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General Motors board recommends selling Opel to Magna-led group
Thu, 10 Sep 2009General Motors Co.'s board has decided to support selling a majority stake in Opel to a group led by Canadian auto parts giant Magna. The move caps weeks of high-stakes maneuvering on both sides of the Atlantic that saw nationalism, labor issues and--perhaps most critical to GM, the use of its technology--all come into play. Magna and Russian lender Sberbank will get a 55 percent interest in Opel, the linchpin of GM's European operations for 80 years, as well as its British sister brand Vauxhall.
Saab 9-5 BioPower 100 Concept (2007): first official pictures
Thu, 15 Feb 2007By Tim Pollard First Official Pictures 15 February 2007 11:17 Another BioPower-badged Saab? They're making a lot of these, aren't they? They certainly are.
Nissan Land Glider revealed +video.
Thu, 08 Oct 2009The Nissan Land Glider will be at the Tokyo Motor Show We had Toyota’s Jetson-inspired pocket-sized city EV – the Toyota FT-EV II – revealed yesterday and today we get something even smaller from Nissan – the Nissan Land Glider. The Nissan Land Glider is a very narrow and compact two-seat urban electric car. It’s narrow size makes it perfect for parking and its fly-by-wire dual joystick controllers will make anyone much under 50 feel very at home.