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Stobart To Keep On Trucking In £280M Sale Deal

FANS of the well known trucking business Eddie Stobart might be surprised to learn that the company has been sold. However, the iconic name won't vanish from the nation's roads despite the £280 million sale to investors. The business, which employs around 5,000 people and operates 2,300 vehicles, will be led by the founder's youngest son, William Stobart.

VW Tiguan 2010 Facelift

The facelifted VW Tiguan unveiled in China Volkswagen does big business in China, and has done for longer than probably any other Western car maker. We recently reported that VW has sold 5 million cars in China over the last 25 years, and that rate of sales is climbing rapidly. So it’s no real surprise that VW has revealed a facelifted Tiguan at this week’s Guangzhou Auto Show in China.

Chrysler, VW, Kia and Toyota set March sales pace

U.S. light-vehicle sales--aided by Chrysler Group, Volkswagen Group, Hyundai-Kia and Toyota Motor Corp.--rose 13 percent in March to 1.4 million units, with demand for smaller, fuel-efficient models, redesigned vehicles and pickups driving the gains. Even with gasoline prices exceeding $4 a gallon in many parts of the country, the seasonally adjusted sales rate for March hit 14.4 million units.