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GM signs deal to sell Hummer to Chinese company
Fri, 09 Oct 2009General Motors Co. has inked a deal to sell its premium off-road brand Hummer to a Chinese industrial company. GM said on Friday that it has a definitive agreement with Sichuan Tengzhong Heavy Industrial Machinery Co.
New Developments at Bertone
Wed, 19 Aug 2009Stile Bertone - located in Susa Valley west of Turin, Italy - has seen a series of internal and external changes in the last two years. But even in this global economic crisis the famed design studio is steadfast and committed, remaining vibrant and alive. The most recent development, which occurred on July 28, has seen Lilli Bertone, Nuccio Bertone's widow and President of Bertone, create Bertone Cento as the holding company for both Stile Bertone (design) and Bertonecento R&D (engineering).
Porsche 918 Spyder crashes in Germany
Mon, 02 Dec 2013Porsche is in hot water with German authorities following an accident involving a prototype version of the gasoline-electric hybrid-powered 918 Spyder on a public road last month, according to reports in the German media. The accident, which took place between the towns of Bietigheim-Bissingen and Ludwigsburg (close to Porsche's research-and-development center), saw the 875-hp 918 Spyder spin out of control and collide with a guard rail. Parts of the new $845,000 Porsche flagship are said to have broken loose in the collision before being collected by an oncoming car.