The launch of the Datsun Go in India represents the first new car from the brand in 18 years and a new direction for its founding company which celebrates its centenary in 2014.
Category Archives: General Talk
VW will expand Tiguan production to Hanover factory
Volkswagen will expand its production of the Tiguan compact SUV to its Hanover factory in northern Germany to boost capacity utilization at the site, sources said.
Ohio auto dealers fight Tesla over sales model
Ohio is among states proposing to block Tesla from setting up additional direct-sales galleries on grounds they undercut traditional auto dealerships. Last Tuesday, New Jersey officials approved a regulation effectively prohibiting automakers from going straight to customers.
Porsche wins dismissal of hedge funds’ suit over failed VW bid
Porsche Automobil Holding SE won the dismissal of a lawsuit seeking 1.4 billion euros ($1.95 billion) over the German carmaker’s aborted takeover of Volkswagen.
The lawsuit, filed by 23 hedge funds including Viking Global Equities LP, Glenhill Capital LP and David Einhorn’s Greenlight Capital Inc., was thrown out by judges in Stuttgart today.
Porsche delivered a record 162,145 vehicles in 2013
2013 was a good year for many automakers and a very good one for Porsche, which had an operating margin of 18 per cent.
