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Peugeot-Citroen signs £1.3bn rescue deal
Thu, 20 Feb 2014French car manufacturing giant PSA Peugeot-Citroen has signed a £1.32 billion deal with Chinese carmaker Dongfeng Motors and the French government to secure its future. The far-eastern firm and the French government will each invest €800 million (around £660 million). Both organisations will receive a 14% stake in the business.
Car games galore at the Electronic Entertainment Expo
Wed, 12 Jun 2013“Nearly every American plays video games,” said Mike Gallagher, president and CEO of the Entertainment Software Association. Lucky for you, the car enthusiast, nearly every video-game maker also makes a car-related video game. And just about all video-game makers gather once a year at the Electronic Entertainment Expo, or E3, held again in the very same Los Angeles Convention Center that houses the LA auto show.
Aston Martin Shop – at the Nurburgring
Fri, 17 Jul 2009Aston Martin has opened a 2500 sq ft shop at the Nurburgring selling accessories and trinkets And now Aston Martin has decided it’s time to play shopkeeper, so they have opened up a new merchandise store at the Nurburgring. And they’re in good company, as both Nissan and Ferrari have recently done the same. But this is as much about the Nurburgring’s intention of becoming a leisure and business centre as it is about being a sales refuge for beleaguered car makers.