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Audi R8 Spyder at 2009 Frankfurt motor show
Mon, 14 Sep 2009By Ben Pulman (show photography Radovan Varicak) First Official Pictures 14 September 2009 23:01 It might be chocolate brown, but Audi’s new R8 Spyder is still a stunner. Unveiled on the eve of the 2009 Frankfurt motor show, it’s a drop-top version of Audi’s brilliant V10-powered R8 supercar. It does.
BMW works hard to avoid gas-guzzler tax
Thu, 05 Aug 2010BMW AG hopes to get out from under the gas-guzzler taxes that are tacked on to the sticker prices of some of its high-performance models in the United States. Jim O'Donnell, president of BMW of North America, says the company is studying fuel-efficiency improvements that could eliminate the gas-guzzler taxes on its vehicles as early as the launch of their redesigns in the next few years. The 2010 550i GT incurs a $1,000 gas-guzzler fee, for example.
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.