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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.
Nissan LEAF: UK prices
Mon, 17 May 2010The Nissan LEAF EV will sell at £21,350 in the UK after subsidies are taken in to account Agree with their focus – some would say obsession - or not, you can’t help but admire Nissan’s intentions to make the electric car a mainstream reality. It’s a big commitment and a bold move which could actually make or break Nissan in the coming years, in the same way as the hybrid obsession at Lexus. But putting aside the business sense of a headlong tilt in to electric cars, we have to admit that the headline price for the Nissan LEAF in the UK – just announced as £23,350 (after taking in to account Government incentives) – is a very competitive price point.
Toyota & Lexus: Hybrid sales in Europe hit 20%
Tue, 16 Apr 2013The ‘Green’ evangelists want to get us all driving electric cars to save the planet, but in the real world car drivers want a car that offers them all the practicality of a normal ICE car, but without the penalties of the poor range, high cost and inconvenience of an EV. So, with ever-rising fuel costs, it’s no wonder car buyers are willing to pay a little more for a car that offers better economy at the pumps – which plays straight in to the hands of Hybrid pioneers Toyota. The result is that Toyota and Lexus now see a full 20 per cent of their sale in Europe being hybrid cars in the first quarter of 2013, with sales of hybrid cars up a massive 82 per cent year-on-year.