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GM board will again delay decision on Opel's future, report says
Tue, 08 Sep 2009General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.
The Tokyo motor show 2009 review, by Phil McNamara
Wed, 21 Oct 2009Ch–ch–ch–changes: time to face the strain, presciently sang David Bowie looking forward to the 41st Tokyo Motor Show. Since the 40th show in 2007, the car world has changed economically, politically and technologically. Even the show itself has suffered a pitiful transformation, stripped to just the Japanese firms after the European and American car makers block voted with their feet and jilted the show to save cash.
2013 Chrysler 300 John Varvatos limited edition to be auctioned at Cattle Baron's Ball
Fri, 27 Sep 2013The newly remodeled Cobo Center will host the 11th annua lAmerican Cancer Society Cattle Baron's Ball this Saturday with Chrysler as the presenting sponsor. Over the past decade, the event has raised over $10 million to help with efforts to combat cancer and to support those currently battling the disease. The American Cancer Society is marking its 100th anniversary.