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BYD e6 electric-taxi fire kills 3 after high-speed collision with Nissan GT-R
Wed, 30 May 2012A BYD e6 electric taxi burst into flames following a collision with a Nissan GT-R in the Chinese city of Shenzhen on May 26. China Car Times reports that the driver of the GT-R might have been drag-racing while intoxicated. The Nissan was reportedly traveling at between 90 mph and 125 mph when it hit the BYD.
Chrysler sold in £3.76 billion deal
Thu, 17 May 2007By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.
2015 Cadillac ATS-V spied chasing BMW M3
Mon, 03 Jun 2013The Cadillac ATS was conceived as a BMW 3-series fighter, so it stands to reason that a hotter version of the rear-wheel drive sedan -- a Cadillac ATS-V -- would be called forth to challenge the mighty M3. New spy photos seem to show just that. Of course, this could be a case of a privately owned BMW M3 being in the right place at the right time, catching up with what appears to be a heavily camouflaged Cadillac ATS-V on the road somewhere outside metropolitan Detroit.