Fiat Chrysler Automobiles is the latest to offer up to £5,300 off a new model bought before the end of this month against a pre-2010 diesel or petrol model put in for scrapping. There are 13 models in the Fiat, Alfa Romeo and Jeep ranges which can be purchased under the deal. Volvo and London Taxi Company owner Geely of China is reportedly close to finalizing its acquisition of Lotus. A … [Read more...]
Breaking news: Lotus bought by Volvo parent
Geely has added Lotus to its portfolio of brands which already include Volvo and London Taxi Company. It has pledged to invest in the brand and raises the prospect of new British sports cars from Norfolk factory which has suffered from under-investment for decades while it has an enthusiastic following in the Far East. Geely's Volvo investment has transformed the Swedish-based car maker and … [Read more...]
Newslines 24 March
Double-digit growth in demand for British-built cars last month helped deliver the biggest February for UK car production in 17 years, said the SMMT. UK production lines turned out one car every 16 seconds in the month, with total output of 153,041 up 8.0%, as exports grew 13.4% to 118,898 units. The performance helped to drive overall year-to-date production past 300,000 for the first time … [Read more...]
