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Chevy, Buick-GMC bosses out at GM
Thu, 10 Dec 2009The brand heads of Buick-GMC and Chevrolet are leaving General Motors Co., continuing a management upheaval sparked by the Dec. 1 ouster of CEO Fritz Henderson. Buick-GMC head Michael Richards, who left Ford Motor Co.
USA, UK & Germany will be top markets for the new BMW i8. You don’t say?
Sun, 11 Aug 2013The BMW i8 (Pictured) will sell best in US, UK & Germany In a case of stating the obvious in a bid to keep interest in the BMW i8 high ahead of its debut at Frankfurt next month, Hendrik Wenders – the i8 product manager – has declared the biggest market for the BMW i8 will be the USA. As America is already BMW’s biggest market place, that’s not entirely a shock, and nor is the news that the UK and Germany will be the biggest markets in Europe. After all, they’re the only major economies in Europe without huge falling markets for cars.
Ford and Geely agree on Volvo sale, could finalize deal in early 2010
Wed, 23 Dec 2009Ford expects to sign a deal to sell its Volvo car unit to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter, the U.S. automaker announced today. Ford said that all of the deal's key commercial terms have been settled.