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GM Sale to Magna Cancelled
Wed, 04 Nov 2009GM has cancelled the sale of Opel and Vauxhall to Magna It’s been fraught with problems from the start, but what fire-sale isn’t? The unions have been unimpressed with what Magna were offering. The EU has had a pout and a stomp about the sale. Lord Mandy has said lots but done little.
Nissan Murano CrossCabriolet (2011) news
Sun, 14 Nov 2010This, believe it or not, is the Nissan Murano CrossCabriolet. And it’s not a concept, but a production car that will go on sale in the USA from spring 2011. Nissan has released this teaser image of the Murano CrossCabriolet ahead of the vehicle’s official unveiling at the 2010 LA Auto Show next week.
Spyker said to be General Motors' only candidate to buy Saab
Wed, 06 Jan 2010Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said. Financing has been a main obstacle to a deal, said the person, who declined to be identified because the information isn't public. The proposal from Spyker, a Dutch sports car maker, had included a Russian partner that GM rejected, and Spyker was seeking to arrange financing that didn't include that partner, the person said.