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General Motors to shut down Saab
Fri, 18 Dec 2009General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.
Lamborghini Gallardo LP 560-4 Bicolore revealed in Qatar
Wed, 26 Jan 2011The United States will not get the latest Lamborghini Gallardo LP 560-4 Bicolore Edition, which was unveiled at the Qatar motor show this week. The all-wheel-drive version will be a European- and Asian-market-only car, Lamborghini says. While this exclusion could cause an uproar among American Sant'Agata enthusiasts, all hope is not lost.
Experts Urge Buyers To Focus More On Depreciation Than Fuel Economy
Tue, 15 Apr 2014FOCUS more on a car’s value not its fuel economy if you want to save money. That’s the advice from leading valuation experts CAP Automotive. According to the independent experts, millions are wasted by drivers who focused on performance at the pumps when they chose their car, instead of the real cash-killer - depreciation.