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Porsche threatens to pull Boxster production from Magna
Fri, 25 Sep 2009Porsche is considering canceling an existing contract with Magna to build the next-generation Boxster and Cayman in Austria starting in 2013 and may instead move production to Karmann in Germany. The move would be aimed at protecting Porsche's closely guarded engineering and production cost secrets for its upcoming entry-level roadster and coupe. Porsche insiders say plans established under former boss Wendelin Weideking to build the Boxster and the Cayman at Magna's Graz factory in Austria are now being heavily reviewed following the Canadian/Austrian company's bid to take control of financially embattled Opel from General Motors.
German premium brands go SUV crazy: 10 new 4x4s coming
Mon, 04 Aug 2014By Tim Pollard Motor Industry 04 August 2014 11:15 Here’s a new trend among the German premium manufacturers that appears to be reaching boiling point: the insatiable rise of SUVs and crossovers. It’s been happening for a while, of course, but CAR can reveal that no fewer than 10 - ten! - new 4x4s are on the drawing boards at Audi, BMW and Mercedes-Benz.
GM speeds development of cars delayed during battle for survival
Thu, 17 Dec 2009With bankruptcy behind it, General Motors is speeding up the development of vehicle programs that had been delayed. One car, the next generation Chevrolet Malibu, will go on sale in two years. In August, GM executives said that car would debut a year later, in 2012.