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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.
Porsche introduces Panamera Platinum Edition
Mon, 22 Oct 2012The Porsche Panamera is already one of the top executive sedans on the road today. But in case there's any doubt, the company has added a Platinum trim to the lineup, moving the vehicle even further upscale. It will be offered for both rear- or all-wheel drive versions.
Pininfarina Nido microcar brings safety, spunk to exhibition in Japan
Wed, 23 Sep 2009The Pininfarina Nido, the quirky pedestrian-friendly microcar from the 2004 Paris auto show, is being dusted off for another showing. This time, it will appear as part of an exhibit to bring Italian culture and innovation to Japan. The event runs from Sept.