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Jaguar Land Rover to spend additional £250 million a year with UK suppliers
Fri, 11 May 2012JLR to spend and extra £1 billion with UK suppliers The Range Rover Evoque phenomenon continues with Jaguar Land Rover announcing an extra £250 million additional annual spend with UK suppliers. Just last week we had the news that Land Rover’s Freelander 2 had hit sales of 300,000 since its launch in 2007, but if the Range Rover Evoque continues selling the way it has that figure will be eclipsed in half the time by the Evoque. And it’s sales of the Evoque – Land Rover has sold 60,000 Evoques in the first seven months on sale – that’s driving the need to spend more with suppliers and the announcement today that UK suppliers can look forward to an extra £250 million a year being spent to support the Evoque’s production at Halewood.
Volkswagen acquires Italdesign-Giugiaro
Tue, 25 May 2010The Volkswagen Group and Italdesign-Giugiaro S.p.A. today announced the next step in their successful cooperation. The Volkswagen Group will take a 90.1 percent stake in Italdesign, including the brand name rights and patents.
Design an MG sports car for 2025, win a scholarship and internship at SAIC
Fri, 09 May 2014SAIC has announced its second university student design competition. To be in with a shout, SAIC wants students to design a dream sports car or GT car for the MG brand to be launched in 2025. The brief asks for a concept that must not only must reference MG's history – 2014 is the firm's 90th anniversary – but that also reflects China's post-90s generation.