Archive for the ‘Business’ category
Cars and budgets- Finding a mix that works
The theory that car owners are financial masochists has been gaining ground recently as the ever-unreliable on road costs take their toll on everyone. Even mechanics are feeling the hot breath of cost on their bottom lines, and it’s a good idea to look at working with a budget that’s both painless and reliable. Figuring [...]
Silverstone secures the British Grand Prix for the next 17 years
Following months of negotiations and uncertainty, the British Racing Drivers Club has signed a deal with the FIA and Formula One Management to keep the British Grand Prix at Silverstone for the next seventeen years, starting with next year’s race. The deal is struck for the same amount of time (with a cancellation clause after [...]
Volkswagen: Buying 20% of Suzuki
Volkswagen has now confirmed the purchase of almost 20% of Suzuki. Suzuki has become the latest brand to become part of the Volkswagen Group after VW agreed to buy a 19.9 per cent stake in the Japanese microcar specialist. VW has been attracted to Suzuki by its expertise in small car design and by purchasing [...]
toyota 1983 for sale
A TRAVEL-loving sailor has found himself with nothing but a smile after his beloved van, packed with all his gear for a trip to Fremantle, was stolen just hours before he was due to leave Darwin. When the thieves made off with Robbie Lewis’s white 1983 Toyota Hi-Ace in the early hours of Saturday morning [...]
Abu Dhabi purchases 4% ownership stake of Tesla by way of Daimler
It seems fitting that after everything that’s gone on in the global auto industry, a Middle East country is swooping in to take advantage of the industry’s dire straits. It’s becoming a trend really, and the latest we’ve heard is that Aabar, an investment fund owned by the government of Abu Dhabi recently bought a [...]