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Latest news on Fiat's plan to gobble up GM-Europe
Fri, 15 May 2009By Tim Pollard Motor Industry 15 May 2009 10:18 With just over a fortnight until General Motors’ fate is sealed, moves to rescue GM’s European car making division are accelerating. Fiat – already named as the Obama-blessed partner for bankrupt Chrysler in the US – is now wooing Opel, Vauxhall and Saab in Europe. If successful, Fiat would overnight become the second biggest car making business in the world.
Motor industry backs EU membership
Thu, 03 Apr 2014MOTOR MANUFACTURERS have given strong backing for the UK staying in the European Union, citing benefits including business links and free movement of labour. A survey by the Society of Motor Manufacturers and Traders (SMMT) showed that 92% of automotive firms believed that staying in the EU would be best for their business, although most wanted to see reforms. The SMMT said its study showed how EU membership benefited the industry, such as access to a single market and funding for research and development.
Milk float sets new speed record
Fri, 27 Jun 2014A SUPERCHARGED milk float has picked up a new world record after reaching a speed of 84mph on a racing circuit. The specially-adapted vehicle, sponsored by Weetabix On The Go Breakfast Drinks, beat the existing top speed for a milk float of 77mph on the tarmac at Bruntingthopre in Leicestershire. Complete with bull-bars, and boasting a V8 engine, the float was crafted from a traditional 4mph electric float.