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Volkswagen buys stake in Suzuki
Wed, 09 Dec 2009Volkswagen will buy nearly 20 percent of Suzuki for $2.5 billion in a deal poised to continue VW's ambitious growth plans and bolster its global product offerings. The companies announced the agreement on Wednesday, and it could close in January. The deal allows VW to draw on Suzuki's small-car capabilities and strong position in India.
Jaguar X-Type axed early
Wed, 15 Jul 2009Jaguar is ending production of the Jaguar X-Type at the end of the year The X-Type recipe was a Ford inspired one. Take the basics of the Ford Mondeo – a much better car than it’s given credit for – and Jaguar-ify it to produce a smaller car to fit in to the Audi A4 / BMW 3 SeriesĀ / Mercedes C-Class category. But it got saddled with the looks of the old Jaguar XJ (i.e.
Futuristic, self-balancing Gyro-X to be restored
Wed, 27 Feb 2013Alex Tremulis was an eclectic visionary who saw the future in swoops, curls, bubble tops, and hand-formed metal. At the precarious age of 19, without any training, he landed at Cord Automobile and helped develop the legendary Model 810. In the 1940s he penned the Tucker and the Chrysler Thunderbolt.