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Rockar Hyundai: Hyundai’s new digital sales channel
Tue, 30 Sep 2014Rockar Hyundai will have a ‘Car Shop’ in Bluewater The death of the car showroom has long been predicted, and there’s no doubt that the car sales model we’re used to – visit showroom, see salesman, get upsold, leave with something you didn’t want – is going to die a death as the world and his dog get used to living, and buying, online. Now, Hyundai has decided there’s sufficient appetite for buying online to create a new digital platform for Hyundai buyers that removes the salesman from the equation and lets car purchases – and service followup – go properly digital. Enter Rockar Hyundai.
Koenigsegg signs deal to buy all of Saab
Tue, 18 Aug 2009By Tim Pollard Motor Industry 18 August 2009 10:17 Supercar maker and industrial group Koenigsegg today announced it had signed the deal to buy every one of GM's shares in Saab. The news clears the way for Saab's rebirth as an independent car maker freed from the shackles of General Motors and follows an earlier memorandum of understanding. Koenigsegg has signed the stock purchase agreement to buy 100% of Saab – but there are still numerous hurdles before the deal completes 'in the next few months.' Exactly.
Doomed Saturns, Hummers make assembly-line curtain calls
Tue, 16 Mar 2010Two doomed General Motors brands--Saturn and Hummer--are getting their last hurrahs on the assembly line. GM assembled 1,037 Saturn Outlooks last month after not making any Saturns since October. “We are building out a few Saturns to utilize existing material,” GM spokeswoman Kim Carpenter said.