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GM shifts gears, will keep Opel
Wed, 04 Nov 2009General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.
Hyundai at CES 2011
Sat, 08 Jan 2011Hyundai proved to be one of the biggest automotive surprises here at CES. While Audi and Ford have grabbed the headlines, it's clear that Hyundai isn't far behind, and on this evidence, may even be ahead in some areas of in-car electronics, before too long. The company unveiled its new ‘Bluelink' infotainment and telematics system as part of Tuesday's Consumer Telematics Show and this was being demonstrated on the company's show stand at CES too.
New Audi TT images appear ahead of Geneva debut
Fri, 28 Feb 2014Peter Murphy and Walter Gropius walk into Geneva's Palexpo, look at the new Audi TT and proclaim, "This ain't a return to Bauhaus, in fact, it looks like it might just be heavy refresh. Dag." Clearly, that's a fictional scenario. Gropius is as dead as Bela Lugosi and Murphy suggests that there won't be any further Bauhaus reunions.