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Holden to stop making cars in Australia
Fri, 13 Dec 2013Fresh from the news that General Motors (GM) will be pulling its Chevrolet brand out of mainstream markets in Europe, the automotive giant has now confirmed that its Australian subsidiary, Holden, will stop making cars Down Under by the end of 2017. It’s further bad news for GM, but even more so for the 2,900 Australian people who are set to lose their jobs as a result of the closure. And it’s a sad and disappointing end for the famous Holden marque, which can trace its history back as far as 1856.
Refreshed B-Class Gains Cosmetic And Kit Enhancements
Mon, 15 Sep 2014MERCEDES has revealed an updated version of its family-friendly B-Class model. The arrival of the second-generation car follows sales of more than 350,00 units since its launch in late 2011. Changes to the B-Class include exterior and interior enhancements along with improved equipment lines.
Audi set to buy Ducati for $1.1 billion
Tue, 17 Apr 2012News wire reports in Europe on Tuesday said Audi is poised to buy Ialian motorcycle maker Ducati from owner Investindustrial for about $1.1 billion (860 million euros). Audi has reached an agreement with Investindustrial to buy the maker of luxury motorbikes, with VW's supervisory board set to approve the deal on Wednesday, said a person familiar with the details, who declined to be identified discussing the private negotiations. Audi and Investindustrial declined to comment.