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    The CarWale Daily Fuel – May 23, 2012

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    CarWale Team

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    The CarWale Daily Fuel – May 23, 2012
    • The black roof and a special Tyrian Wine paint-job Tata Manza test mule has fueled speculations of a limited edition Manza as the model is nearing its third anniversary.
    • Volkswagen Jetta with TSi badge was also spotted testing. Volkswagen had launched Jetta only in the diesel variant. The petrol version may also be offered to the Indian customer at a lower price.
    • Volkswagen is said to be planning to open a factory in Gujarat after the its consulting agency met Gujarat officials some time ago. Volkswagen has put its 2000 crore Maharashtra investments plans on hold.
    • The radically designed Ferrari FF, the proper four seater tourer, was spotted in Mumbai. We hope to see some of these smoking the Indian roads soon.
    • BMW has won the coveted 'world's most valuable car brand' title from Toyota who won the crown in 2011. Toyota's brand value plummeted by 10 percent while BMW gained by similar amounts.
    • Labour unions representing auto workers are taking a tough stand towards companies in Germany. The Unions are not accepting a hike lower than their demands and organising warning strikes. German auto employees are some of the best paid across the world.
    • The Worthersee lake hot hatch festival saw the 217 bhp Polo R concept being unveiled. The Polo R is a street legal version of the rally spec WRC Polo.
    • The Skoda Citigo Rally concept was also showcased at Worthersee. The design that looked stupendous when rendered on paper, did not work up to expectations. The extra large front facia and wide body kit did not go well with the compact Citigo lines.
    • Ford had unveiled its new Fusion based NASCAR race car in January 2012.. Fans will get a glimpse of the new car this Thursday in North Carolina.
    • Toyota is also going strong into NASCAR with its 2013 Camry based stock car with a composite body over tube frame rear-wheel drive and a V8 engine.
    • Ford's logo, the Blue Oval, that was pledged against a loan package in 2006, can now be pulled out of danger as the company was able to sustain though the recession by restructuring. Now that credit rating agencies like the Fitch have upgraded the credit ratings of Ford, the loan burden will ease out and the pledged intellectual property can be taken out of the equation. The CarWale Daily Fuel is your quick daily dose of automotive news from India and around the world. If you want to know whatever's in the news but want it short and sweet, here's your solution.

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