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Tuesday, June 17, 2008

 

Living it up

Nissan Motor Philippines introduces the all-new Grand Livina with a driving event that poses a question

“IS it an MPV or a sedan?” That was the question thrown by Nissan Motor Phils. Inc. (NMPI) to a select group of journalists as the carmaker introduced its newest model, the Grand Livina, through a driving event that took the participants from Laguna to the Subic International Raceway. Held on May 22 and 23, the Amazing Race-type activity, where the journalists acted as family members, was meant to highlight the fact that Nissan’s latest product is targeted at what the carmaker calls “next-generation Filipino families.”

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O T H E R   R E P O R T S

 

AUTOWORLD

Kerkorian ups stake in struggling Ford

CHICAGO: Investors rushed to help billionaire Kirk Kerkorian build a 5.5-percent stake in Ford Motor Co., his Tracinda Corp said on June 10. Nearly half of Ford’s 2.2 million outstanding shares were tendered after Kerkorian made an offer of $8.50 per share in order to sweep up 20 million shares at a cost of $170 million.

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Honda Cars Phils. Inc. (HCPI) announced it has reached the 200,000th unit sales mark since it started operations in 1990. For over 17 years now, Honda said it has been one of the key manufacturers that have stirred the Philippine automotive industry.

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Stuttgart: German sports carmaker Porsche marked its 60th anniversary on June 8, the company having started operations in 1948 with the first Porsche prototype.

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PARIS: Subsidized Chinese demand for fuel is a central force behind a major change in the US lifestyle: Americans are at last turning to small diesel cars, the International Energy Agency (IEA) said last week.

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HARDTOP
By Vernon B. Sarne

PLEASE bear with me. If you haven’t cared enough to notice, I’ve been bitching about fuel prices the past few weeks. Who hasn’t?

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Ping Oco, Franklin Bartolay
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