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Are Peugeot Citroen set to be bought out by GM?
Fri, 28 Jun 2013Could GM take control of Peugeot Citroen? Last year we reported that Peugeot Citroen (PSA) and GM were forming a joint alliance to cut costs and develop new cars. But we questioned if the small savings of €2 billion a year from jointly developing new platforms and engines would do anything to stem the losses both companies were facing in Europe, and wondered if the only solution was a merger.
New Ford Fiesta ST sales double expectations – production increased
Tue, 06 Aug 2013Ford Fiesta ST (pictured) is selling so well Ford is having to increase production The new Ford Fiesta ST may have taken longer to get from concept to showrooms than expected, but now it’s here it’s proving to be a big hit for Ford. Ford finally managed to get the new Fiesta ST in to production in February, and at the time we commented that we thought the new ST would be a big hit with buyers. That’s down not just to how good the new Fiesta ST is, but because it comes at a very appealing price – just £17k for the regular ST and £1k more for the much better equipped ST2 – which undercuts Peugeot’s 208 GTI by £2k whilst offering similar performance but better dynamics.
Volkswagen trots out Mini Vader for Chattanooga plant inauguration
Thu, 26 May 2011Volkswagen is hoping that a little advertising goes a long way. The company brought its Super Bowl star Mini Vader back for an encore during the opening ceremonies for VW’s new Chattanooga factory. The pint-sized Dark Lord gave a final blessing to the plant before pushing a red button to make things official.