
GM sells Suzuki shares to raise emergency funds
Mon, 17 Nov 2008By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.