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Daimler & BYD reveal the Denza EV Concept: Beijing 2012
Wed, 25 Apr 2012Denza EV Concept The partnership between Daimler and BYD in China has revealed its first fruit – the Denza EV Concept - at the Beijing Motor Show. It’s just a few weeks since we learned that Daimler and BYD had come up with a name for their joint venture in China to produce New Energy Vehicles (basically EVs). Denza – or Tengshi, in Chinese – seeks to take Daimler’s expertise in car making (and they do claim more than any other car maker on the planet) and mate it with BYD’s undoubted expertise in electric cars to build a car company that only produces new energy vehicles.
Hyundai announces Shell as partner for 2014 rally return
Tue, 10 Dec 2013By Damion Smy First Official Pictures 10 December 2013 12:00 Hyundai has announced Shell as the major sponsor of its World Rally Championship and revealed its 2014 livery ahead of its first event – the Monte Carlo Rally – in January. The official name of the team is the Hyundai Shell World Rally Team. It also confirmed a new sub-brand to build road-going performance cars, called N, with further details to be announced.
General Motors says Magna's Opel bid has obstacles, RHJ's is easier to accept
Wed, 29 Jul 2009General Motors Co. says a bid for Opel from Magna International faces hurdles while a rival offer from Belgian investor RHJ International would be easier to accept. Writing on GM Europe's Web site, John Smith, GM's chief negotiator for the Opel sale, says Magna's bid "contained elements around intellectual property and our Russian operations that simply could not be implemented." He adds: "GM has partners in other parts of the world who have joint ownership of these assets ...