Archive for November, 2009
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Hyundai Motor Co of South Korea has said it will pull out of the Japanese passenger vehicle market because of slow sales.
French carmaker Renault has signed a deal to save struggling Russian partner Avtovaz, the maker of Lada cars.
Munich, Nov 27 (DPA) German carmaker BMW confirmed Friday that it has reached an agreement with Peter Sauber about the sale of the BMW-Sauber team which should ensure it can race in the 2010 Formula One season.
The BBC has reported that the UK company owned by the ex-bosses of MG Rover has paid back some of the millions of pounds taken out of the car maker.
French parents aren’t too happy with Renault with the company’s decision to name their new supermini “Zoe.”
Zoe is the 17th most popular name for newly born girls in France today and parents don’t want to have their kids growing up with a car as a namesake. Concerned parents have been sending Renault letter expressing their concern.
“Our daughters have a beautiful first name that must not be associated with a car, so let us unite to bring pressure on a multinational which s going to destroy this pretty name for a children,” says a petition launched by concerned parents.
The Zoe made its debut in n the last Frankfurt motor show. The electric car is powered bya 94 bhp electric motor that dishes out 166 lb-ft of torque with a range of 100 miles in a single charge. And it’s no slouch either, with a 0-62 mph time in just 6.7 seconds.
Source: Autocar