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MG TF – New entry-level model coming
Tue, 12 May 2009The MG TF LE 500 - soon to be joined by an entry-level model and Anniversary Edition [ad#ad-1] Last year MG owners SAIC breathed life back in to the MG marque by launching the MG TF LE 500 in the UK. What’s more, the MG TF is actually being built in the UK, at Longbridge. But it looks like the TF LE 500 is soon going to be joined by a new entry-level model to bump up sales and interest.
News watch March 2010: today's auto industry news
Tue, 30 Mar 2010Tuesday 30 March 2010• Mercedes has dismissed claims that its Maybach brand is for sale, after reports in the Chinese media claimed Chinese car company BYD was considering a bid for the upmarket offshoot. BYD has also denied the claims (Reuters)• Toyota president Akio Toyoda has promised his company will listen more carefully to customers and react faster in a bid to regain credibility after the Japanese car manufacturer was forced to recall millions of vehilces over safety fears (BBC)• The Obama administration is expected to unveil its finalised fuel economy and tailpipe emissions through to 2016 this week, to coincide with the opening of the 2010 New York auto show (Detroit News) Monday 29 March 2010• Toyota has agreed to licence the hybrid technology in the Prius to Mazda, which will combine the electric system with its next-gen Sky engines. It’s part of Mazda’s plans to increase the average fuel economy of its vehicles by 30% by 2015 (compared to 2008 levels) and it hopes to have its first hybrid vehicle on sale in Japan by 2013 (Mazda)• Ford and Chinese car company Geely have signed a stock purchase agreement that will allow the latter to acquire 100% of Volvo (along with related assets including intellectual property rights).
GM leapfrogs Toyota
Tue, 24 Jul 2007By Chris Hope Motor Industry 24 July 2007 10:19 Is General Motors winning the battle, but not the war? GM this week wrestled back its top spot as the world's biggest car maker from Toyota. The Japanese maker was the global number one in the first quarter of 2007 but GM has hit back in the second quarter from April to June to reclaim its 76-year-old crown.