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Porsche, Volkswagen work out more sale details, may use Auto Union name
Thu, 13 Aug 2009Porsche and Volkswagen have broadly agreed on sale terms, and the name Auto Union may be resurrected, Reuters reports. The new entity could be led by Volkswagen CEO Martin Winterkorn, and Porsche would retain some independence--similar to Audi's setup within the Volkswagen Group. Porsche would be the 10th brand in the company.
BMW i Ventures buys in to ParkatmyHouse.com
Fri, 15 Jul 2011BMW i-Ventures invest in ParkatmyHouse.com Earlier this year – when BMW launched their BMW-i Brand – there was also news of a new BMW company – BMW i Ventures – which BMW said they were setting up to invest in interesting stuff related to cars. BMW stated their goal as “…to expand the range of products and services offered by BMW i in the long term by taking stakes in highly innovative service providers”, and their first investment was in to an app business - My City Way – which provides users with information on public transportation, parking availability, and local entertainment. BMW argue – very sensibly – that our fuel usage can be cut by using common sense and new technology.
Honda CR-V (2012) - the European crossover is unveiled
Fri, 24 Feb 2012Honda will show this European-spec CR-V crossover at the 2012 Geneva motor show. Until now, we've only seen the US CR-V. There's still a bit of a wait for the new CR-V, however.