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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.
SEAT Ibiza ST (Sport Tourer) at Geneva
Thu, 04 Feb 2010The SEAT Ibiza Sport Tourer will launch at the Geneva Motor Show Once upon a time it was all about getting the biggest estate car you could. That was what estate cars were for. But these days style and compact dimensions appeal to estate car buyers as much as anything, so the reveal of the SEAT Ibiza Sport Tourer should mean a few more sales heading SEAT’s way.
Jaguar XKR175 Coupe Debuts at Pebble Beach
Thu, 12 Aug 2010The Jaguar XKR175 - to celebrate 75 years of Jaguar If you read the report we recently did about Jaguar celebrating its 75th anniversary by launching the Limited Edition Jaguar XKR75 in to Europe, you could be forgiven for thinking that either the headline is a mistake or Jaguar has had a quick recalculate and realised they’d actually been in business for a century more than they thought. But if you reached that perfectly reasonable conclusion, you’d be wrong. In the UK and Europe Jaguar decide that the car to celebrate 75 years should be called the 75 and be produced in that number – so 75 are being made.