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Volkswagen takes stake in Suzuki

VW 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.

Jaguar at the London motor show 2008

By James Foxall and CAR reader reporter Jacomoseven Motor Shows 23 July 2008 15:02 After the spate of new Jaguars of late, not to mention a takeover, it should come as no surprise that Jag didn't have much to shout about at the London motor show. What’s new on Jaguar’s London motor show stand?Don’t get too excited, but there’s the XK60 – a special anniversary version of the non-supercharged sports car, designed to celebrate six decades of the XK. It’s basically five grand’s worth of body kit and a chrome gearlever surround for the same money as a regular model.

First Hyundai ix35 FCEV Hydrogen-powered cars delivered

The first production, hydrogen-powered Hyundai ix35 arrives in Copenhagen Hyundai has been threatening to deliver the first production hydrogen-powered ix35s in Europe for a while, and now its finally happened. Fifteen 1×35 FCEVs have been delivered to the City of Copenhagen during the opening ceremony for the first hydrogen refuelling station in Denmark and will be used by the City of Copenhagen as part of their municipal fleet, and demonstrate in the process that FCEVs are a practical proposition. Hyundai has been deploying prototypes of the ix35 FCEv across Europe for the last couple of years as it works to raise awareness of the technology and drive the impetus for a pan-European hydrogen refuelling network, with EU policy makers having access to the ix35 FCEV and 100 European businesses getting a chance to play at a recent event in Berlin.