Up-for-sale GM unit Saab looks highly likely to be sold by General Motors to Dutch luxury sportscar maker Spyker Cars with an announcement expected at 16:30GMT in Detroit.
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General Motors confirmed on Monday afternoon it was continuing to discuss the sale of its Saab unit with Dutch luxury sportscar maker Spyker but declined to elaborate. The announcement by GM chairman and CEO Ed Whiteacre came soon after the bidder said negotiations "must end soon".
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General Motors confirmed on Monday afternoon it was continuing to discuss the sale of its Saab unit with Dutch luxury sportscar maker Spyker but declined to elaborate. The announcement by GM chairman and CEO Ed Whiteacre came soon after the bidder said negotiations "must end soon".
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General Motors confirmed on Monday afternoon it was continuing to discuss the sale of its Saab unit with Dutch luxury sportscar maker Spyker but declined to elaborate. The announcement by GM chairman and CEO Ed Whiteacre came soon after the bidder said negotiations "must end soon".
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China's second biggest carmaker, FAW Group, plans to sell over 2.3m vehicles this year, up 18.3% year on year, the Xinhua news agency said, citing a company executive.
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The US will follow Europe with a new generation of smaller displacement, turbocharged engines, according to the President and CEO of Honeywell Transportation Systems, Alex Ismail.
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AvtoVaz , maker of cheap Lada brand small cars, should be sold for US$1 to Renault, the head of Russia's largest car importer told a German newspaper on Sunday.
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Vehicle sales in the top six ASEAN markets combined fell by 10.2% to just over 1.9m units in 2009, with a sharp fall in the first half of the year partially offset by a strong second half recovery. Market recovery is expected to continue in 2010.
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I fully admit that I was one of the people who didn't think that an SUV from Porsche would sell. Seriously, would the same people that want prestige, design and speed really want to be driving a big SUV? I don't think I have ever been more wrong!
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Fuel consumption is the quantity of fuel consumed to travel a given distance. Historically it was calculated in miles per gallon (British gallon), but today the standardized fuel consumption ratings used by Natural Resources Canada are expressed as the number of litres consumed to travel a distance of 100 km, or litres per hundred. The US EPA consumption ratings are presented in miles per gallon (US gallon).
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Force India's 2010 car is expected to run for the first time in mid February.
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Well-known F1 engineers from BMW and Williams will be in the Campos garage when the 2010 world championship kicks off in March.
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E260,500 (estimate E70,000 - 90,000) for the Lake Maggiore 1925 Bugatti Type 22 Brescia; E475,000 for the 1935 Hispano-Suiza T56 Torpedo; E398,000 for the 1929 Mercedes-Benz 630K Coupe-Chauffeur; a world-record breaking E398,000 for the 1970 Monteverdi 450SS Hai Berlinetta; and a remarkable E189,000 for the 1971 Citroen DS21 Decapotable, underlining the continued strength of this particular Citroen.
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The new Silver Arrows Formula One works team Mercedes Grand Prix Petronas was presented at the Mercedes-Benz Museum in Stuttgart.
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Zeewolde, the Netherlands,- Spyker Cars N.V., manufacturer of exclusive premium sports cars, has noted recent press speculation about the SAAB negotiations. Spyker confirms that talks are ongoing, the outcome of which is still uncertain. As SAAB is currently in liquidation talks must end soon.
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New colors for a new car. The Audi A1 has been designed with a love for detail that includes its innovative range of colors. For the interior, the designers have come up with something very special: Wasabi Green.
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The new BMW 5 Series Sedan, the epitome of aesthetic design and supreme driving pleasure in the upper midrange segment, is conquering the road.
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The 2010 Gulf Air Bahrain Grand Prix will be kicking off the 60th anniversary season of the FIA Formula One World Championship with a brand new track layout as it extends its existing 5.412km circuit to a thrilling 6.299km.
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Denny Hamlin, one of the favourites to challenge and/or stop Jimmie Johnson's quest for Five straight NASCAR Sprint Cup titles injured his left ACL (anterior cruciate ligament) in a pre-racing-season basketball game with friends.
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Formula 1 supermo Bernie Ecclestone has finally named the two teams he suspects will struggle to make it to March's 2010 season opener.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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