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Marchionne's dilemma: To sell or not to sell Alfa to Volkswagen?
Wed, 01 Dec 2010Fiat CEO Sergio Marchionne's self-confidence has helped him tackle problems that lesser executives would duck, but he may have met his match. In a public test of Marchionne's faith in his own turnaround strategy, in September Volkswagen Chairman Ferdinand Piech bluntly announced that he wants to buy Alfa Romeo. Piech was suggesting that VW--and only VW--could transform Fiat's perennial money-losing brand into a real moneymaker.
Pumpkin-carving ideas for Porsche fans and other car geeks
Fri, 21 Oct 2011As Halloween approaches, most of you are probably asking the all-important question: "What kind of cool, car-related pumpkin carving can I do?" The folks over at PorschePurist have the answer: a Porsche jack-o'-lantern. All you need is a pumpkin big enough for some detailed carving work, a template or two and a steady hand. We won't give away the rest, but a Dremel tool isn't a bad thing to have handy, either.
Saab go back for another Chinese
Mon, 16 May 2011Saab are saved (?) by Pang Da Auto There can’t be many companies in China who haven’t had Victor Muller banging on their door armed with a chunk of Saab stock in exchange for a hat full of Chinese currency. A couple of weeks ago we had the news that Saab had signed a deal with Chinese car Maker Hawtai for €120 million in exchange for a big chunk of Saab stock and lots of ‘joint’ venture. But that fell apart last week even before Victor Muller could get to consummate the marriage.