Aston Martin announced a limited series production of the Vanquish Zagato Coupe, the latest creation from its long-standing partnership with the prestigious Italian design-house Zagato.
The Vanquish Zagato Concept was unveiled at the prestigious Concorso d’Eleganza Villa d’Este at Lake Como, Italy in May and with immense customer interest, a strictly limited production run of 99 cars will be built to order at Aston Martin’s production facility in Gaydon.
Mitsubishi forecast its first loss in eight years after compensation costs related to manipulating fuel-efficiency ratings and falsifying test data.
The net loss in the year ending March 31 will probably be 145 billion yen ($1.4 billion).
PSA will build a new SUV for Citroen at its Rennes, giving the brand a more distinct offering in a booming segment.
The investment is also a boost for the under-used plant in western France where PSA has slashed jobs in recent years and the SUV, will be based on the Aircross concerpt shown in Shanghai motor show last year.
PSA Group will invest about 400 million euros in a joint-venture production deal with state-owned Iran Khodro as it prepares its return to the Middle East’s biggest auto market.
The JV will assemble Peugeot’s 208, 2008 and 301 models in Iran, starting in the latter half of 2017.
German prosecutors in Braunschweig, near VW’s Wolfsburg headquarters are investigating former VW CEO Martin Winterkorn and a second unidentified executive over whether they effectively manipulated markets by delaying the release of information about the firm’s emissions test cheating.
The move comes as the company’s supervisory board considers claiming massive damages from former management board members.