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GM reportedly set to sign deal on Thursday to sell Opel
Tue, 13 Oct 2009General Motors Co. likely will sign a deal on Thursday to sell a majority stake in Opel to a group led by Magna International Inc., German news agencies reported, citing sources close to the negotiations. GM agreed on September 10 to sell 55 percent of Opel to Canadian supplier Magna and its Russian partner Sberbank, but the deal stumbled amid labor union demands for a veto on factory closures and concern in the UK and Spain that 4.5 billion euros ($6.7 billion) in aid pledged by the German government for restructuring Opel favored the carmaker's German factories.
McLaren P1 back at the Nurburgring in attack mode
Sat, 19 Oct 2013The McLaren P1 is back at the Nurburgring looking to set a new record It was brave of Ron Dennis to declare – before the McLaren P1 was anywhere close to finished – that the it would be able to lap the Nurburgring in under 7 minutes. He was obviously very confident his new baby was up to the task but, just like McLaren’s current Formula One car, the P1 seems to be just a bit off the pace. Last month we reported that it seemed the best the McLaren P1 could do at the Nurburgring was a 7:04s – a time McLaren didn’t make official – so we knew McLaren would be back with their laptops and engineers as soon as they’d figured a way to trim those last few seconds.
Holidaymakers Reminded To Make Pre-Easter Tyre Safety Checks
Tue, 15 Apr 2014AHEAD of the Easter getaway, a leading tyre safety organisation is reminding the UK’s 650,000 caravan and motorhome owners about the importance of ensuring their tyres are in a safe, roadworthy condition before hitting the road. Stuart Jackson, chairman, TyreSafe, said: “For many, Easter is the first time of the year that they will be heading away in their caravan or motorhome. After the winter when they’ve often had little or no use, it’s essential that the vehicle’s tyres are checked thoroughly before use otherwise a number of potential safety hazards could bring an abrupt end a relaxing holiday.” As part of a visual inspection looking for obvious signs of damage such as lumps, bulges or cuts in the tyre, owners should also pay particular attention to signs of ageing.