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New products to drive Porsche's sales goals
Mon, 24 Jan 2011Porsche may add an entry-level sports car as part of a plan to double global sales to 200,000 units by 2018. The new four-cylinder sports car would be in addition to a small SUV and a plug-in hybrid supercar recently approved for production. Matthias Mueller, the former Volkswagen executive who took over as Porsche CEO in October, says a new product strategy will be completed by the end of March.
Jeep to use Fiat platforms starting in '13
Thu, 05 Nov 2009Jeep's small SUVs will use Fiat-supplied platforms starting in 2013, Jeep brand CEO Mike Manley said on Wednesday. Jeep will eliminate the Patriot and Compass crossovers after 2012 and replace them with a single C-segment vehicle whose platform will originate with Fiat Group. Jeep also will introduce a B-segment small SUV in 2013 with a Fiat platform.
Winners announced in Factory Five design competition
Fri, 17 Jun 2011Earlier this year, we brought you news of an open-sourced design competition from American kit car manufacturer, Factory Five. The brief called for a compact, two-seat roadster that shared a drivetrain with the Subaru Impreza. The car would feature a bespoke space-frame chassis, but the mechanicals would be lifted from the Impreza to allow the car to sell for under $15,000.