Were you to just consider the salacious headlines covering back and forth corporate jabs between Volkswagen Group executives and Fiat CEO Sergio Marchionne, the chances Alfa being sold to the Germans might very well be considered more the latter in a slim to none scenario. All that being said, a report this week filed by Ward’s Auto suggests this may very well be the case. Talks are said to be ongoing between the Volkswagen Group’s Audi AG unit and Fiat over a possible business transaction and the Wards piece theorizes that the main catalyst for such talks might directly be attributed to an Auto union. No irony there. More…
It never fails that comments made by Volkswagen Group Chairman Ferdinand Piech tend to be dissected to a level nearly unparalleled in the auto industry. Piech is the grandson of Ferdinand Porsche and the main man behind notable happenings as Audi’s move to quattro and the Porsche 917. He’s been the main catalyst for the [...] More…
When it comes to purchasing a boutique brands and injecting them with the resources of a global automotive giant without breaking down their root DNA, no one quite does it like Audi parent, the Volkswagen Group. Lamborghini, Bentley and Bugatti have all been brought back from either archaic product and practices to full on brink of destruction and are all alive and thriving today. Given these three, we’re always curious what would come of acquisition of any of our favorite boutique brands and one of those is Lotus. More…
In the span of time since SPEED reporter John Dagys broke the news of an imminent GRAND-AM and ALMS “merger” this past weekend, rumor and conjecture has flowed like beer on the 12 Hours of Sebring green park. We’ll refrain from summarizing most of it as it mainly appears to be simply rumor or opinion of racing experts much like our own hopes and suggestions on how the new combined series might change. Still, there are a few things we think bear mentioning, including GRAND-AM’s own brief announcement of tomorrow’s press conference. More…
STaSIS announced today the intent to acquire and integrate Revo Technik into its performance technology group, extending its technology leadership in braking, suspension, driveline, and engine products to the best engine calibration software in the industry. The new multinational organization will deliver performance products through an established network of more than 550 dealerships and independent [...] More…