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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.
BMW Z4 sDrive35is Mille Miglia revealed
Fri, 07 May 2010The Germany only BMW Z4 Mille Miglia As we mentioned the other day when we were talking about Jaguar and the Mille Miglia, it’s that Mille Miglia time of year when car makers turn to their history books to see if they can get some mileage out of a Mille Miglia link and attach it to current products. Jaguar haven’t gone as far as having an XF Mille Miglia – settling instead for a turnout at this year’s event of classic Jags – but BMW have decided the time is right for a limited edition to celebrate past successes. So we’re being treated to the BMW Z4 sDrive35is Mille Miglia.
Concept Car of the Week: Pininfarina Ferrari 512S Berlinetta Speciale (1969)
Fri, 13 Jun 2014Back in 2001, Filippo Sapino retired from his position of managing director of Ghia S.p.A after over 30 years with the company. During this time he oversaw the development of production cars and wild concepts as well as forging a long partnership with Ford Motor Company. Yet before his illustrious career at Ghia, Filippo spent a couple of years at Pininfarina where he enjoyed great freedom of creativity.