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Audi sells over 1,000,000 cars in 2008

Audi breaks the 1,000,000 car sales barrier in 2008 [ad#ad-1] Audi has really made an impression on the car market in the last decade. From the old Auto Union days (which was created by amalgamating the car makers Horch, Audi, DKW and Wanderer), it is now part of the German luxury car triumvirate – BMW, Mercedes and Audi – and considered to be the equal of the others. No mean feat.

GM's Henderson says no decision yet on bankruptcy

General Motors CEO Fritz Henderson said today the company has not decided whether to file for bankruptcy protection, but that preparations continue in case such an action is necessary. "We have until June 1, and if we can't do it between now and June 1 then we do it in bankruptcy," Henderson said during a morning teleconference with journalists. Still in his first month at the helm after the March 30 departure of CEO Rick Wagoner, Henderson said he wasn't sure who would make the decision.

Alfa Romeo roadster to be twinned with Mazda MX-5

Mazda and Fiat today announced a new deal to develop future sports cars jointly. A new affordable Alfa Romeo roadster will be built - in Japan - from 2015. The non-binding memorandum of understanding covers the development and manufacturing of a new roadster for the Mazda and Alfa Romeo marques based on Mazda’s next-generation MX-5 rear-wheel-drive architecture, according to the statement issued this morning.