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New Qoros at Geneva 2014 – looks like a Crossover/SUV
Fri, 27 Dec 2013New Qoros at Geneva 2014 – looks like a Crossover/SUV Chinese car maker Qoros – hoping to make inroads in to the European market with its Qoros 3 saloon – is heading for the Geneva Motor Show in March with a new model, teased today in a pair of photos. Qoros’s first production model – the Qoros 3 – arrived in production guise at Geneva this year as a convincing – if generic -looking – four-door saloon, which we did think an odd route to go to break in to Europe. But the next Qoros – previewed here in a couple of teaser photos – looks to be a production version of the Qoros Cross Hybrid Concept Qoros showed at Geneva and a much better route to grabbing a slice of Europe’s car sales.
Volkswagen brings entire Polo lineup to Geneva
Tue, 25 Feb 2014Volkswagen revealed the new Polo lineup on Wednesday ahead of the cars' official appearance at the Geneva motor show. The Polo family now includes the Polo TSI BlueMotion, TDI BlueMotion, BlueGT and CrossPolo. VW will also tout its R-Line exterior and interior packages for the subcompacts.
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.