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McLaren F1 to buy BMW F1 Engine ops
Sun, 04 Oct 2009McLaren could be about to buy up BMW's F1 engine operations BMW are quitting F1 at the end of this season, and the Sauber team is up for sale. But the engine operations are not part of the deal. So it’s starting to look as if McLaren are looking to buy up the engine side from BMW and become a completely independent F1 car builder – just like Ferrari.
Alfa Romeo is not for sale, Fiat chairman says
Tue, 11 Jan 2011Fiat will not sell its Alfa Romeo unit and plans to relaunch the brand in the United States in late 2012, top Fiat executives said. “We would not sell Alfa even if we were offered tons of money,” Fiat chairman John Elkann told reporters at the Detroit auto show on Monday. Fiat and Chrysler CEO Sergio Marchionne said: “Alfa is part of Fiat's operational perimeter and we've already invested too much to get rid of it.” Volkswagen AG is rumored to be pursuing Alfa Romeo.
GM recalls 258,000 SUVs for fire hazard
Mon, 20 Aug 2012General Motors is recalling a family of SUVs, including the Chevrolet TrailBlazer, GMC Envoy, Saab 9-7x, Buick Rainier and Isuzu Ascender, after reports of 28 fires caused by short circuits in the power windows and locks. The recalled SUVs are from model years 2006 and 2007. In total, GM estimates 258,000 vehicles will need repairs.