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GM sells trucks through Costco program
Wed, 02 Nov 2011Membership warehouse retailer Costco has launched a deal with General Motors allowing its members to buy certain Chevrolet and GMC trucks through select franchised new-car dealers at a "preferred price"--generally equivalent to the price that the automaker offers its suppliers' employees. Rick Borg, vice president of the Costco Auto Program, on Tuesday said the club expects its members to buy more than 5,000 new Chevrolet and GMC trucks under the program. The program runs through Jan.
Saab seeks partner for new small car, aims to be a contract manufacturer
Fri, 25 Mar 2011Saab is continuing its search for a partner to help it build a new entry-level car and the company also wants to build vehicles for other automakers at its factory in Sweden, Chairman Victor Muller said. "We are talking with other manufacturers to buy a platform or drivetrain technology for this entry-level car," Muller told Automotive News Europe. "It should come as soon as possible, in 2014 the earliest." Muller said the car would be priced at about 20,000 euros, or about $28,300 at current exchange rates.
Lexus LFA Nurburgring Package: Photos & Detail
Wed, 23 Feb 2011Lexus LFA Nurburgring Package When you’re making the most expensive car in your company’s history – the Lexus LFA – you don’t want to rush things. And Lexus certainly hasn’t. It’s taken a decade to get the LFA to market.