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News Overview : June 13, 2007


Speculation about possible Sale of Jaguar and Land Rover continuing

Berlin, June 15 -- According to the German newspaper the Frankfurter Allgemeine Zeitung (June 14, 2006) several private equity companies are interested in buying Jaguar and Land Rover. Especially Cerberus, Blackstone and Cinven have shown interest in Ford’s luxury car brands. Other car manufacturers already rejected the idea of extending their portfolio.

According to the German newspaper the total value of the two brands could add up to 6 billion Euros. Although the initial idea was to sell the brands as a package, now the option of a separate sale is again on the table, according to industry sources.


Audi tours the world with Seal

Besides giving concerts all around the world, the British soul singer Seal tours the world as an Audi ambassador, representing the brand with the four rings

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Launch of the Alfa 147 Murphy&Nye

The Alfa 147 Murphy&Nye resulted from a collaboration between Alfa Romeo and the company famous for its brand of nautical clothing and sportswear

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Tim McGraw and Faith Hill’s Jeep® Story Launches “Share Your Favorite Jeep Story” Contest

It was during a ride in a Jeep® in 1996 in State College, Pa., that country music’s reigning first couple Tim McGraw and Faith Hill decided to build a life together

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Saturn Offers Aura Side-By-Side-By-Side Test Drive

Saturn is hoping that, when consumers are considering the purchase of a new Toyota Camry or Honda Accord, they take a test drive - at a Saturn retailer.

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The New Volkswagen Tiguan: Acceptance Drive in Namibia

Volkswagen will complete the development phase of the new Tiguan with a final extreme test in Namibia.

see full article


The all New Citroen C4 Sedan

Citroën will bring the C4 Sedan to market in several European countries from the last quarter of 2007

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Sex, Lies and The Drive for Perfection: Golfers will do almost anything in pursuit of the perfect game

A new survey from Lexus reveals that golfers may be America's most fanatic and persistent athletes

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NISSAN'S Carwings Navi goes Wireless With iPod

Nissan  introduced a new audio feature that can play music stored on an iPod® through its CARWINGS-compatible HDD navigation system

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Pink Floyd's Nick Mason drives for Audi Tradition at Goodwood

Pink Floyd drummer Nick Mason will be on the grid for Audi Tradition at the Goodwood Festival of Speed

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JD Powers Initial Quality Study


J.D. Power and Associates Initial Quality Study 2007

Each year, the J.D. Power and Associates Initial Quality Study (IQS) SM surveys consumers who have purchased new model-year vehicles and have owned them for at least 90 days

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Ford Motor Company shows dramatic quality improvement in 2007 J.D. Power Quality Survey

Ford Motor Company has the most top-quality vehicles in the industry, according to a customer-based initial quality survey

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Latest J.D. Power quality study from the US: Three gold awards for Mercedes' best product quality

With three gold awards for the best in vehicle quality in the respective market segment, Mercedes-Benz was one of the most successful car brands

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Honda Achieves Highest Non-Premium Ranking in J.D. Power and Associates Initial Quality Study

Honda was identified as the top non-premium nameplate in the J.D. Power and Associates 2007 Initial Quality Study SM (IQS)

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Manufacturing News


Agreement on volume production of Peugeot and Citroën vehicles in Russia

Christian Streiff, Chairman of PSA Peugeot Citroën, and German Gref, Russia’s minister for economic development and trade, signed an agreement

see full article


Promotions


Werner Schalow Appointed New Head of DaimlerChrysler’s Hamburg Plant

Werner Schalow has been appointed the new head of the DaimlerChrysler plant in Hamburg-Harburg. He will be succeeding Dr. Jürgen Böhm, who will be retiring on June 30 after 27 years of service to the company

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Bryan Barr appointed Vice President of Finance Nissan of Europe

Bryan Barr has been appointed by Nissan Europe as its new vice president of finance, replacing Peter Dickey who moves into the role of director of business development

see full article



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