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Fiat, Magna, investment firm are three finalists to buy Opel
Thu, 21 May 2009Italian automaker Fiat, Canadian parts maker Magna International and Belgian investment firm RHJ International look to be the final three bidders for General Motors' Opel subsidiary. Fiat has confirmed that it put in a bid for Opel. Final bids for Opel were due Wednesday evening.
Peugeot 2008 Concept
Wed, 19 Sep 2012Peugeot will unveil its new 2008 Concept at next week's Paris motor show, developed by design teams in Paris, Shanghai and Sao Paolo. The automaker has confirmed that the 2008 will go into production; first in France, then China and then Brazil as a global product. It comes after Peugeot displayed its Urban Crossover concept at this year's Beijing auto show, which bears an uncanny resemblance to the 2008. The 2008 concept, which measures 4,140mm long and 1,730mm wide, is painted matte fluorescent yellow with dark chrome surrounding the now-familar floating grille and the air inlets integrated into the fender.
CAR tech: why Porsche needs hybrids
Mon, 16 Sep 2013At the launch of the 997-generation 911 Turbo in 2006, Porsche faced a daunting future. Anti-car chatter from EU legislators proposed banning anything that produced more than 241g/km of CO2 and exceeded 101mph. ‘We’ll have to close if the European Commission decides that every carmaker must reach [these targets],’ a Porsche exec told CAR.