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Mini aims to add 3 models by decade's end
Tue, 17 Jan 2012BMW's Mini brand will add three models by the end of the decade, said Kay Segler, Mini's global boss. Segler would not disclose details about the models but said they will likely use an all-new BMW Group front-wheel-drive platform that debuts with the second-generation Mini Cooper hardtop in 2014. The added vehicles will bring the number of Mini models to 10.
Mercedes-Benz to drop the R-class in the U.S.
Tue, 20 Mar 2012Mercedes-Benz will drop the slow-selling R-class wagon from its U.S. lineup after the 2012 model year. But the German automaker will continue to build the R-class at its plant in Alabama for export to other markets.
Read the GM press release annoucing the sale of Saab to Spyker Cars
Tue, 26 Jan 2010PRESS RELEASE: GM Reaches Agreement to Sell Saab to Spyker DETROIT -- General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. "Today's announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM,” said John Smith, GM vice president for corporate planning and alliances. “General Motors, Spyker Cars, and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand, and we're all happy for the positive outcome,” Smith said.
