Chery not interested in acquisitions
China's Chery plans on increasing its global footprint without resorting to acquisitions. "We are open for cooperation as always, but fundamentally, we have consistently organically grown our markets by our own capability and sometimes with cooperation," said CEO Chen Anning.
Ariel working on 1,180-hp electric hypercar
British company Ariel is hard at work on an electric all-wheel drive model that will boast at least 1,180 horsepower, Autocar reports. It will be capable of sprinting from zero to 100 mph in 3.8 seconds -- no, that's not a typo. Production is tentatively scheduled to begin in 2020.
Mazda highlights how fourth-gen Miata was born
Mazda has shed insight into how it designed the fourth-generation Miata, including sketches of early design studies. The roadster could have gotten a more expressive design, but it also could have received a pure, retro look inspired by the first-generation model.
Jeep could revive Scrambler nameplate
The pickup version of the next-generation Jeep Wrangler could revive the Scrambler nameplate, according to enthusiast website JLWranglerForums. The name was last used in 1985 on Jeep's last body-on-frame truck, the CJ-8 Scrambler.
Volkswagen says Formula 1 is too expensive
Volkswagen issued a stern warning to Formula 1 officials. "Formula 1 is on a dangerous path. It is expensive. Most of the teams, apart from the big four, have financial problems," said Volkswagen Group director Bernhard Gobmeier in an interview with Motorsport.
Volkswagen still eyeing low-cost cars for emerging markets
Volkswagen still plans on developing a low-cost car aimed at emerging markets like India, though it's handling the design process on its own after the talks with Tata Motors fell apart. The company's Skoda division hopes to launch the model in India by 2020. It could also be sold in Brazil and in Iran shortly after.