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Dacia won’t build a car smaller than the Sandero
Sun, 02 Jun 2013The Dacia Sandero (pictured) will remain Dacia’s smallest model In austere times, budget buys sell. Which is why Dacia is having so much success with its compact Sandero and Duster SUV. With prices on the Sandero starting at just £5,995 and Duster SUV prices as little as £8,995 (although you’ll have to pay £10,995 for a 4WD version), car buyers are buying Dacias as quickly as Renault can build them, with sales in a European market that shrank by 7 per cent last year up by 18 per cent to 90,000 cars for Dacia.
GM shifts gears, will keep Opel
Wed, 04 Nov 2009General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.
Toyota to get BMW Diesel Engines, BMW to get Toyota Hybrid Technology
Mon, 28 Nov 2011BMW & Toyota in talks to share technology Toyota and BMW are reportedly in talks to share technology, with BMW getting access to Toyota’s hybrid expertise, and Toyota getting BMW diesel engines. A profitable future for car makers relies to a great extent on yielding the best return they can from their own products, and using the products of other car makers to augment their own range at sensible money. That imperative explains the report today that BMW and Toyota are in talks to exchange technology at which they excel; Toyota with hybrid technology and BMW with diesel engines.