Posts Tagged ‘1 billion’
The Race of Champions is scheduled to return to its new home at London's Wembley Stadium on December 14th. For those unfamiliar, the annual event pits a host of the best racing drivers in the world against each other on carefully-calibrated equal terms. The event is split between the solo competitio......
2010 Saturn Aura put on hold?
Friday, June 27th, 2008
Click above for high-res gallery of the Opel InsigniaAfter seeing plenty of shots of Opel's new Insignia mid-sizer, we're anxiously awaiting General Motor's official announcement of its statewide debut as the next-gen Saturn Aura. Unfortunately, current rumors indicate that we'll be waiting a bit lo......
Vauxhall Insignia sports all-seeing front camera system [w/VIDEO]
Thursday, June 19th, 2008
Safety technology has become a major selling point for car shoppers, and a new front-sensing camera co-developed by Vauxhall and Opel will give GM's European brands something to brag about. The new camera, which will be available on the Opel/Vauxhall Insignia beginning early 2009, is located between......
First official shots of Opel Insignia interior released
Wednesday, June 4th, 2008
Click above for a high-res gallery of the Opel / Vauxhall InsigniaThe first official look at the Opel Insignia's interior leaves us with the impression that Opel / Vauxhall's new sedan is going to be a nice place in which to log some miles. Put simply, the cockpit is identical to the one first shown......
Maximum Bob talks about Invicta and how not to rebadge cars
Thursday, May 1st, 2008
Click above for high-res gallery of the Buick Invicta ConceptGM Vice Chairman Bob "Maximum" Lutz published a new post today on the corporate GM Fastlane Blog that addresses the automaker's newest concept that debuted recently at Auto China 2008 in Beijing: the Invicta. The concept heavily hints at w......
Lots overflowing with repo vehicles
Saturday, December 8th, 2007
What's the second biggest purchase after a home? Most of the time, it's a car. And with so many people losing their homes, it's really no surprise that so many people are also losing their cars. Repossession companies are reporting record business -- so much so in fact that they are securing additio......
Ford Edge headed to Brazil
Wednesday, November 7th, 2007
It seems like America is the only place where American cars aren't popular. Buick has huge numbers in China, and Ford's having a lot of success in Brazil. Sales of the Fusion sedan took off to the point that it now leads the midsize segment there. Riding high on the Fusion's success, Ford's sending ......
Chrysler and Mahindra possibly seeking partnership
Friday, October 26th, 2007
Outside of China, the biggest potential market for vehicles is in India, and Tata's recent bid for Jaguar and Land Rover proves that Indian automakers will be a force with which to be reckoned in the future. Chrysler recognizes this and in order to expand its own global reach might be looking to get......
GM cancels $4.1 billion line of credit
Tuesday, October 23rd, 2007
Back in June 2007, GM was staring a lot of financial variables in the face. To help alleviate a potential cash crunch, the General took out a $4.1 billion line of credit with a syndicate of banks to ensure that bills would get paid in the event of an emergency. The UAW negotiations have come and gon......
REPORT: Tata Motors confirmed to buy Jaguar/Land Rover
Wednesday, October 10th, 2007
Britain's Birmingham Post newspaper has gone out on a limb and reported that Tata Motors will be named the winning bid for Jaguar and Land Rover as soon as tomorrow – Friday, December 21st. Neither the seller, Ford, nor the buyer, Tata, have confirmed that an announcement will be made tomorrow, an......