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Alcraft Motor Company to ‘reinterpret’ British vehicles

Alcraft Motor Company, a new British bespoke design and engineering business, has launched its first design study in a line of concepts that will “reinterpret vehicles using British design values.” With the help of students from the Royal College of Art, Alcraft will initially focus on marques with British heritage, including Aston Martin, Jaguar and Land Rover. On Bing: see pictures of Range Rovers Find out how much a used Range Rover costs on Auto Trader It’s this last brand Alcraft is turning its attention to first, reimagining the 2013 model year Range Rover with even more of a British spin. Here’s how, according to Alcraft design consultant Matthew Humphries: “We’re extremely pleased with how the Range Rover study has turned out.

Budget 2009 - UK gets £2000 scrappage scheme

By Ben Pulman Motor Industry 22 April 2009 15:15 Chancellor Alistair Darling has announced a £2000 car-scrapping incentive, and a surprise 2p per litre increase in fuel tax in the latest budget. Darling delivered his Budget speech at 12.30pm GMT today. Scroll down the page to see our edited highlights of the 2009 Budget, read in-depth details of the scrappage scheme and see how the motor industry has responded.

GM sells Suzuki shares to raise emergency funds

By 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.