The UK, infamous for having lost most of its former automaking glory, and supplier of the short-lived “American Leyland” moniker for GM (“Government Motors” stuck) is roaring back. The island nation is set “to overtake France as Europe’s second largest automotive producer within the next five years if UK car sales and exports maintain current strong growth,” Reuters says.
Imagine the embarrassment in Paris! (Read More…)
A scheme to tax cars based on their C02 output could have the unintended consequence of causing UK motorists to scrap tens of thousands of perfectly good cars in the UK, solely because their annual tax rates, based on C02 consumption, have become too expensive for many motorists.
With Nissan bringing Leaf production to Japan and the United States, the next stop on their localization train is Europe. The Sunderland, UK plant will begin in the spring, and along with European production will be a series of tweaks for that market.
Continental Europe’s car sales may be in the toilet, but the UK’s new car market was up 5.3 percent in 2012, with the Ford Fiesta leading the sales charts.
Infiniti’s often discussed future premium compact model will be built at Nissan’s UK plant in Sunderland, Nissan says. It was previously announced that the new Infiniti will “share a platform developed with Mercedes. (Read More…)
If you read British buff books like EVO, it would be easy to think that the hot versions of the Subaru Impreza are fixtures of the UK’s motoring landscape. Not only are they beloved by enthusiasts, but the WRX is even employed as a police car in certain municipalities. But starting in 2013, British car buyers won’t be able to purchase one of the small Scoobies.
Aston Martin won’t be sold to the Indians, nor will it be sold to the Chinese. The low-intensity bidding war for the British boutique sports car maker was won by the Italian private equity group Investindustrial. It is buying 37.5 percent for $241 million via a capital increase agreed with majority Kuwaiti owner Investment Dar, Reuters reports after having received confirmation by Aston Martin. (Read More…)
Mahindra Tractor in Ferrari livery
Mumbai tractor moguls Mahindra & Mahindra hope to emerge as owners of Aston Martin by the end of the week, but Italy’s InvestIndustrial shares the same aspirations, reports Reuters from the sidelines of the bidding war for the British sports car maker. While the world waits for the hammer to come down, scientists make a perplexing discovery. (Read More…)
This is the weekend – if the predictions of Reuters prove correct – when British sports car maker Aston Martin will get a new owner – yet again. An Italian private equity fund and an Indian company known for its off-road vehicles compete for the business. (Read More…)
MG, now owned by Chinese auto maker SAIC, is apparently gunning for Kia and beyond. But despite their lofty ambitions, MG hasn’t made much headway in the automotive world.
An experiment conducted in London shows that the new MINI is the world’s strongest babe-magnet. This 2012 MINI attracted 28 very skinny and flexible ladies. (Read More…)
For a while, TTAC has been following rumors that Renault may be reviving is storied Alpine brand. Renault will do it, together with another motor celebrity, Caterham. (Read More…)
Morgan’s wood-framed sports cars are facing an existential threat; a species of fungus that infects ash trees, which are the source of wood used on Morgan’s legendary sports cars.
As expected, Ford is closing an UK plant. Unexpectedly, Ford is closing another one right with it, bringing EU plant closings to three in two days. Ford is closing its Ford Transit plant in Southampton, and it is closing the stamping plant in Dagenham with it, says Automobilwoche [sub]. (Read More…)
Ford is expected to announce the closure of its van factory in Southampton, England, Reuters says. British shop stewards have been summoned to an emergency meeting at Ford’s European headquarters in Basildon, Essex, today. (Read More…)
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