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Are GM planning to shut Vauxhall for good?
Sun, 14 Oct 2012Could General Motors (GM) be planning to close Vauxhall down for good as they seek an answer to huge losses in Europe. General Motors has had its share of problems in the last few years, not least the bailout needed to save it from bankruptcy in the US. That US bailout has seen GM return to profit in the US, but GM Europe continues to be a big hole in its accounts as the European car market continues to struggle with over capacity and a lack of buyers for traditional mainstream cars.
2012 Volkswagen Passat priced at $20,765
Thu, 26 May 2011The all-new 2012 Volkswagen Passat, looking to be a big player in the highly competitive midsize segment and the first car to be built at a new Chattanooga, Tenn., assembly plant, will come to market this fall with a base sticker price of $19,995, plus $770 destination charge. The 2012 Passat will be sold with three powertrains and a variety of equipment levels. “The 2012 Passat is a true Volkswagen, offering German engineering, class-leading standard features and superior fuel economy, all for a remarkable value,” said Jonathan Browning, CEO of Volkswagen Group of America.
Maserati Kubang
Tue, 13 Sep 2011Maserati today unveiled its new Kubang sport luxury SUV, the Italian brands's first foray into the segment. The Kubang, making its debut at the Frankfurt motor show, is said to be the forerunner of the future Maserati range. Previously revealed in concept form at the 2003 Detroit motor show, Maserati claims the production version of the Kubang maintains the main features of its concept precursor, such as the style, engine, suspensions, brakes, handling and performance. The manufacturer has for years been producing sedans, coupes and two or four-seater convertibles, but the Kubang is the first of its kind to be created by Maserati.