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Viper sports car division no longer for sale

By Ben Whitworth Motor Industry 13 July 2009 14:08 Viper’s yo-yoing lifeline looks to be finally secured after ailing parent company Chrysler said the sports car maker was no longer for sale. Rather than killing off its muscle-bound brand, last summer Cerberus-run Chrysler considered selling off the rights to the Viper, hoping to achieve around $10m for the Detroit assembly plant and brand equity to bolster its dwindling cash reserves and stave off imminent bankruptcy. After an initial surge of interest from similar-minded companies like Roush and Saleen, curiosity nosedived along with the global economy.

Subaru Impreza WRX & Impreza WRX STI – more for your money

Subaru Impreza WRX and WRX STI get free Prodrive Performance Pack If, despite the state of the economy, you’re looking for a set of Playstation driving thrills in a real world car a Subaru Impreza is a good shout. The bog standard Impreza is not the quickest – or best looking – car on the block, but the WRX has a decent turn of speed. And the WRX STI gets things moving even better.

Jaguar/Land Rover sell-off latest (2007)

By Tim Pollard Motor Industry 12 June 2007 07:36 Ford has appointed Goldman Sachs, Morgan Stanley and HSBC to investigate selling its British premium brands Jaguar and Land Rover. The move effectively signals the end of the Blue Oval's PAG division. Officials have refused to confirm or deny the sale, but have outlined to MPs the deal which will spin off Jaguar and Land Rover, but retain Volvo in the Ford family.