New Delhi, Dec 17 : Magneti Marelli, a Fiat Group company, headquartered in Italy with a turnover of $ 6.5 Billion and a leader in automotive systems, components and services, today announced a path-breaking partnership with Carnation Auto, India's first independent multi-brand automotive sales and service network solutions provider.
Saab might not be going entirely to BAIC but another American-owned European will be shipped to China.
Zheijiang Geely Holding will be completing its takeover of Ford Motor Company’s Volvo group early next year.
Ford is the only member of the Detroit 3 not to declare bankruptcy or be sold. Still, Ford had a tough year seeing a drop in its revenue due to the auto sales drop. Hyundai has overtaken Ford to be the fourth largest automaker in the world.
Ford controls several divisions and subsidiaries including Mercury, Lincoln and Mazda but the sale of Volvo means that Ford will not be controlling any badge.
Geely is said to acquire Volvo for its $1.8 billion value.
Bugatti might be planning its new car (remember the Galibier concept?) but that doesn’t mean that the Veyron should be forgotten. Bugatti made three limited Veyron editions just for the Dubai motor show.
Yup. You read that right. That’s three. And you have to wonder if Bugatti stylers have started snorting powdered aluminum.
The “Nocturne” which features a black and polished aluminum body. To round up the shiny bits, the car featuyres galvanised side windows, custom rims, a platinum center console and black magnesium dashboard.
Next up is the “Sang d’Aergent” inspired by the old Centenary Villa d’Este cars. The car features a two-tone exterior and polished aluminum.
Rounding up the trio is the “Soleil de Nuit” (meaning “sun of the night”) which comes in a deep blue exterior, aluminum finish and a bright orange leather interior.
The cars bear a few hundred thousand on top of the price of the regular Veyron. Despite the Dubai recession, there’s no question that the middle east pretty much is one of the most viable markets for such an expsnsive cars.
Source: CAR
Link to THE CAR NUT SHOW podcast for 12/12/09: http://www.talkradioone.com/index.php?p=961 Link to WORLD RACING ROUND-UP for 12/13/09: http://www.talkradioone.com/index.php?p=962
Kuala Lumpur, Dec 15 : A six-year-old Malaysian child created a new national record when he pulled a Mercedes Benz E class with four passengers for 120m.
Kabul, Dec 15 (DPA) A massive explosion rocked the diplomatic enclave of the Afghan capital Kabul Tuesday, causing unknown casualties and damage to several cars and houses, a police official said.