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May
30th

Will Fiat make PSA its Plan B if Opel bid fails?

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Fiat SpA could turn to France's PSA/Peugeot-Citroen as a potential merger partner after its bid for Germany's Opel failed, but a deal would be full of complications. Full story...
May
30th

Will Fiat pursue Peugeot after losing Opel bid?

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Fiat S.p.A. could turn to France's PSA/Peugeot-Citroen as a potential merger partner after its bid for Germany's Opel failed, but a deal would be full of complications. Full story...
May
29th

2009 Sneak Preview: 2010 Lotus Evora

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2009 Sneak Preview: 2010 Lotus Evora
2010 Lotus Evora - 2009 Sneak Preview - Automobile Magazine
With the Evora, Lotus expands from track-day toys like the Elise and the Exige into the realm of the high-performance GT.

With the Evora, Lotus expands from track-day toys like the Elise and the Exige into the realm of the high-performance GT. Although the Evora follows recent Lotus practice by using an aluminum-spaceframe structure and a mid-mounted engine, the car is much larger, more luxurious, and more livable than any of the current models. The standard setup is a two-seater with a cargo deck behind the front seats, but a two-plus-two configuration is also offered, as are luxuries like navigation, a backup camera, and a full leather interior. The engine is again sourced from Toyota - this time the Camry's 3.5-liter V-6. In the hands of Lotus engineers, it makes 276 hp and 252 lb-ft of torque. A six-speed manual is standard, but an automatic eventually will be added. Lotus claims this heretofore humble engine will propel its new GT to 160 mph and provide a five-second 0-to-60-mph sprint. The Evora will be the top-model Lotus when it arrives here early next year, priced from about $70,000.


Photo Gallery: 2010 Lotus Evora - 2009 Sneak Preview - Automobile Magazine


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May
29th

Key events during 7 difficult months for Opel

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May 29 (Reuters) -- Austrian-Canadian car parts group Magna International has reached a preliminary deal with General Motors to invest in its German unit Opel, sources close to the negotiations told Reuters on Friday. Full story...
May
29th

Key elements of the deal to save GM’s Opel

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Here are key elements of the deal that will have Magna International save GM's Opel: Full story...
May
29th

Key developments in the deal to save GM’s Opel

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Here are key developments in the deal that will have Magna International save GM's Opel: Full story...
May
29th

Highlights of Magna’s plans for Opel

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Here are comments made by Magna co-CEO Siegfried Wolf to reporters in Berlin last week about his plans for Opel: Full story...
May
29th

FACTBOX — Magna’s plans for Opel

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Here are comments made by Magna co-Chief Executive Siegfried Wolf to reporters in Berlin last week about his plans for Opel: Full story...
May
29th

Magna’s Wolf on plans for Opel

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Here are comments made by Magna co-Chief Executive Siegfried Wolf to reporters in Berlin last week about his plans for Opel: Full story...
May
29th

Magna beats Fiat to buy GM Europe

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Canadian component manufacturer looks to have nosed ahead of Fiat in the race to own Opel and Vauxhall


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May
29th

GERMANY: Magna reported to have clinched Opel deal

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General Motors and Magna International have reached an agreement in principle that could rescue ailing German carmaker Opel, sources close to the negotiations told Reuters on Friday afternoon. Full story...
May
29th

GERMANY [updated 16:30BST 30/5]: Magna-Opel deal clinched with governments’ OK

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Germany has reached a landmark deal with Magna, General Motors and governments to save Opel from the imminent bankruptcy of its US parent, German leaders said on Saturday. Full story...
May
29th

GERMANY: Bankruptcy for Opel possible – analyst

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An analyst says that failures to find agreements on the future of GM's European operations have raised the likelihood of Opel having to file for insolvency. Full story...
May
29th

GERMANY [updated 11:20BST]: Last chance today for Opel

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Germany and the United States today have possibly their last chance to save Opel and agree a plan to shield the carmaker from the all but inevitable bankruptcy of parent General Motors. Full story...
May
29th

GERMANY: Last chance today for Opel

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Germany and the United States today have possibly their last chance to save Opel and agree a plan to shield the carmaker from the all but inevitable bankruptcy of parent General Motors. Full story...
May
29th

GM, Magna, Germany reach deal to save Opel

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Germany reached a landmark deal with Magna International, General Motors and governments to save Opel from the imminent bankruptcy of its U.S. parent, German leaders said on Saturday. Full story...
May
29th

GM, Magna reach tentative deal on Opel, sources say

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General Motors and Magna International have reached an agreement in principle that could rescue Opel, sources close to the negotiations said today. Full story...
May
29th

GM, Magna reach tentative deal on Opel, sources say

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Canadian supplier Magna International Inc. has reached a preliminary deal with General Motors to invest in Opel, boosting hopes for a deal with the U.S. and German governments to save the carmaker. Full story...
May
29th

Opel rescue threatened as bidders Fiat, Magna raise concerns

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German efforts to forge a rescue for General Motors' Opel unit were under threat on Friday after Fiat S.p.A. and Magna International, the leading candidates to take over the carmaker, voiced reservations about the bidding process. Full story...
May
29th

Magna prevails in deal to protect Opel from GM bankruptcy

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Germany reached a landmark deal with Canadian supplier Magna International Inc., General Motors and governments to save Opel from the imminent bankruptcy of its U.S. parent. Full story...
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