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General Motors buys Suzuki's stake in Canadian assembly plant
Fri, 04 Dec 2009General Motors and Suzuki Motor Corp. are ending their CAMI joint assembly operation in Canada, with Suzuki selling its 50 percent stake to GM in a move that severs another tie between the partners. Neither company disclosed the timing or pricing of the sale, which was announced Friday.
New Mazda2 To Debut At October Paris Show
Thu, 17 Jul 2014JAPANESE car maker Mazda has taken the wraps off its latest generation Mazda2 model. The compact hatch will be given its public debut at the Paris Motor Show in October. Taking many of its styling cues from the recently launched Mazda3 and mid-size Mazda6, the firm’s new small car also boasts a full range of its ‘Skyactiv’ technology focused on improving driving dynamics and boosting efficiency and economy.
World's most expensive Alfa Romeo sold at auction
Wed, 18 Sep 2013The Alfa Romeo that was the brainchild of Mussolini has sold for nearly £6m at auction. The Italian dictator commissioned the Alfa Romeo 8C-35 to conquer Hitler's dominance of pre-war racing. Built in time for the 1935 Italian Grand Prix, the 8C-35 smashed the competition with racing star Tazio Nuvolari at the wheel and confirmed its fate as one of the most successful racing cars ever. At last weekend's Goodwood Revival, the 8C-35's place in the history books was confirmed as it became the most expensive Alfa Romeo ever to sell at auction. Selling for £5,937,500, the Alfa Romeo eclipsed the previous record of £4,245,118, held by a 1933 8C 2300 Monza, sold in 2010.