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GM board will again delay decision on Opel's future, report says
Tue, 08 Sep 2009General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.
Mini cancels the Rocketman
Tue, 24 Jan 2012Mini is suspending work on the Rocketman, the United Kingdom's Car magazine reports. The company has a load of new products debuting, but the mini Mini won't be one of them. This isn't too much of a surprise.
Hot turbo engines for BMW's 3-Series
Fri, 11 Aug 2006By Angus Fitton Motor Industry 11 August 2006 10:36 Three new six-cylinder engines are joining the BMW 3-Series range. Top of the pile – until the V8 M3 arrives – is the 335d, which runs the twin-turbo 3.0-litre diesel engine offered in the 5-series. An explosive 428lb ft of torque (that's more than the V10 M5) and 286bhp means it can surge to 62mph in only 6.2sec.