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Volkswagen takes stake in Suzuki
Wed, 09 Dec 2009VW takes a 19.9% stake in Suzuki We’re back on the co-operation and rationalisation path again, this time with Volkswagen and Suzuki, with the announcement that VW is to take a 19.9% stake in Suzuki, with Suzuki in turn re-investing up to half of the proceeds in to Volkswagen shares. This deal has been on the cards for some time but has obviously been pushed in to reality by the changing landscape for car manufacturers, where they seek to find a more secure future with takeovers, mergers and partnerships. Which is all very logical, even if it will inevitably lead to less choice for the car buyer in the long term.
Ford F-150 gets upgrades for 2012
Thu, 29 Sep 2011A 36-gallon fuel tank leads the changes on the 2012 Ford F-150 pickup, which makes for a range of 756 bladder-busting miles without filling up. The FX trim gets a new appearance package, and the availability of a locking rear axle is expanded. The engine lineup is unchanged from that of the 2011 model, with six-speed automatic transmissions as standard equipment.
Volkswagen Polo wins European Car of the Year award
Tue, 01 Dec 2009Volkswagen's new Polo--slated to enter the U.S. market within three years--narrowly beat the Toyota iQ to win the 2010 European Car of the Year award. The Polo scored 347 points against 337 for the iQ city car.