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Bentley at the Geneva Motor Show – it’s not just cars
Mon, 22 Feb 2010The Bentley Breitling Watch - on sale at the Bentley Boutique at the Geneva Motor Show It looks like Bentley are taking the whole ‘Merchandise’ thing as seriously as Ferrari do. Perhaps they decided last year – when Bentley were selling next to no cars – that shoving the Bentley logo on a range of upmarket toys was a way to bring in some much needed revenue. It was even reported at the nadir of Bentley sales that they had their craftsmen – who had nothing to do – churning out some bespoke furniture.
News watch February 2012: today's auto industry news
Wed, 29 Feb 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe) • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.
Magna mulls Pininfarina takeover
Wed, 17 Nov 2010Canadian-Austrian parts supplier Magna International Inc. is weighing a proposal to buy Italian design specialist Pininfarina S.p.A., three sources with direct knowledge of the matter told Automotive News Europe. Earlier this month, Pininfarina's quarterly earnings report disclosed that the company could be sold as soon as Dec.