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Newsflash: Magna 'agrees to buy GM Europe': latest news
Fri, 29 May 2009Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.
Rolls launches first used-car scheme
Tue, 17 Jul 2007By George Barrow Motor Industry 17 July 2007 03:56 Want to save £75,000 on a Rolls-Royce? The company has just launched its first approved used-car scheme at its six UK dealers, called the Rolls-Royce Provenance programme. It’s basically a carbon copy of mainstream approved used schemes, and cars have to meet such stringent standards that Rolls claims selected cars are ‘virtually faultless’.
Schools Award and CDN Design Schools League Table
Mon, 27 Feb 2012Schools as well as students are being recognized in this year's CDN-Interior Motives Student Design Awards, just launched, with a special award being introduced for the school whose students have the most success in the competition. CDN acknowledges that great teaching, as well as raw student talent, is needed to shape the work of the next generation of car designers. So along with the student finalists in 2012 will come finalist schools, as measured by the success of their students in getting to the shortlist stage of the competition, in becoming category finalists, or in winning an award or becoming overall winner.