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Range Rover Sport Autobiography Limited Edition
Mon, 14 Sep 2009The Range Rover Sport Autobiography will debut at Frankfurt Land Rover are only planning on building 500 RRS Autobiography cars (we’re back to the limited edition 4x4s to boost flagging sales – as with the BMW X5 10th Anniversary model), and each will come equipped with a new body kit, bespoke grill and air vents and 20″ Diamond Turned alloys. The RRS Autobiography will also get two-tone leather interior and be available as either a 3.6 litre TDV8 or the full-fat Supercharged version. Land Rover are also debuting a new rear-seat package for the full-size Range Rover.
Daimler agrees to unload remaining Chrysler stake
Mon, 27 Apr 2009Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.
Caterham Cars launches engineering business
Thu, 29 Sep 2011Caterham Cars has created a separate engineering business, Caterham Technology and Innovation Ltd (CTI). It is one of the first moves since Team Lotus Enterprises took control of the company in April. Caterham Technology and Innovation will develop a new line of lightweight sports cars inspired by the Caterham Seven and draw on materials and knowledge gained from Team Lotus Formula One and the Caterham Air Asia Team in the GP2 Series.