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News watch February 2012: today's auto industry news
Wed, 29 Feb 2012Welcome 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 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe) • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.
LA Motor Show: Jaguar F-Type coupe to cost £7,000 less than convertible
Fri, 22 Nov 2013JAGUAR’S stunning new F-Type coupe will cost from £51,235 when it goes on sale in the UK in the spring. The hard-top version of a car that has already taken the motoring world by storm will add a second model variant to the line-up, aimed not just at owners of the Porsche Cayman and even the 911, but also at previous owners of Jaguar’s own XK. Jaguar has used its media event at the Tokyo motor show to announce full pricing structures, with the entry-level F-Type coupe costing more than £7,000 less than the equivalent convertible.
Mercedes C Class Coupe (2011) Spy Shots
Fri, 09 Jul 2010The Mercedes C-Class Coupe Spied Mercedes recently let the old C-Class Coupe wither and die because – without putting too fine a point on it – it was a failure. It didn’t sell particularly well and it didn’t sell at all across the Pond. Which is not a huge surprise.