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Penske said to be considering bid for GM's Saturn
Tue, 05 May 2009Roger Penske is considering a bid for General Motors' Saturn brand, a source familiar with the auto entrepreneur's plans said today. Penske is studying the issue but has made no proposals, said the source, who spoke on condition of anonymity. Penske, whose Penske Automotive Group dealership chain distributes Daimler AG's Smart microcars in the United States, is the second entity known to have an interest in Saturn.
College Exhibition: Coventry Degree Show 2006
Fri, 07 Jul 2006Transportation and product design students at Coventry University in England recently displayed their work in the school's summer degree show, one of the two graduation shows per year. A total of 74 students graduated in various fields including Automotive Design, Transport and Product Design, Vehicle Design, Boat Design and Consumer Product Design. With such a large body of graduating students, Coventry have wisely chosen to introduce a separate 'Selected Works' show this year for industry guests, which also opened to the public for one week at the end of June.
Fisker about to be bought by Volvo’s Chinese owner Geely?
Mon, 18 Feb 2013It’s reported that China’s Geely – which bought Volvo from Ford – is about to take a majority stake in Fisker Automotive. But Fisker has run in to big problems when its battery supplier - A123 Systems – went bust leading to Fisker production grinding to a halt. That has now been resolved with China’s Wanxiang Group buying up A123 Systems and it looks like Fisker is heading East too with Geely set to grab a majority shareholding.