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New BMW M1 isn’t happening
Fri, 16 Dec 2011BMW won’t be building a new M1 A new BMW M1 Supercar has been mooted for some time – BMW even produced the M1 Homage in 2008 – but it’s not going to happen. We’ve expected BMW to bite the bullet at some point and recreate its mid-engined M1 Supercar. After all, car makers like a halo and, although BMW has some very impressive cars, they don’t really have anything like the Mercedes SLS.
Groupon vouchers for cars? No
Mon, 18 Jul 2011The Groupon juggernaut rolled into auto retailing last week, and dealers around the nation watched intently to see whether the online coupon phenomenon could drive herds of shoppers into showrooms. So far, no. Only four consumers agreed to pay $200 for a $500 discount voucher on a new-vehicle purchase at LaFontaine Buick-GMC-Cadillac in Highland, Mich.
CAR scoop: GM's $13 billion gamble (2013)
Mon, 30 Sep 2013By Ben Whitworth Motor Industry 30 September 2013 09:45 GM Europe has racked up enormous losses every year since 1999; in 2012 it bled $1.8 billion while GM North America earned $6.9 billion before tax. Yet the Detroit mothership continues to pump billions into its European division, like a deluded gambler convinced his luck will change. Max Warburton, automotive analyst at Wall Street researcher, Sanford C.
