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Hummer sale agreed
Tue, 02 Jun 2009GM has a Memorandum of Understanding in place to sell Hummer to a 'Mystery' buyer GM are reporting that they have reached a ‘Memorandum of Understanding’ with an unnamed buyer to take Hummer of their hands later in the year. MOUs are not the strongest tool in the arsenal when a sale is being arranged, which tends to indicate that either the buyer likes the idea but won’t commit yet, or they are still in ‘Fund-Raising’ mode. So who are the likely buyers?
Panasonic invests $30 million in Tesla Motors to develop batteries
Thu, 04 Nov 2010Japanese electronics giant Panasonic Corp. said late Wednesday it invested $30 million in Tesla Motors Inc. to cooperate on green powertrain development.
Lagonda SUV – with antimacassar and cushions!
Thu, 10 Dec 2009New pictures of the Lagonda SUV Concept have been published by Aston Martin Aston Martin are in the process of attempting to revive the Lagonda marque, and had a bash at the Geneva Motor Show this year with a gargantuan Lagonda SUV based on the Mercedes GL. But it wasn’t well received, which considering how far away it was from how a Lagonda should be is no big surprise. It seemed as if Aston Martin had taken the hint on the Lagonda Concept as it didn’t stay the course at Geneva but was pulled from the AM stand and shipped back to Gaydon.