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GM reportedly set to sign deal on Thursday to sell Opel
Tue, 13 Oct 2009General Motors Co. likely will sign a deal on Thursday to sell a majority stake in Opel to a group led by Magna International Inc., German news agencies reported, citing sources close to the negotiations. GM agreed on September 10 to sell 55 percent of Opel to Canadian supplier Magna and its Russian partner Sberbank, but the deal stumbled amid labor union demands for a veto on factory closures and concern in the UK and Spain that 4.5 billion euros ($6.7 billion) in aid pledged by the German government for restructuring Opel favored the carmaker's German factories.
New Lamborghini Gallardo teased (video)
Tue, 25 Sep 2012A new Lamborghini Gallardo is being teased on video ahead of a debut at the 2012 Paris Motor Show. Lamborghini made a promise that it would bring a new car to every major motor show, and the 2012 Paris Motor Show is most definitely a ‘major’ motor show. So we’ve been looking out for what Lamborghini were going to do for Paris 2012, and we were hoping it might be something really special, like the much anticipated hypercar to take on the new Ferrari F70 (which we originally thought would be the Urus until Lamborghini used that for their SUV).
CAR reader's son designs Ferrari FF spin-offs (2011)
Mon, 07 Feb 2011CAR reader Peter Tremulis clearly has a very clever son. Daniel, 18, has drawn up these Ferrari FF spin-offs - designed to extend Maranello's four-wheel drive estate into new niches. And this is no mere idle Photoshoppery.