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Newsflash: Magna 'agrees to buy GM Europe': latest news
Fri, 29 May 2009Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.
Mercedes CLA: Official
Mon, 14 Jan 2013The new Mercedes CLA – the ‘baby’ CLS based on the new A Class – has finally been revealed ahead of going on sale in the UK in May 2013. The very stylish four-door coupe styling based on the new Mercedes A Class has survived almost intact from the Style Concept, offering buyers looking for a smaller Mercedes a real alternative to the CLS without sacrificing anything other than a size. Despite being revealed on the eve of the Detroit Auto Show, the new Mercedes CLA will actually make its public debut at the Berlin Fashion Week this week as Mercedes seek to mark the CLA’s design out as a ‘Style Rebel’.
Maserati Alfieri concept (2014) first official pictures
Tue, 04 Mar 2014By Ollie Kew First Official Pictures 04 March 2014 09:00 This beauty is the Maserati Alfieri concept. It’s a 460bhp, V8-powered coupe that points to the styling of the next GranTurismo, and Maserati’s soon-to-swell range of sports cars.With Maserati in the midst of a massive expansion programme, we’re getting used to seeing Maserati SUV concepts and diesel saloon cars at motor shows. Refreshing to see Maser take on the Porsche 911 again, isn’t it?