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General Motors buys Suzuki's stake in Canadian assembly plant
Fri, 04 Dec 2009General Motors and Suzuki Motor Corp. are ending their CAMI joint assembly operation in Canada, with Suzuki selling its 50 percent stake to GM in a move that severs another tie between the partners. Neither company disclosed the timing or pricing of the sale, which was announced Friday.
Mini Crossover at the Paris motor show 2008
Thu, 02 Oct 2008By Ben Barry Motor Shows 02 October 2008 15:46 We’ve already seen it in the November 2008 issue of CAR, but Paris marked the motor show debut of the Mini Crossover Concept – a pumped-up four-wheel drive Mini that goes on sale in 2009. As journalists crammed together in what looked like a trendy nightclub, a video of two Chemical Brother-style hipsters driving the Crossover through a warehouse played behind the covered over concept before – ta-da! – some heavily tattooed type swung down from the rafters to remove the covers and reveal the actual pair inside the actual car.
Caterham off to China in 2012
Wed, 20 Jul 2011Caterham Cars - China Bound It’s quite an eventful time for car-making minnows Caterham – keepers of the Colin Chapman Flame- with a takeover at Caterham by Tony Fernades and Team Lotus only just complete, and now the news that Caterham are going to be selling cars in China from 2012. The takeover by Team Lotus has seen Caterham Cars’ profile on the international stage rise considerably as its logos appear on the Team Lotus F1 cars, which will do its prospects of selling Caterhams around the world no harm at all. Caterham has now signed an exclusive deal with Chinese importer Courtenay Trading International (CTI) who are aiming to appoint six retailers in key provinces of China over the next twelve months with a modest sales target of 50 cars in the first year.