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Fiat and Chrysler get in to bed together
Tue, 20 Jan 2009Before Christmas the CEO of Fiat was reported as saying that he believed that the current malaise in the car market (and any other market, for that matter) would result in the rationalisation of the industry, and see just a handful of big players come out the other side. His words now seem prescient, as it has been announced today that Fiat and Chrysler have effectively entered in to a partnership. Fiat takes a 35% stake in Chrysler The partnership, with Fiat taking 35% of Chrysler, means a number of benefits for both companies.
Volvo to shake up S, V, C and XC badges
Wed, 03 Feb 2010Volvo will overhaul its naming system in the coming years - removing some of the uncertainty over odd numbers in the same range, such as the S40 and V50.Chief executive Stephen Odell today admitted he found Volvo's badges confusing when he first joined Volvo two years ago. 'When I arrived at Volvo I struggled to understand the nomenclature,' he admitted. 'Yes, we will be changing it.'Under the new naming system, the S40 and V50 would carry the same number.
Jaguar Land Rover may build cars in Saudi Arabia
Tue, 11 Dec 2012Jaguar Land Rover is planning to create a new factory in Saudi Arabia, subject to the outcome of a feasibility study of the kingdom, it announced today. The move centres around a planned partnership with Saudi Arabia's National Industrial Clusters Development Program (NICDP), helping JLR advance its aluminium platform technology. What are the details of the JLR-Saudi deal?