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GM shifts gears, will keep Opel
Tue, 03 Nov 2009General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.
Autoweek in review: What you may have missed
Fri, 14 Dec 2012It was a slower week in the newsroom as 2012 winded down. On Monday, we learned how motorcycles were coming back and got some ideas for last-minute holiday gifts. In the racing world, the Trans Am Series announced that it’s expanding the 2013 race schedule.
Classic Car TV: Who loves the 1954 Kaiser-Darrin?
Fri, 16 Sep 2011In this week's episode of Hagerty Classic Car TV, host Matt Richmond teases us with a 1967 Mustang GT500 before jumping into an American-made 1954 Kaiser-Darrin for a test drive of the 90-hp antique with Hagerty's Jonathan Klinger. The news covers Lamborghini happenings, Triumph motorcycles, the Pink Panther car that's up for grabs, and a bit about Stanford University and its autonomous racing program. Enjoy the drive.