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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.
Land Rover: A year of Range Rover Evoque production and 80,000 sales
Thu, 05 Jul 2012Land Rover is celebrating a year of Range Rover Evoque production and sales of 80,000 Evoques. The Range Rover Evoque continues to astonish with its sales performance and a seemingly unquenchable thirst from buyers to grab as many as Land Rover can build, despite its distinctly premium price structure. But that’s because Land Rover has managed to be right on the Zeitgeist with the Evoque, which conspires to offer a properly premium feel in a smaller package with no loss of ability compared to the full size Range Rover, so even car buyers with deep pockets can feel they’re being sane when they scratch their car buying itch and yet have no real compromise in ability or image.
How GM plans to solve MPG puzzle on new pickups
Thu, 07 Jun 2012Ford's huge success with its EcoBoost V-6 engine on its pickups is well-documented. So General Motors just can't wait to match Ford with a V-6 turbo when GM's next-generation pickups roll out next year. Right?