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Newsflash: Magna 'agrees to buy GM Europe': latest news
Fri, 29 May 2009Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.
2013 Lamborghini Gallardo IS the last Gallardo (video)
Tue, 11 Dec 2012Lamborghini has finally confirmed the Gallardo is now at the end of its life, with the 2013 Gallardo the ‘Final Gallardo’. But the Lamborghini Gallardo is anything but new as it’s been with us for a decade and, although still selling remarkably well, is well past its sell-by date. So we’d half expected that Paris may have seen the first sight of the Gallardo’s replacement rather than a mildly titivated version of the current car, but that now seems likely to happen at the Geneva Motor Show in 2013 after Lamborghini put up a website this week – The Final Gallardo – leaving us in no doubt the Gallardo’s time is up.
Upgrades create new flagship Kia Carens
Tue, 01 Oct 2013THE RANGE-TOPPING Kia Carens has been upgraded with satellite navigation and a better stereo following customer demand. The Carens 3 is the basis for the new technology to create the Carens 3 Sat Nav, which uses a seven-inch touch-screen on the centre console. There will now be seven higher-quality speakers spread throughout the cabin, too.