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General Motors board delays decision on favored Opel bidder
Tue, 04 Aug 2009General Motors Co.'s new board of directors made no recommendation in favor of one of the two rival bidders for Opel, the company said on Tuesday. The board has been updated on the Opel sale process but because talks are continuing with Magna International and Belgian investment company RHJ International, no recommendation has been made, GM said in a brief statement. GM's new board of directors was expected to choose one of the two bidders at a meeting on Monday evening.
Strong results for Maserati
Fri, 27 Jul 2007By Chris Hope Motor Industry 27 July 2007 02:27 This week has thrown up some surprising financial results for struggling car manufacturers from all corners of the industry. Last February, at the release of the Quattroporte Automatica saloon, chief exec Roberto Ronchi promised an end to Maserati’s financial woes. Five months later, the Italian supercar maker sees black for the first time in its 17-year Fiat stewardship.
Lamborghini Aventador J at 2012 Geneva motor show
Mon, 05 Mar 2012There maybe other Italian sports car manufacturers looking to hog the limelight at the 2012 Geneva motor show (and Ferrari and its 730bhp F12 is one of them) but Lamborghini will vie for attention with the Aventador J. A two-seat, open top speedster based on the Aventador LP700-4, it has some intriguing bits of carbonfibre tech and highly individual design. Named 'J' after the FIA’s Appendix J that governs the tech spec of race cars in certain classes, it’s proper bedroom wall material – but little boys and girls are unlikely to ever see it on the road as it’s a one-off and will go to a lucky owner after its appearance at Geneva.