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BMW and Merc to join forces
Fri, 08 Feb 2008By Georg Kacher Motor Industry 08 February 2008 13:03 CAR Online today reveals the extent to which BMW and Mercedes are plotting to cooperate on future models. In a wide-ranging plan, the two German premium marques could join forces to take on the might of Audi, with its backing and economies of scale of the whole Volkswagen group and, increasingly, Porsche. BMW chairman Norbert Reithofer and his counterpart at Daimler, Dieter Zetsche, are coming to the conclusion that the two brands – for so long, fierce rivals – should work together rather than fight against each other.
Read the GM press release annoucing the sale of Saab to Spyker Cars
Tue, 26 Jan 2010PRESS RELEASE: GM Reaches Agreement to Sell Saab to Spyker DETROIT -- General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. "Today's announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM,” said John Smith, GM vice president for corporate planning and alliances. “General Motors, Spyker Cars, and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand, and we're all happy for the positive outcome,” Smith said.
Infiniti releases teaser sketch of new EV
Wed, 14 Sep 2011Infiniti’s new metal at the 2011 Frankfurt motor show was a special FX SUV co-developed with reigning F1 champion Sebastian Vettel, but the Japanese manufacturer has also unveiled a sketch of its forthcoming electric vehicle. Hang on! Hasn’t Infiniti already released a sketch of its upcoming EV?