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BMW set to go front-wheel drive
Wed, 17 Mar 2010BMW chairman Norbert Reithofer has confirmed that the German carmaker will introduce a new front-wheel-drive entry-level model positioned and priced below the existing 1-series as part of plans to help increase part sharing and to bolster the potential for production savings between the BMW and Mini brands, thus bringing an end to the era of rear- and four-wheel-drive-only BMW models. Speaking to AutoWeek at the Geneva motor show, Reithofer said internal BMW studies revealed that despite the downturn in the world's economy, there was continued demand for what he described as "premium vehicles" in the small-car class, before officially acknowledging plans that will see BMW produce a rival to the recently unveiled Audi A1 and a new Smart Forfour presently under development at Mercedes-Benz. "We will be extending the BMW and Mini brands into the small-car segment with new models and variants," he said.
Who's Where: Peter Schreyer appointed President of Kia Motors
Fri, 28 Dec 2012Peter Schreyer has been been appointed President of Kia Motors after holding the position of Chief Design Officer since 2006. Schreyer is the first non-Korean to hold the position within the company and one of the highest-ranking designers in the history of the industry. Schreyer, who is now 59, moved from the VW Group to transform the historically 'dull-but-worthy' Kia product range into one of the strongest and most design-led in the industry through stand-out production cars such as the Picanto and Sportage as well as a diverse range of concepts from Pop to GT.
Ex-Keith Richards Ferrari Dino for sale at auction
Fri, 02 May 2014A classic Ferrari Dino 246 GT bought new by Rolling Stones’ guitarist Keith Richards is to be sold at auction on Friday 9 May 2014, in Monaco. What’s more, the Dino is being offered with no reserve – so you never know, it might just end up being a bargain… Click through our gallery to read more about the sale of Keith Richards’ Ferrari Dino