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Call to pass on petrol price cuts
Fri, 20 Sep 2013THE AA has joined calls for retailers to pass on a fall in the wholesale price of petrol to motorists. Pump prices have "barely budged" from the late summer high of just over 138p a litre despite a 2p-a-litre fall in the wholesale price of petrol a fortnight ago and a further 3p drop last week, according to the latest AA Fuel Price Report. Petrol averaged 132p at the start of the year, "and this is where it should be heading if the wholesale price collapse persists", the report said.
Fiat and Chrysler to completely merge?
Sun, 06 Feb 2011Chrysler Group and Fiat Group's auto division could become a single company based in the United States, Chrysler and Fiat CEO Sergio Marchionne told an industry conference here Friday. That won't happen until after Chrysler refinances the government loans that have kept if from being profitable and holds an initial public offering, both of which Marchionne hopes will happen this year. "From a corporate governance standpoint, there's a point where separate companies make no sense.
Jaguar XF 2.0 litre EcoBoost for China
Tue, 12 Jun 2012Jaguar are to fit the 2.0 litre EcoBoost engine to the XF for the Chinese market as a more affordable entry point for the XF range. Even though Jaguar Land Rover are yet to get official Chinese Government approval for their Joint Venture with Chery, China is already a big market for them and, just like other luxury car makers, they are willing to produce cars just for the China market. According to reports from China, the Jaguar XF is about to get the 2.0 litre EcoBoost engine from the Range Rover Evoque to create a new entry-level Jaguar XF at a more appealing price point.