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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.
Citroen Cactus Concept revealed
Thu, 05 Sep 2013The Citroen Cactus Concept (pictured) has been revealed When the Citroen Cactus Concept was teased a week or so ago, we reckoned it looked like the first look at a simpler ‘C’ range of cars from Citroen with a touch of the urban warrior thrown in. And that seems to be exactly what it is. At 4210mm long, the Citroen Cactus is a bit shorter than the C4, but gets a rufty-tufty stance and looks like a crossover made for the urban jungle.
Intermot Motorcycle Show 2004
Wed, 23 Mar 2005Motorcycle design is a term that conjures up many images to different people. To the majority North Americans, designing a motorcycle suggests a garage where several enthusiasts resembling the hit TV show Orange County Choppers assemble bikes based on the Harley Davidson model, with acres of chromed after market parts and hand lacquered custom paint jobs.To many others no thought is given at all to how the shapes of the bikes on the street came into being. The reality is that the major motorcycle manufacturers employ professional designers and serious technology the same way as in the car industry does, even if the final product is so different.