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Vauxhall & Opel – no plant closures before 2014
Sun, 25 Mar 2012Will the new Mokka help GM in Europe Despite reports that GM Europe are planning closures at Vauxhall and Opel, GM boss says there will be no closures before 2014. GM in Europe are not having an easy time of things, with both Vauxhall and Opel struggling for sales as the car market in Europe polarises and the mainstream car makers struggle. GM have made some moves to consolidate their European operation with a co-operation agreement with Peugeot Citroen, but that deal has more of a sticking plaster feel to it than a real way to fix the issues of over-production in a difficult European market.
Most of Saleen sold to Michigan group
Wed, 04 Feb 2009The future of specialty carmaker Saleen Inc. is getting a little clearer: Most of the company was sold to a Michigan group last week after being on the block since November. An entity called MJ Acquisitions, which owns parts and engine companies in Michigan, bought Saleen’s performance street-car program, supercharger and aftermarket business from Los Angeles private-investment firm Hancock Park Associates.
EV Dreams
Fri, 31 May 2013Many people are passionate about their cars. “I'm a Ford man,” one says or, “Camaros rule!” says another. But does the depth of that passion extend to your retirement account?