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Redesigned Volkswagen Polo expected to debut at Geneva motor show
Tue, 27 Jan 2009Volkswagen is on a mission to triple its U.S. sales to 800,000 units by the end of the decade. Hitting that goal will depend on expanding VW's U.S.
New Porsche Cayenne drives Porsche profits – up 25 per cent
Fri, 28 Oct 2011Porsche Profits up 25 per cent - driven by Porsche Cayenne sales Building the Cayenne will be the end of Porsche, cried the Porsche anoraks when Stuttgart entered the SUV fray with the Cayenne back in 2003. But nothing could be further from the truth. As we’ve pointed out endlessly, the lure of a capable and sporty SUV with an iconic badge is a license for Porsche to print money.
London Taxi maker Manganese Bronze bought by China’s Geely
Sat, 02 Feb 2013China automotive giant Geely has bought Manganese Bronze – makers of the iconic London Black Cab – in an £11.04 million deal. The iconic London Black Cab has been an accident waiting to happen for years, as under investment in making the Black Cab fit for the 21st century saw competition – like the Mercedes Vito Taxi and the Nissan NV200 Cab – start to offer serious competition to the taxi that identifies London. Despite an investment by China’s Geely – when Geely bought 20 per cent of Manganese Bronze, makers of the Black Cab – and the bulk of the Black Cab being produced in China and bolted together in the Midlands, the final nail in the coffin for Manganese Bronze was the recall of 400 TX4 cabs over a steering fault.