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GM reportedly set to sign deal on Thursday to sell Opel
Tue, 13 Oct 2009General Motors Co. likely will sign a deal on Thursday to sell a majority stake in Opel to a group led by Magna International Inc., German news agencies reported, citing sources close to the negotiations. GM agreed on September 10 to sell 55 percent of Opel to Canadian supplier Magna and its Russian partner Sberbank, but the deal stumbled amid labor union demands for a veto on factory closures and concern in the UK and Spain that 4.5 billion euros ($6.7 billion) in aid pledged by the German government for restructuring Opel favored the carmaker's German factories.
Mercedes-Benz to drop the R-class in the U.S.
Tue, 20 Mar 2012Mercedes-Benz will drop the slow-selling R-class wagon from its U.S. lineup after the 2012 model year. But the German automaker will continue to build the R-class at its plant in Alabama for export to other markets.
2014 Range Rover Sport UK price & specifications confirmed
Thu, 25 Apr 2013But as Land Rover has decided they are ready to make the specifications and prices for the new Range Rover official, it seems only fair to do a quick recap, although there’s not much we didn’t cover before. The 2014 Range Rover Sport comes in four trim levels - SE, HSE, HSE Dynamic and Autobiography Dynamic – and a choice of three engines - TDV6 and SDV6 3.0-litre diesel units and supercharged 5.0-litre V8 petrol – although not all engines are available on all trim levels. Equipment levels are decent with even the Range Rover Sport SE getting leather trim, auto lights and wipers, DAB, power tailgate, Stop-Start, Climate, heated front seats, SatNav, air suspension and Terrain Response.