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Nissan Juke n-tec arrives in the UK: Price from £16,295
Sat, 06 Apr 2013Nissan has revealed a new model in the Juke range – the Juke n-tec – with cosmetic tweaks and extra equipment Cost from £16,295. It was a move that gave Nissan an edge as car makers woke up to the realisation that car buyers wanted something a bit higher riding and a bit more butch than a saloon car to ride around, leaving other car makers hustling to catch up with Nissan’s Crossover jump. And it was the success of the Qashqai that inspired Nissan to follow up with a little brother in the shape of the ‘I’m ugly but I’m funky’ Nissan Juke, which looks a bit like a four-wheeled bug prowling the urban landscape, but which is actually a good little car.
Volkswagen hits back, weighs making a bid for Porsche
Thu, 23 Apr 2009Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.
Hyundai ponders second U.S. plant
Mon, 17 Jan 2011As a lack of production capacity restrains its growth, Hyundai will consider a second U.S. assembly plant. "That's something that we're going to look at," Hyundai Motor America CEO John Krafcik said last week at the Detroit auto show.