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Think, again: Norwegian electric-car maker looks for U.S. plant
Thu, 12 Mar 2009Think, the Norwegian electric-car maker, says it plans to build an assembly plant and a technical center in the United States. After financing failed in the wake of the collapse of credit markets in late 2008, the company entered Norway's debt-settlement process (the equivalent of Chapter 11 bankruptcy), and production of its recently redesigned Think city car was halted. It continues operating under a $6 million interim funding measure while it pursues additional financing.
Audi RS4 Avant: It’s Official
Wed, 15 Feb 2012The 2012 Audi RS4 Avant has arrived - officially The 2012 Audi RS4 Avant has been officially revealed ahead of a public debut at the Geneva Motor Show. Just as we expected, the official details of the new Audi RS4 Avant arrived just hours after the leaked photo of the new RS4 yesterday. And it’s all much as expected.
Jaguar XF CKD assembly starts in India
Tue, 22 Jan 2013Jaguar Land Rover has started assembling the Jaguar XF at its plant in Pune, India, in a move to reduce XF retail prices in India. Lower taxes on cars assembled in India from CKD kits produced in the UK (although not as low as they were), rather than importing complete cars from the UK, mean assembling the Jaguar XF in India will give the XF - already Jaguar’s best-selling car in India – a more attractive headline price. That means the 3.0 litre Jaguar XF dropping in price from 5.8 million rupees (around £68k) to 5.1 million (around £60k) and the newly introduced 2.2 litre diesel XF will come to market at 4.5 million rupees (around £53k).