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GM wants to wrap up Opel sale quickly
Wed, 12 Aug 2009General Motors is anxious to wrap up the sale of Opel, a top executive said Tuesday. The bidding has been narrowed to Canadian auto parts conglomerate Magna--which is favored by the German government--and Belgian investors RHJ International. "I think everyone is anxious to get this thing done," GM CFO Ray Young said, according to Automotive News.
Civic hybrid tests Honda's new strategy
Mon, 06 Jun 2011Despite being the first to sell an electric-gasoline car in the United States and making hybrid technology a centerpiece of its fuel economy push, Honda Motor Co. has yet to have a hybrid hit. But the redesigned Civic Hybrid, launched April 20, is the first test of whether Honda's new strategy of tapping lithium ion batteries and, later, two-motor systems can break the streak.
BMW Vision Gran Turismo: Coming soon to a console near you
Wed, 21 Aug 2013BMW's Vision Gran Turismo will be hitting TV screens across the world on 6 December as it joins the growing list of cars featured in the next Gran Turismo racing sim game for PlayStation. The sports coupé was created using cues from BMW's racing experience while the aerodynamic elements were developed using the carmaker's knowledge from the racetrack. It looks like the lovechild of a 6-Series and one of automotive futurist Daniel Simon's creations – in a good way.