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Chesapeake, Virginia, US
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GM completes sale of Saab to Spyker
Tue, 23 Feb 2010General Motors today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands. The transaction combines Saab Automobile and its 3,400 employees with Spyker Cars and its 110-plus workers.
Bentley Hunaudières: The Bentley that became a Bugatti
Sun, 29 Apr 2012Bentley Hunaudieres Now seemingly forgotten, the Bentley Hunaudières Concept car from the 1999 Geneva Motor Show was the forerunner to the Bugatti Veyron. At the end of the 1990s Volkswagen embarked on a buying frenzy that would see them become makers of some of the world’s most desirable cars, acquiring Bentley, Bugatti and Lamborghini in the space of a few months in 1998. But even though VW had bought Bentley and Bugatti it seems they weren’t entirely sure at first where they would take their new marques, and at the 1999 Geneva Motor Show they revealed a W16 hypercar.
Early Mercedes sells for £720,000
Thu, 05 Dec 2013ONE OF the oldest surviving Mercedes cars has sold at auction for an astronomical fee. The Mercedes Simplex 28/32 HPs Phaeton eventually sold for £720,000 at the Coys auction house True Greats sale in London. Still in complete and roadworthy condition, the car was reported to be in superb, drivable condition before its sale, which was the first time it had been auctioned in its near-109-year life.