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Lamborghini Gallardo LP 550-2 Spyder at L.A.
Thu, 17 Nov 2011Lamborghini Gallardo LP 550-2 Spyder arrives at LA Auto Show We’ve been expecting a drop-top version of the rear-wheel drive Gallardo – which first saw the light of day as a Balboni Limited Edition – for a while. And what better place to debut the Lamborghini Gallardo LP 550-2 Spyder than in a place where the sun always shines? So Lamborghini arrives at the L.A Motor show with a car that could have been built for California.
GM board will again delay decision on Opel's future, report says
Tue, 08 Sep 2009General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.
Will Volvo need a JV in China with itself?
Tue, 29 May 2012Western car makers wanting to operate in China need a joint venture with a Chinese partner. And it looks like Volvo is going to have to partner with itself to keep officials happy. The Chinese authorities are keen to make sure that Western car makers can’t just rock up on their doorstep, open up a factory or three and flog cars in the most populous nation on earth.