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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.
Ford names Courtney Force to represent teen-driving program
Mon, 01 Aug 2011Drag racer Courtney Force has been hired to represent Ford's teen-focused Driving Skills for Life program. The program helps young drivers improve their driving skills, focusing on hazard recognition, vehicle handling, and space and speed management. Force says her mom taught her to drive in a Ford Excursion.
Mini Convertible boat makes waves at Boston regatta
Fri, 19 Oct 2012Mini knows how to make splash. On April Fool's Day, it revealed the tongue-in-cheek Mini Yachtsman amphibious vehicle. Now Mini is riding on water again for the Head of Charles Regatta in Boston on Oct.