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Opel leaving China, but planning a car for the US
Mon, 31 Mar 2014General Motors' Opel is withdrawing from China after several years of declining sales, with the last vehicles slated to be exported from Germany in January 2015. Opel managed to sell only 4,365 cars in China in all of 2013, compared to a staggering 810,000 Buicks, GM's most popular division in China. The lackluster sales and the planned withdrawal from China highlighted the unique demands of the Chinese domestic market, where Buick now offers almost twice the number of models as in the U.S.
Is the V8 a dying breed? Auto engineers expect more turbos, smaller engines
Tue, 21 Apr 2009The V8 engine, a symbol of power and prestige for more than a century, is looking more and more like an endangered species. A panel of powertrain experts speaking on Tuesday at the 2009 SAE World Congress painted a bleak picture for big engines in this era of tightening emission standards and volatile fuel prices. But smaller engines will not mean drivers have to give up performance.
BMW and Toyota to team up for sports car
Fri, 29 Jun 2012BMW and Toyota have agreed to jointly engineer and produce a new sports car as part of a broad-reaching technical partnership that is also set to center on lightweight construction solutions, fuel-cell development and hybrid powertrains. The announcement of the deal builds on an existing agreement for the supply of BMW diesel engines for various Toyota models, agreed to in December 2011. That was advanced with the signing of a memorandum by BMW CEO Norbert Reithofer and Toyota chairman Akio Toyoda in Munich, Germany, on Friday.