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Kenbridge, Virginia, United States
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Analysis: why GM is pulling Chevrolet out of Europe
Wed, 06 Nov 2013The news that Chevrolet is to leave the western European car market (while staying in eastern Europe and Russia) is not a huge surprise, but it provides an interesting contrast to the success of fellow Koreans, Hyundai and Kia. “Fellow Koreans?” you might say, “but isn’t Chevrolet American?” Yes and no. The Chevrolets we were getting were all made in Korea in the factories that used to be owned by Daewoo, except for the handful of Camaros and Corvettes, which were authentically American.
Aston Martin sells 38% stake to Italians to raise cash
Fri, 07 Dec 2012Aston Martin today announced a deal with Italian private equity fund Investindustrial, securing a £150m investment to own a 37.5% stake in the business. Aston Martin hopes this should secure the long-term future of the beloved but hitherto financially wobbly sports car maker. Together with the new owners, it announced a £500m investment in future product.
Skoda Yeti Urban special edition (2012) first pictures
Wed, 28 Mar 2012Skoda is launching a special Urban edition of the Yeti baby crossover packing £2450 of extra equipment at no cost over the equivalent SE spec. The new Yeti Urban is based on the two-wheel drive model with a choice of the 104bhp 1.2 TSI or the 2.0-litre TDI diesel with 109bhp. Skoda Yeti Urban Edition: the lowdown This UK special edition is limited to 750 models and hits UK showrooms in April 2012.