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Suzuki showing signs of distress, scaling back U.S. operations
Mon, 16 Apr 2012Struggling Suzuki is shrinking in many ways. Insiders say the company is slashing marketing while sales and the dealer roster dwindle. The many signs of trouble: -- In a market up 13 percent through March, Suzuki was down 2 percent to just 6,561 sales.
Renault Koleos
Thu, 28 Sep 2006By Ben Barry Motor Shows 28 September 2006 01:37 The lowdown Renault boss Carlos Ghosn today unveiled the latest fruits of the Renault/Nissan alliance at the Paris Motor Show: the Renault Koleos concept, the French firm’s first steps into soft-roader territory. Despite being a concept, the Koleos closely mirrors the production car. The Koleos is an incredibly important vehicle for Renault, taking it into the crossover 4x4 market, and being a key player in La Regie’s bid to release 26 cars by 2009 – ‘to rejuvenate, extend and revitalize our product range,’ according to Ghosn.
Porsche buys Nardo for high-speed tests
Wed, 11 Apr 2012Porsche has announced it is to take ownership of the famous Nardo Proving Ground in southern Italy. The company's engineering consultancy wing, the Porsche Engineering Group, will assume ownership as of May 2012. Nardo is currently owned by Italian firm Prototipo SpA. No fee has been disclosed by either party.