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GM reportedly set to sign deal on Thursday to sell Opel
Tue, 13 Oct 2009General Motors Co. likely will sign a deal on Thursday to sell a majority stake in Opel to a group led by Magna International Inc., German news agencies reported, citing sources close to the negotiations. GM agreed on September 10 to sell 55 percent of Opel to Canadian supplier Magna and its Russian partner Sberbank, but the deal stumbled amid labor union demands for a veto on factory closures and concern in the UK and Spain that 4.5 billion euros ($6.7 billion) in aid pledged by the German government for restructuring Opel favored the carmaker's German factories.
Bugatti Veyron Vitesse ‘Black Bess’ Legends Edition (2014) first official pictures
Thu, 10 Apr 2014By Ollie Kew First Official Pictures 10 April 2014 13:01 Bugatti’s latest ‘Legend Edition’ Veyron Vitesse is this black and gold creation: the ‘Black Bess’. It’s inspired by the Bugatti Type 18, built from 1912-14, and nicknamed Black Bess for its all-black paintwork. Oh yes – 24-carat gold in fact.
Car Design News Awards: Nissan IDx and BMW i3 named best Concept and Production cars
Wed, 05 Mar 2014The Nissan IDx and BMW i3 were the recipients of Car Design News' Car Designs of the Year Awards in Geneva last night. This year, for the first time, our Car Design of the Year Awards were voted for by a jury of 12 professional car designers, adding an extra layer of gravitas. Nissan's VP and chief creative officer Shiro Nakamura was at the Car Design Night event at Bypass in Geneva to accept the award.