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Renault says Saturn supply deal ‘just didn't add up'
Fri, 02 Oct 2009In the eleventh hour of Roger Penske's venture to acquire Saturn from General Motors Co. to keep the brand alive, Renault's executive committee in France concluded, “Ca fait deux.” Rough translation: “It's not going to come together.” Despite Penske's statements that his organization had been in discussions with automakers around the world, ultimately his hopes had been pinned on only one: Renault SA. Penske and Renault CEO Carlos Ghosn are friends and talk frequently.
GM expands advanced-vehicle-technology center in California
Mon, 13 Jun 2011General Motors unveiled a new technical center dedicated to the development, maintenance and testing of alternative-energy vehicles last week in Torrance, Calif. The company has had local digs for years but recently leased the building next to its existing Advanced Technology Center for an alternative-energy research facility. It now employs a dozen scientists, technicians and engineers to advance the electrification of GM vehicles.
Revealed: the longest and shortest new car waiting lists
Tue, 08 Jul 2014Is there anything more infuriating than a long wait for something you really, really want? Like a car, for example. You walk into a dealership, hand over a large amount of money and want to drive away as soon as possible.