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Delorean saloon plans up at auction

By Tim Pollard Motor Industry 06 February 2007 02:42 Rare sketches from John Delorean's personal notes have ended up on Ebay - revealing plans for a 1970s 'luxury sedan'. If the notes are genuine, they include 24 pages of writing and sketches made between October 1976 and December 1976. They're claimed to have come from the corporate records of the Delorean Motor Company, which were seized as a result of bankruptcy in the early 1980s.

GM will launch 60-day money-back guarantee

General Motors Co. is taking a page from the retail industry with its latest marketing blitz in an effort sell more cars: a 60-day money-back guarantee. The initiative--unorthodox for an automaker--starts Monday and covers 2009 and 2010 model-year cars from GM's surviving brands, Chevrolet, Cadillac, Buick and GMC.

BMW set to go front-wheel drive

BMW chairman Norbert Reithofer has confirmed that the German carmaker will introduce a new front-wheel-drive entry-level model positioned and priced below the existing 1-series as part of plans to help increase part sharing and to bolster the potential for production savings between the BMW and Mini brands, thus bringing an end to the era of rear- and four-wheel-drive-only BMW models. Speaking to AutoWeek at the Geneva motor show, Reithofer said internal BMW studies revealed that despite the downturn in the world's economy, there was continued demand for what he described as "premium vehicles" in the small-car class, before officially acknowledging plans that will see BMW produce a rival to the recently unveiled Audi A1 and a new Smart Forfour presently under development at Mercedes-Benz. "We will be extending the BMW and Mini brands into the small-car segment with new models and variants," he said.