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Saturn has interested buyers, GM says
Fri, 06 Mar 2009Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said Thursday. GM has hired Steve Girsky, formerly senior auto analyst for Morgan Stanley, to help advise on any possible Saturn deals. Saturn spokesman Steve Janisse said, "There is interest from investors in doing a spinoff, and there are other entities interested in just buying it." He said he does not know whether the interested parties are other automakers.
Maybach officially turns up its toes
Tue, 14 Aug 2012After almost a decade of trying, Mercedes has finally officially thrown in the towel and announced the end of Maybach production. Maybach – a brand name almost unknown outside Germany when it was revived – was supposed to be Mercedes’ answer to Rolls Royce and Bentley. And perhaps it could have been.
Daimler considers building Mercedes C-class in U.S.
Wed, 23 Sep 2009Daimler AG could move some production of the Mercedes-Benz C-class to the United States from Germany, a German newspaper reported Wednesday. The Stuttgarter Zeitung said some C-class production could be transferred to the carmaker's plant in Vance, Ala., from Sindelfingen, near Stuttgart, as part of a wider production shakeup planned by Daimler to reduce costs. In the future, the C-class sedan could be built in three locations: Bremen, Germany; Vance, Ala., and in China, the newspaper said.