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Volkswagen Golf R 400 sounds like it means business (video)
Sun, 08 Jun 2014The VW Golf R 400 (pictured) on the move in Vienna The Volkswagen Golf R Concept arrived at the Beijing Motor Show recently, and it looked pretty much production-ready. So it was no huge surprise when we got news that the Golf R 400 is going in to production – although probably in limited numbers with a big price tag – and there seems to be more than a fighting chance it will actually get more than the 395 bhp (400 PS) the concept has. But even if the R 400 only comes with 395 bhp, it promises to out-do the current hot hatch champion – the Mercedes A45 AMG – with a 0-62mph of 3.9 seconds and a top speed of 174mph, with all its power being put down to all four wheels through VW’s 4MOTION.
Ford to sell Aston Martin
Thu, 31 Aug 2006By Georg Kacher Motor Industry 31 August 2006 02:39 The world’s two biggest luxury goods firms – including the conglomerate behind brands like Moet and Louis Vuitton – are locked in a battle to buy Aston Martin from cash-starved Ford. Ford announced today that the British sports car manufacturer would be sold and CAR has learned that Swiss-based Richemont and the French holding company LVMH have emerged as most likely to take on Aston despite having no previous experience in the car industry. Ford desperately needs to tap into the potential $700m-$1bn the sale of Aston could generate and hopes to finalise a deal by the end of the year.
Mercedes-Benz to take over Smart distribution from Penske; plans for four-door scrapped
Mon, 14 Feb 2011Mercedes-Benz has agreed to take over Smart car distribution in the United States from Penske Automotive Group, the companies said Monday. Penske launched the European microcar brand, which is owned by Mercedes' parent, Daimler AG, as an independent distributor in 2008. But after a fast start, U.S.