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Fiat Invades Europe! Aims to take over Opel, Vauxhall and Saab
Mon, 04 May 2009Fiat is moving to take over GM's European brands - Opel, Vauxhall and Saab. [ad#ad-1] Fiat are busy little bees of late. From being a virtually bankrupt car maker just a few years ago, they are busy rampaging around the world playing ‘White Knight’ to ailing car companies struggling for survival in the crisis that has engulfed the car world.
Volkswagen to take full control of Porsche
Thu, 05 Jul 2012Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.
Ford Fiesta sedan for U.S. market gets minor changes
Fri, 10 Apr 2009Ford is busy courting the youth population as potential buyers for the new Fiesta--it has brought 100 Fiesta five-doors over from Europe and loaned them to people for extended test drives. Meanwhile, engineers are putting the final touches on the Fiesta for the United States. Some of those changes are happening in the front and back, as seen on this prototype of the 2011 Fiesta sedan.