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Volkswagen & Suzuki – it’s handbags at dawn

Volkswagen Suzuki Partnership - things aren't exactly rosy Back in 2009 Volkswagen invested a rather large chunk of change (around €2 billion) in Suzuki in exchange for a 20% stake in the Japanese car maker, and there were big hopes for advantages for both parties. Volkswagen were looking for a quick-fix route to the burgeoning car market in India, where Suzuki were doing very well, with sales in India last year of 1.13 million cars – almost half its production – in comparison to VW’s paltry sales of just 53,000. In return, Suzuki were expecting to get a quick route to cutting-edge hybrid and electric tech for their range, and access to VW’s engines.

Lexus LFA says goodbye on video

The Lexus LFA says goodbye in a tribute video The very last Lexus LFA was produced in December 2012, and the last LFA destined for Europe in March 2013, so now, with the LFA consigned to the annuls of Toyota’s car history, Lexus has decided they should pay tribute to their very special supercar. It took a decade to get the LFA from initial concept to production, and much changed in that time. But the end result was worth the wait, even if the price tag – north of £300k – made the LFA a car only for the properly wealthy petrolheads.

UAW: GM, Chrysler may not need additional federal funds

UAW President Ron Gettelfinger said today that General Motors and Chrysler LLC may not need additional federal loans beyond the $17.4 billion approved by the White House. "If we can get by without more money, that's what we want to do," Gettelfinger told Automotive News in an interview at Solidarity House in Detroit. He said how well the money holds out will depend on sales volume this year.