Thu, 10 Sep 2009
General Motors Co.'s board has decided to support selling a majority stake in Opel to a group led by Canadian auto parts giant Magna. The move caps weeks of high-stakes maneuvering on both sides of the Atlantic that saw nationalism, labor issues and--perhaps most critical to GM, the use of its technology--all come into play. Magna and Russian lender Sberbank will get a 55 percent interest in Opel, the linchpin of GM's European operations for 80 years, as well as its British sister brand Vauxhall.
Wed, 17 Aug 2011
Rolls-Royce is commemorating the 2012 Chinese New Year with a Year of the Dragon Collection of limited-edition Phantoms boasting dragon-themed detailing. The Bespoke design team at Rolls-Royce drew inspiration from the dragon of the Chinese zodiac--symbolizing power, prosperity and good fortune--for which this year will be named. A collection of Phantoms will be detailed as follows.
Wed, 04 May 2011
McLaren has officially launched its MP4-12C GT3 racing car, announcing the driver line-up and racing schedule for 2011 after further track-testing in Europe. Hang on, McLaren launched the MP4-12C GT3 at Silverstone, didn’t it? Readers will recall our earlier story on the MP4-12C GT3, but that was the track-test debut. Got it?
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