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2014 Subaru WRX STI revealed – and it’s coming to the UK
Wed, 15 Jan 20142014 Subaru WRX STI revealed – and it’s coming to the UK We learnt last week that the new Subaru WRX STI was heading for a debut at the Detroit Auto Show and it’s now arrived, as has confirmation that the new WRX STI is going on sale in the UK too. Subaru UK has confirmed that because the Yen has weakened there’s now a strong enough case to put the new WRX STI on sale in the UK, and that it will cost less than the original list price of the old model at £28,995. The new WRX STI gets the familiar 2.5 litre four-pot delivering 305bhp and 290lb/ft of torque, sent to all four wheels through a six-speed manual gearbox.
Aston Martin expands personalization scheme
Thu, 13 Oct 2011Aston Martin, the UK's ‘coolest brand', is set to increase its offerings of unique products. The British carmaker has announced that the ‘Works Tailored' personalization and customization department is expanding as part of a six-month development plan within the brand. The recently formed ‘Works Tailored' department, which works in close collaboration with engineers and designers, offers owners of Aston Martins of any age the chance to personalize their car to their exacting standards.
Volkswagen hits back, weighs making a bid for Porsche
Thu, 23 Apr 2009Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.