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Hummer sale agreed

GM has a Memorandum of Understanding in place to sell Hummer to a 'Mystery' buyer GM are reporting that they have reached a ‘Memorandum of Understanding’  with an unnamed buyer to take Hummer of their hands later in the year. MOUs are not the strongest tool in the arsenal when a sale is being arranged, which tends to indicate that either the buyer likes the idea but won’t commit yet, or they are still in ‘Fund-Raising’ mode. So who are the likely buyers?

Lamborghini world debut at Paris

By Ben Pulman First Official Pictures 16 September 2008 16:21 This solitary photo is Lamborghini’s teaser of a new car that it will unveil at the October 2008 Paris motor show. No other information has been released from Lambo’s Sant’Agata HQ, except this single line of text: ‘It’s not just a new Lamborghini. It’s a new world.’ Lamborghini officials remain tight-lipped, but we know this will be a new bodystyle for the fabled Italian purveyor of extreme sports cars.

New Altima, Fusion challenge Camry and Accord for sales dominance

The Nissan Altima and Ford Fusion have entered the thick of the midsize sedan sales chase -- long a battle mainly between the Toyota Camry and Honda Accord -- leaving the rest of the pack a few laps behind. The also-rans include the Chevrolet Malibu and Hyundai Sonata. A lackluster design has hampered sales of the Malibu, and short supplies have held back the Sonata.