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Analysis: why GM is pulling Chevrolet out of Europe
Wed, 06 Nov 2013The news that Chevrolet is to leave the western European car market (while staying in eastern Europe and Russia) is not a huge surprise, but it provides an interesting contrast to the success of fellow Koreans, Hyundai and Kia. “Fellow Koreans?” you might say, “but isn’t Chevrolet American?” Yes and no. The Chevrolets we were getting were all made in Korea in the factories that used to be owned by Daewoo, except for the handful of Camaros and Corvettes, which were authentically American.
De Tomaso SLC: De Tomaso back with SUV Concept
Thu, 10 Feb 2011De Tomaso SLC SUV Concept We’ve covered some of the trials and tribulations of De Tomaso in the last couple of years, with the assets of the once-successful maker of Italian-style cars with a New World heart languished rusting and unwanted in Italy. But there were no takers; no one willing to breath life back in to a once successful marque. But finally – in November 2009 – a white knight in the form of octegenarian and former Fiat Exec Gian Mario Rossignolo rode in to the fray, and plucked De Tomaso from the oblivion of the history books.
Fisker to buy former GM Solstice/Sky plant in Delaware for $18 million
Tue, 27 Oct 2009The old General Motors plant in Delaware that until July cranked out sports cars for Pontiac, Saturn and Opel will be sold and retooled to build plug-in hybrids with UAW workers. Fisker Automotive said Tuesday that it will buy the plant, located in Wilmington, Del., from Motors Liquidation Co.--the old General Motors Corp.--for $18 million. If Fisker's plans come to fruition, production at the plant could start in late 2012.