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Fiat Invades Europe! Aims to take over Opel, Vauxhall and Saab

Fiat is moving to take over GM's European brands - Opel, Vauxhall and Saab. [ad#ad-1] Fiat are busy little bees of late. From being a virtually bankrupt car maker just a few years ago, they are busy rampaging around the world playing ‘White Knight’ to ailing car companies struggling for survival in the crisis that has engulfed the car world.

Renault Twingo and Clio Grand Tour

By Ben Whitworth Motor Shows 08 March 2007 10:12 French but sans le funky look A busy show stand for Renault – as well as unveiling its new Twingo city car, the French manufacturer pulled the wraps off a thinly disguised version of its upcoming Clio estate to take on its Fabia and Peugeot 207 wagon rivals. After the funked up coolness of the Twingo concept car shown at the Paris Motor Show last year, we are more than a little underwhelmed by the production Twingo. Renault is keen to move away from the utilitarian look and feel of the original model – it will leave cheap and cheerful sales to the Clio Campus – and pitch the new model at sharper-suited rivals like the Mini.

Hummer sale agreed

GM has a Memorandum of Understanding in place to sell Hummer to a 'Mystery' buyer GM are reporting that they have reached a ‘Memorandum of Understanding’  with an unnamed buyer to take Hummer of their hands later in the year. MOUs are not the strongest tool in the arsenal when a sale is being arranged, which tends to indicate that either the buyer likes the idea but won’t commit yet, or they are still in ‘Fund-Raising’ mode. So who are the likely buyers?