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May
29th

GM bondholders urged to accept new debt deal

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Advisers to General Motors bondholders representing $27 billion in the automaker's debt urged investors today to support a debt swap negotiated over the past week with the Obama administration. Full story...
May
29th

GM prepares to tell more dealerships they’ll be shed

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General Motors plans to start telling more dealerships that they will be terminated when their franchise agreements expire in 17 months. Full story...
May
29th

GM prepares to tell more dealerships they’ll be terminated

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General Motors plans to start telling more dealerships that they will be terminated when their franchise agreements expire in 17 months. Full story...
May
29th

GM may be offered deal to stay in Detroit headquarters

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If General Motors wants to stay at Detroit's Renaissance Center, it'll have a powerful new tax incentive to work with. Full story...
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

GM may be offered deal to stay in Detroit’s Renaissance Center

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If General Motors wants to stay at Detroit's Renaissance Center, it'll have a powerful new tax incentive to work with. Full story...
May
29th

INDIA: Nissan HQ delegation to visit new Chennai facility

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A delegation from Nissan Motors' Japanese headquarters led by executive vice-president Colin Dodge and including senior VP Gilles Normand, corporate VP Andy Palmer and at least five other top ranking officials, is expected to visit the company's new manufacturing facility in Chennai next week. 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

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

2009 Toyota Venza AWD

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2009 Toyota Venza AWD
2009 Toyota Venza AWD - Toyota Crossover SUV Review - Automobile Magazine
The priorities of the Venza owner will be reliability, ease of operation, and sufficient space for carting things and people - and in all those areas it gets a passing grade.

If anyone spots a Venza in my driveway - one actually owned by me, not borrowed - please shoot me. This Toyota has the sex appeal of a turnip and far less sporting character than the little red wagon I admired as a 4-year-old. The high beltline, the é ride motions, and the boring-at-all-costs attitude is more than I can stomach. Also, I detected a few poor trim fits inside which makes me suspicious that Toyota has relaxed its supreme quality standards. I must, however, admit that the Venza is a perfectly suitable transpo-appliance for Joe and Jane Blow who motor through life in a trance. It's affordable, fairly roomy, probably safe, and capable of mid-20-mpg fuel economy. Since it wears a sombrero badge, durability is practically guaranteed. So if these qualities appeal to you, be my guest, but do me a favor and keep your Venza out of my sight.


Photo Gallery: 2009 Toyota Venza AWD - Toyota Crossover SUV Review - Automobile Magazine


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May
29th

US: Ford in the frame for Visteon finance

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Ford may be forced to provide the majority, if not all, of the financing Visteon will need to reorganise and exit bankruptcy protection, industry analysts have said. Full story...
May
29th

INDIA: Tata Motors net profit halves

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Tata Motors on Friday said its fiscal year net profit dropped by more than half as the global slowdown cut demand for trucks and cars. 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

Fiat CEO says focus still on Chrysler deal

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Fiat S.p.A. CEO Sergio Marchionne said today that his main focus right now is on Chrysler, shrugging off reports that General Motors and Canadian auto parts group Magna International Inc. Full story...
May
29th

Exclusive Drive – Stirling’s new and old silver arrows

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HEAD-TO-HEAD: We team up with Sir Stirling Moss to rate the stunning new SLR McLaren which bears his name against his Fifties Mercedes 300 SLR..
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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: 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...
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