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GM blocks Saab sale to China

GM block Saab. No Saab 9-5 or 9-4X for the Chinese Last week we had the first reaction from GM to the announcement that Saab was to be sold to China’s Youngman and Pang Da. And it wasn’t positive.

Vast Private Collection To Go Under The Hammer

AN AUCTION of more than 1,000 lots all from the same collection is due to go under the hammer later this month. The collection belongs to Michael Banfield, who has amassed a huge collection covering the history of the car in the UK. Among the earliest cars for sale are a 1904 Mors Roi de Belges, which is in perfect working order, ready to be used and is estimated to make £500,000.

Holden to stop making cars in Australia

Fresh from the news that General Motors (GM) will be pulling its Chevrolet brand out of mainstream markets in Europe, the automotive giant has now confirmed that its Australian subsidiary, Holden, will stop making cars Down Under by the end of 2017. It’s further bad news for GM, but even more so for the 2,900 Australian people who are set to lose their jobs as a result of the closure. And it’s a sad and disappointing end for the famous Holden marque, which can trace its history back as far as 1856.