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Toyota FT-86 to get Subaru 2.0 litre Boxer engine
Fri, 29 Apr 2011The Scion FR-S Concept - the North American Toyota FT-86 It’s actually starting to look as if Toyota – and Subaru, for that matter – are really going to finally get their respective fingers out and deliver to the market the affordable sports cat they’ve been promising for the last two year. The original Toyota FT-86 surfaced in 2009 with a promise of affordability and fun and we all got quite excited, especially as it was a surprisingly brave move for an increasingly bland and corporate Toyota. But then everything went rather quiet.
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.
Peugeot iOn Electric at Frankfurt
Mon, 07 Sep 2009Peugeot are bringing the iON EV to Frankfurt Latest to join the electric car party is Peugeot, who have announced they will be showing the Peugeot iOn, which is to all intents and purposes a re-badged Mitsubishi i-MiEV. No question that this – like all these little electric cars – is a city car only. It ‘boasts’ a range of just 80 miles on a full charge, but that’s enough if you’re only using it in town.