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GM files plan for stock offering

General Motors Co., moving to unwind itself from government control, on Wednesday filed plans to go public and begin selling common shares as early as this fall. The filing--anticipated for weeks--came just 13 months after GM was restructured in bankruptcy with $50 billion in direct aid from the U.S. government.

De Tomaso SLC: De Tomaso back with SUV Concept

De Tomaso SLC SUV Concept We’ve covered some of the trials and tribulations of De Tomaso in the last couple of years, with the assets of the once-successful maker of Italian-style cars with a New World heart languished rusting and unwanted in Italy. But there were no takers; no one willing to breath life back in to a once successful marque. But finally – in November 2009 – a white knight in the form of octegenarian and former Fiat Exec Gian Mario Rossignolo rode in to the fray, and plucked De Tomaso from the oblivion of the history books.

Hyundai Performance Brand by 2015

The next gen Hyundai i20 will be the first performance Hyundai One Hyundai had made the tricky transition from budget to credible, there were only two routes open for progress – luxury and performance. The luxury route still looks like it will happen in the UK, with the next generation Hyundai Genesis Coupe heading our way, but we can also look forward to some proper performance cars from Hyundai too. That has been confirmed by Hyundai’s WRC boss, Michel Nandan, who told Australia’s Drive that all the money Hyundai is spending on Motorsport – including a new testing facility at the Nurburgring – is not just for the glow it will cast on Hyundai’s everyday cars, but for a new performance brand too.