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Newsflash: Magna 'agrees to buy GM Europe': latest news
Fri, 29 May 2009Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.
HSV Maloo R8 (2007): first official pictures
Mon, 15 Oct 2007By Damion Smy First Official Pictures 15 October 2007 10:45 What the hell is a Maloo? A Ute. And if you’ve never been to Australia then you’ve missed out.
Skoda drives along Popular memory lane
Thu, 05 Jun 2014A EUROPEAN car enthusiast is recreating a remarkable British journey first completed 90 years ago by a famous Czech writer, and is driving a 77-year-old Skoda Popular. The milestone car, Skoda's first to sell in big numbers across Europe, is well into a three-week journey around the UK in the hands of car nut Zdeněk Vacek, starting and finishing at the Czech Embassy in London and visiting many of the cities featured in famous Czech writer Karel Čapek's 1924 tome Letters from England. The Popular itself can celebrate its 80th birthday at the same time, having first appeared to widespread acclaim in 1934.