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Maserati Alfieri (2016) confirmed; five-fold sales increase wanted
Tue, 06 May 2014By Damion Smy Motor Industry 06 May 2014 18:08 Maserati boss Harald J Wester has confirmed that the Alfieri concept, shown at the 2014 Geneva motor show, will be built in both coupe and convertible forms. Following the announcement of Alfa Romeo’s plans, which see it share rear- and all-wheel drive platforms with Maserati, Wester confirmed production of Maserati’s Porsche 911 rival. The Alfieri will be offered in three guises, kicked off with a rear-drive entry-level model powered by a 410bhp V6, a mid-level 450bhp all-wheel drive version and a flagship 520bhp V6 all-wheel drive model.
Saab owner and Chinese investors continue talks regarding takeover deal
Tue, 15 Nov 2011Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.
Toyota updates the Verso MPV
Thu, 26 Feb 2009Toyota will show the all new Verso at Geneva '09 The Verso is an all new version of the MPV, offering Toyota’s Easy Flat-7 seating configuration, which basically allows owners to lower all the back five seats individually to accommodate whatever configuration they need for load/passenger requirements. The Verso is stretched over the old Verso, with a longer wheelbase and wider track, offering a more spacious interior. There’s a pretty much all-round increase in power of 20%, but Toyota has managed to pull off a 12% reduction in emissions and fuel use.