All Entries Tagged With: "Automaker"
GM to sell Saab to Swedish custom car maker
By Louise Nordstrom Associated Press STOCKHOLM — Saab Automobile, General Motors’ struggling Swedish unit known for its family cars, was rescued today by a consortium led by Koenigsegg Automotive AB, a tiny company that produces only a dozen custom-made super cars a year. Having penned a memorandum of understanding, GM said the sale would include [...]
REPORT: Mitsubishi launches production of the iMiEV in Japan
Mitsubishi has launched series production of its iMiEV electric car at its Okayama, Japan factory. That makes the tri-diamond brand the first major automaker to kick off full scale production of a new EV, though it will be followed by many other automakers over the next two years. The automaker plans to build about 2,000 [...]
7 step procedure to get most out the coming 2010 E63 AMG
Volker Mornhinweg, who is AMG performance division chief at Mercedes-Benz, offers a seven step procedure to those who are looking to make the most of their new 2010 E63 AMG models. Depress brake pedal completely Shifting transmission to D Switching electric program for sport mode Switching to race-start mode with transmission Clicking upshift paddle Completely [...]
GM has Hummer deal, declines to name buyer
DETROIT (Reuters) – General Motors Corp said it reached a tentative deal to sell its Hummer brand, part of an effort to drop four unprofitable vehicle lines and leave bankruptcy as a leaner company. GM, a day after filing for bankruptcy, said in a statement on Tuesday that it was not disclosing the identity of [...]
GM announces preliminary agreement to sell Hummer
(Reuters) – General Motors announces preliminary agreement to sell Hummer * Says deal could secure more than 3,000 jobs in the United States * Says sale is expected to close by the end of third quarter of this year * Says the identity of purchaser and proposed financial terms of the agreement are not being [...]
GM: Workers, Towns Face Life Without Automaker
Pontiac. Mansfield. Spring Hill. Orion Township. All these places once thrived in the shadow of General Motors plants. But now their futures—and their very identities—are in doubt with the automaker’s decision to file for bankruptcy and shut down more than a dozen factories. The closings will cause “a ripple effect, and eventually it’s going to [...]
SEMA 2010: Mazda Miata Super20 makes two decades even more worth
Citroen DS3 by Kenzo is hip design
Saab owner lays out plans
Jaguar XKR175 starts the child brother coat
Fabled Lexus GS F to use LFA's V10