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Stobart To Keep On Trucking In £280M Sale Deal
Fri, 07 Mar 2014FANS of the well known trucking business Eddie Stobart might be surprised to learn that the company has been sold. However, the iconic name won't vanish from the nation's roads despite the £280 million sale to investors. The business, which employs around 5,000 people and operates 2,300 vehicles, will be led by the founder's youngest son, William Stobart.
2013 Peugeot 208 GTi Limited Edition
Wed, 26 Sep 2012Peugeot are producing a limited run of 29 special 208 GTi models to kick off sales of the new GTi – price £20,495. It’s hard to believe, but this week’s Paris Motor Show is actually the public debut of the production version of the new Peugeot 208GTi, following the actual 208 GTi reveal earlier this month Based on the 208 GTi Concept we saw at Geneva in the spring, the 2013 GTi is a car Peugeot hopes will cast a performance glow across the rest of the 208 range, just as the 205 GTi did in years gone by. To kick off sales of the new 208 GTi, Peugeot has revealed a Limited Edition version – catchily branded the 208 GTi Limited Edition – which will be available to buyers ahead of the first regular GTis.
News watch June 2010: today's auto industry news
Wed, 30 Jun 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 June 2010• Tesla shares have rocketed 40% on their first day of trading; the company went public this week with the first IPO of an American car company since Ford in the 1950s (BBC News)• GM may sell off its interests in finance arm GMAC and parts supplier Delphi as it seeks to write down its debts (Financial Times)• A Federal judge has approved the $20m sale of a former GM plant in Wilmington to Fisker Automotive; Fisker hopes to build 100,000 cars a year once production hits a peak after launch in 2012. It is using a $529m government loan to fund its launch (Detroit News)Tuesday 29 June 2010• UK business secretary Vince Cable has warned that the car industry is no longer in an emergency – and cannot expect direct government support.