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Land Rover starts voyage of Discovery with Virgin Galactic (2014)
Tue, 15 Apr 2014By Phil McNamara First Official Pictures 15 April 2014 09:30 Land Rover took a giant leap in New York last night, unveiling a concept car vision of the new Discovery family and announcing a partnership with Virgin Galactic. The Discovery was revealed on the deck of the USS Intrepid aircraft carrier alongside Virgin's SpaceShipTwo, the rocketship charged with making space tourism a commercial reality. Land Rover's SUVs will be the taxi of choice for budding, wealthy astronauts, attending Virgin's New Mexico base for training and space flights.
Volkswagen to take full control of Porsche
Thu, 05 Jul 2012Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.
New Longbridge production line
Thu, 31 May 2007By Tim Pollard Motor Industry 31 May 2007 10:10 Reborn MG opens its doors at Longbridge Yesterday marked the latest chapter in one of the genuine rollercoaster stories of our times: the rise and fall – and now yet another recovery – of car production at Longbridge, the spiritual home of some of the most famous nameplates in British car manufacturing. This time it’s the rebirth of MG, now in Chinese hands and back from a near-death experience since MG Rover collapsed in April 2005. Nanjing Automobile Corporation (NAC) is the oldest car maker in China and paid £50 million to snap up the MG brand and manufacturing rights, but can it really stand a chance with its new English project? The Chinese manufacturer is reviving the MG brand and, in Europe, the first model on sale will be the revised TF roadster on sale around September 2007.