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Maybach coupe set for limited production
Fri, 21 May 2010German-based engineering specialist Xenatec has announced plans for an exclusive new Maybach coupe to rival the Bentley Brooklands and the Rolls-Royce Phantom Drophead Coupe. The new two-door, which will ride on the same underpinnings and draw power from the same engine as the Maybach 57S, is planned to be built in a limited run of 100 cars at the company’s workshop in Weinsberg, Germany, all with the blessing of Maybach parent company, Daimler. Daimler has carefully followed the car’s development and will supply built-up 57S chassis from its nearby Sindelfingen-based manufacturing headquarters.
Newsflash: Magna 'agrees to buy GM Europe': latest news
Fri, 29 May 2009Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.
Ferrari 400 Superamerica sells for £2.3 million
Thu, 06 May 2010The 1962 Ferrari 400 Superamerica Cabriolet Pininfarina SWB - record price The world’s in the depths of the worst recession in a generation (or three). Banks aren’t lending to anyone who needs it – just to those who don’t. The Greeks are up in arms at the prospect of actually paying any tax and the Euro is on the edge of collapse (actually, the Euro was always an accident waiting to happen).