Street Diaries

In an interesting move, Volkswagen has reported that they will be taking a 10 percent stake in Suzuki by the end of the year.  Volkswagen recently closed the deal with ownership of Porsche, so one has to ask why take a stake in this company?

Monday, Volkswagen announced an ultra fuel efficient car L1 concept that is says to get 100 kilometers on 1.38-liters of fuel.  This precedes a 2002 concept design that could go 100 kilometers on 1-liter of fuel, equivalent to about 235 mpg.  Although it doesn’t quite match up to the original model, it’s still very impressive [...]

Porsche has been on kind of unstable land lately with the market crunch worldwide.  Although they are not in serious trouble like General Motors or Chrysler, there has been some talk that the German automaker is having issues with low sales.  However, there are plans to turn the company into the right direction again and [...]