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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.
Alfa Romeo goes rear-drive; eight new cars by 2018 including 4C Cloverleaf
Tue, 06 May 2014By Damion Smy Motor Industry 06 May 2014 15:51 Alfa Romeo has confirmed the news first broken exclusively by CAR in July 2013: the Italian brand will make a dramatic shift from front-drive hatches like the Mito and Giulietta, and instead develop a new range of rear- and all-wheel sports saloons, SUVs and sports cars. Announced in Detroit at Fiat-Chrysler HQ, Alfa Romeo chief technology officer Harald Wester revealed the mantra for the brand includes pushing volumes up from 74,000 sales in 2013, to around 400,000 by 2018. Alfa Romeo is investing around €5bn in the project, the first fruits of which will be the new Giulia saloon, a 3-series rival that will go on sale in autumn 2015.Read our scoop of Alfa's strategy here That’s right.
Autonomous emergency braking mandatory in Europe by 2014
Tue, 07 Aug 2012Autonomous emergency braking (AEB) is set to become mandatory as a result of new European regulations. From 2014 Euro NCAP – the organization responsible for conducting independent assessment of vehicle safety performance – will amend its reports and no car will gain a five-star rating without AEB. It's hoped an increased use of the system will cut down on front-end impacts as well as pedestrian injuries.