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September 12, 2011

An alliance between family-controlled carmakers Suzuki and Volkswagen may come to an end over a dispute involving Fiat, the Italian car manufacturer controlled by the Agnelli family. 

An alliance between family-controlled carmakers Suzuki and Volkswagen may come to an end over a dispute involving Fiat, the Italian car manufacturer controlled by the Agnelli family.

Suzuki Motor offered to buy Volkswagen’s stake in the company on 12 September after the German firm accused its Japanese partner of breaking the terms of their contract by agreeing to buy diesel engines from Fiat, instead of first considering VW.

However, in a statement, Suzuki denied the allegation: “We can affirm that we have not breached the contract.”

October 16, 2008

Test driving the new Jaguar XKR is a tough job, but someone has to do it. Antje Doel spent a day roaring up and down Italy's Amalfi coast road to put family-owned Tata's latest acquisition through its paces

Since Jaguar and Land Rover were acquired from Ford by fellow family-owned company Tata Motors earlier this year, new life has been breathed into these  traditional British car brands.

Tata Motors, which bought the pair for $2.3billion, is India's leading car manufacturer and has come a long way since starting out in 1945 as Tata Engineering and Locomotive Co Ltd. Today, it is part of the Tata and Sons Group, founded by Jamshetji Tata and J Baker.

August 8, 2008

Andrea Pininfarina, CEO of the family-owned car design group, has been killed in a road accident.

Andrea Pininfarina, CEO of the family-owned car design group, has been killed in a road accident. The 51-year-old was hit by a car on the outskirts of Turin while riding a scooter. He is survived by his wife and three children.

In a statement, Italian Prime Minister Silvio Berlusconi said he was "deeply saddened" by the tragedy. Andrea Pininfarina was "a leading personality of the country's industrial life and the representative of a dynasty that did so much for the made-in Italy brand around the world," the statement continued.

May 9, 2008

The Ford family has retained control over the Ford Motor Company by defeating a motion to implement a one share, one vote policy at the Detroit-based manufacturer.

The Ford family has retained control over the Ford Motor Company by defeating a motion to implement a one share, one vote policy at the Detroit-based manufacturer. The proposal was put forward at the company’s Annual Meeting of Shareholders yesterday. Although 27% of shareholders voted in favour, 73% voted against.

January 10, 2008

Tata Motors, part of the family-owned Tata Group, has unveiled the world’s cheapest car.

Tata Motors, part of the family-owned Tata Group, has unveiled the world's cheapest car. Priced at a reported $2,500, the Tata Nano – also known as the "People's Car" – aims to bring the comfort and safety of a car within the reach of thousands of families in India.

Ratan Tata (pictured), chairman of the Group, said at the unveiling ceremony that he had watched too many families getting by with just two wheels. "It led me to wonder whether one could conceive of a safe, affordable, all-weather form of transport for such a family," he said.

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