Volkswagen takes stake in Suzuki

VW takes a 19.9% stake in Suzuki We’re back on the co-operation and rationalisation path again, this time with Volkswagen and Suzuki, with the announcement that VW is to take a 19.9% stake in Suzuki, with Suzuki in turn re-investing up to half of the proceeds in to Volkswagen shares. This deal has been on the cards for some time but has obviously been pushed in to reality by the changing landscape for car manufacturers, where they seek to find a more secure future with takeovers, mergers and partnerships. Which is all very logical, even if it will inevitably lead to less choice for the car buyer in the long term.

Peugeot SXC crossover concept Shanghai debut

The very sexy Peugeot SXC Concept It brings home how important – actually, crucial – the car market in China has become when you learn that car makers are building cars specifically for the Chinese market. Just last week we reported BMW, in collaboration with its Chinese partner Brilliance, has taken the already ‘Made for China’ LWB BMW 5-Series and turned it in to a 5-Series plug-in hybrid. A specific car for a specific market.

1957 Ferrari 625 TRC Spider fetches €5,040,000 in Monaco sale

1957 Ferrari 625 TRC Spider - sold for €5 million R M Auctions Monaco sale at the weekend achieved sales of €33.5 million with a 1957 Ferrari 625 TRC Spider reaching €5,040,000. Last month we reported on a very rare and very appealing 1957 Ferrari 625 TRC Spider being listed at R M Auctions Monaco sale, which took place this weekend, the first time on sale for 30 years. It sold for a not insignificant €5,040,000.