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Volkswagen’s budget brand close to production (2013)
Mon, 07 Jan 2013VW is approaching the critical phase of its plan to launch a range of aggressively priced base products. How aggressive? Well, we´re looking at €7000 for a four-door family saloon, €7500 for a boxy estate and about €8000 for a basic MPV.
Tesla rolls out Model S hatchback, plans late 2011 start
Fri, 27 Mar 2009Amidst thumping techno and inside his own rocket factory, Tesla founder and CEO Elon Musk pulled the cover off his much-anticipated second car onThursday. The Model S five-door hatchback will go into production in late 2011 at a rate of 20,000 per year. Prices will start at $49,900 for the base model, a price that assumes the $7,500 current Federal tax credit available.
'Jag-Landy deal in 2 weeks'
Thu, 06 Mar 2008By Tim Pollard Motor Industry 06 March 2008 18:50 It was the story that never happened. Rival media reported that the Jaguar/Land Rover sale would be completed at the Geneva Motor Show earlier this week, but CAR Online spoke to executives close to the deal who said it wouldn’t be for another couple of weeks.‘We didn’t want to over-shadow the products at the show, but to be honest the deal just isn’t done yet,’ said our insider. He said the paperwork and epic detail required on a deal of this scale had created new delays – and revealed that the 4-5 March date had been leaked from the unions, not Ford or Tata.