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GM throttles back on performance cars for 2010
Fri, 08 May 2009It should not be a surprise, as General Motors scrambles to cut costs and cars sit unsold on dealers' lots, that the automaker is cutting high-performance versions of several vehicles for the 2010 model year. According to information from online ordering guides made available to GM dealers, the 2009 model year is the last for the Chevrolet Impala SS, the Pontiac G6 GXP and the Cadillac STS-V. Also, the SS trim in the Chevy Cobalt lineup will be limited to the coupe body style.
Fiat, Magna, investment firm are three finalists to buy Opel
Thu, 21 May 2009Italian automaker Fiat, Canadian parts maker Magna International and Belgian investment firm RHJ International look to be the final three bidders for General Motors' Opel subsidiary. Fiat has confirmed that it put in a bid for Opel. Final bids for Opel were due Wednesday evening.
Lancia to unveil its Chrysler-based flagship and a new Ypsilon
Mon, 13 Dec 2010Lancia's Chrysler-based flagship likely will be called the Thema, company sources said. The sedan will debut alongside a new version of Lancia's best-selling model, the Ypsilon, at the Geneva auto show in March. The Ypsilon is key to Fiat CEO Sergio Marchionne's plan to nearly triple Lancia sales in the next four years.