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GM sees no potential buyers for Saab
Thu, 08 Jan 2009General Motors has found no interested buyers for Saab, sources familiar with efforts to sell the Swedish brand say. GM put Saab under "strategic review" as part of the long-term viability plan submitted to Congress last month. In a subsequent interview with Automotive News, GM Vice Chairman Bob Lutz said strategic review is "code for we realize they're not working and something needs to be done." GM has not announced a decision to sell the brand, but has quietly shopped it around, the source said.
First 2012 Chevrolet Camaro ZL1 goes for $250,000 at auction
Mon, 26 Sep 2011The first 2012 Camaro ZL1 put up for sale brought $250,000 at the Barrett-Jackson auction in Las Vegas on Sept. 24. Fairway Chevrolet-Buick-GMC put the new ZL1 up for auction, with proceeds going toward the Southern Nevada YMCA.
Kia Magentis (2011): the first styling sketch
Mon, 22 Feb 2010The new 2011 Kia Magentis design sketch By Tim Pollard First Official Pictures 22 February 2010 11:51 This is our first look at the new 2011 Kia Magentis – a solitary design sketch showing what next year's new family car will look like.The new Magentis will be shown for the first time at the New York auto show on 2 April 2010 and Kia says it is longer, lower and wider than its predecessor. 'The new Magentis features a significantly longer wheelbase and will offer considerably more space for both people and luggage,' says the company.That, however, is the sum of the detail confirmed by Kia on its new family car.When can I buy the new Kia Magentis?Not many people will in the UK – they only sold 333 here last year. But should you want to, the new Magentis goes on sale in spring 2011 in Europe, six months after its US launch.