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Chrysler brand will handle Fiat 500 in U.S.
Mon, 28 Sep 2009The Chrysler brand will handle U.S. distribution of the Fiat 500 minicar, said Peter Fong, Chrysler brand CEO and head of sales for all Chrysler Group brands. Fong said the 500 most likely will have a dedicated corner in Chrysler-brand showrooms.
British Motor Show first details
Mon, 17 Dec 2007By Ben Whitworth Motor Shows 17 December 2007 10:30 It may be a long way off on your automotive calendar, but next year’s 2008 British Motor Show looks set to be the biggest yet, with organisers expecting ticket sales to top the 550,000 mark. Housed at ExCeL London in the Docklands between 23 July - 3 August 2008, the show will feature more than 60 vehicle marques and 600 cars – including the global debut for the new Vauxhall Insignia and a preview of the new four-seater Lotus Project Eagle (mule for next-gen Eagle/Esprit chassis testing above). Although it’s still some eight months distant, over 80 percent of the stand space has already been sold, and the exhibition will also include the following attractions: • The Heritage Enclosure and Parade – a driving display providing the sights, sounds and thrills of supercars from the last five decades • Drift School – a chance for visitors to be driven sideways around a circuit by professional drivers • The Marine Experience – the British Marine Federation will display a line-up of luxury water craft as well as a programme of on-water entertainment • The Autoglym Supercar Paddock, a high-octane collection of luxury marques • The 4x4 Experience, a challenging terrain for testing the best of the off-road pack • Motor Theatre, a live-action stunt show Tickets to the Show will be on sale from February, with prices starting at just £8.
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.