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Mercedes AMG has best year ever
Wed, 04 Feb 2009With car sales plummeting in 2008 (and likely to be worse in 2009) there aren’t many bright spots around. But performance saloons are certainly one of them. As we reported back in December, BMW’s M Division had a cracking year, with sales of nearly 27,000 for the year.
BMW 'Dwelling Lab' project
Tue, 11 May 2010One of the most interesting pieces of work shown at the recent Milan Design Week was 'The Dwelling Lab', collaboration between BMW, Flos Lighting and Kvadrat fabrics. Artists Patricia Urquiola and Guilio Ridolfo were commissioned to effectively turn a BMW 5 Series GT inside out. The car is 'exploded' - with five giant cone-like structures growing out of the windscreen, door openings etc.
GM Europe weeks from running out of cash
Tue, 03 Mar 2009By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.