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Alfa Romeo goes rear-drive; eight new cars by 2018 including 4C Cloverleaf
Tue, 06 May 2014By Damion Smy Motor Industry 06 May 2014 15:51 Alfa Romeo has confirmed the news first broken exclusively by CAR in July 2013: the Italian brand will make a dramatic shift from front-drive hatches like the Mito and Giulietta, and instead develop a new range of rear- and all-wheel sports saloons, SUVs and sports cars. Announced in Detroit at Fiat-Chrysler HQ, Alfa Romeo chief technology officer Harald Wester revealed the mantra for the brand includes pushing volumes up from 74,000 sales in 2013, to around 400,000 by 2018. Alfa Romeo is investing around €5bn in the project, the first fruits of which will be the new Giulia saloon, a 3-series rival that will go on sale in autumn 2015.Read our scoop of Alfa's strategy here That’s right.
GM expands credit union program nationally
Thu, 08 Jan 2009General Motors on Wednesday launched a nationwide test program that gives 90 million credit union members access to the company's Credit Union Member Discount Program with participating GM dealers. The "Invest in America" program also gives members access to financing on new-vehicle purchases. This follows a four-state Midwest program GM began early last month.
Megane Renaultsport 275 Trophy revealed
Wed, 14 May 2014Meet the hottest Renaultsport Megane ever – the Megane Renaultsport 275 Trophy, which Renault hopes will eat the SEAT Leon Cupra for breakfast around the infamous Nurburgring test track. Packing, you guessed it, 275hp, the 275 Trophy has an extra 10hp over the standard Megane Renaultsport. Exact performance figures are still to be confirmed but Renault tells us the Trophy will return 37.7mpg, with peak power from its twin-turbocharged engine coming at 5,500rpm.