Motive Gear F890411 9” Ford Performance Differential 4.11 Ratio Ring Pinion Set on 2040-parts.com

Daimler raises its stake in Aston Martin to 5%, as alliance deepens

By Tim Pollard Motor Industry 04 August 2014 17:42 Daimler has raised its stake in British sports car maker Aston Martin as the Anglo-German alliance strengthens, it emerged today. The Mercedes-Benz parent company grew its stakeholding by 1% on 31 July 2014, the company confirmed. Daimler now owns 5% of Aston Martin.

Saab go back for another Chinese

Saab are saved (?) by Pang Da Auto There can’t be many companies in China who haven’t had Victor Muller banging on their door armed with a chunk of Saab stock in exchange for a hat full of Chinese currency. A couple of weeks ago we had the news that Saab had signed a deal with Chinese car Maker Hawtai for €120 million in exchange for a big chunk of Saab stock and lots of ‘joint’ venture. But that fell apart last week even before Victor Muller could get to consummate the marriage.

Production of Peugeot iOn and Citroen C-Zero EVs halted

Production of the Peugeot iOn and Citroen C-Zero – both the Mitsubishi i-MiEV under the skin – has been halted by Mitsubishi. The Peugeot iOn EV arrived at the Frankfurt Motor Show three years ago and the Citroen C-Zero EV arrived a few months later, heralding PSA’s arrival in the EV market with a car based on the Mitsubishi i-MiEV. But the prices were frankly horrible at £33,155, more than four times what you’d have to pay for a Citroen C1 or a Peugeot 107 with the 1.0 litre petrol engine.