Arctic Cat Windshield 0616-891 on 2040-parts.com
Colorado Springs, Colorado, United States
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News watch June 2010: today's auto industry news
Wed, 30 Jun 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 June 2010• Tesla shares have rocketed 40% on their first day of trading; the company went public this week with the first IPO of an American car company since Ford in the 1950s (BBC News)• GM may sell off its interests in finance arm GMAC and parts supplier Delphi as it seeks to write down its debts (Financial Times)• A Federal judge has approved the $20m sale of a former GM plant in Wilmington to Fisker Automotive; Fisker hopes to build 100,000 cars a year once production hits a peak after launch in 2012. It is using a $529m government loan to fund its launch (Detroit News)Tuesday 29 June 2010• UK business secretary Vince Cable has warned that the car industry is no longer in an emergency – and cannot expect direct government support.
Penske's plan for Saturn: Sell Samsung vehicles
Tue, 26 May 2009Entrepreneur Roger Penske wants to use the Saturn dealership network to sell vehicles built by Renault Samsung Motors and imported from South Korea. According to Automotive News, Penske recently met with Renault and Nissan CEO Carlos Ghosn in Paris to talk about the plan. Renault owns 80.1 percent of Renault Samsung.
Bugatti Veyron – Eight Veyrons sold to one buyer
Mon, 15 Aug 2011Bugatti Veyron - 8 sold to one customer However wealthy you are it’s hard to imagine spending more than £1 million on a new car; a classic, certainly, but a new car with all that depreciation? No, thanks. But that’s really just the starting point for a Bugatti Veyron, with the Veyron Grand Sport and the Veyron Super Sport costing substantially more than that.