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GM reportedly set to sign deal on Thursday to sell Opel
Tue, 13 Oct 2009General Motors Co. likely will sign a deal on Thursday to sell a majority stake in Opel to a group led by Magna International Inc., German news agencies reported, citing sources close to the negotiations. GM agreed on September 10 to sell 55 percent of Opel to Canadian supplier Magna and its Russian partner Sberbank, but the deal stumbled amid labor union demands for a veto on factory closures and concern in the UK and Spain that 4.5 billion euros ($6.7 billion) in aid pledged by the German government for restructuring Opel favored the carmaker's German factories.
New Honda NSX Concept debuts at Detroit 2012
Mon, 09 Jan 2012The new Honda NSX Concept Honda has revealed the Honda NSX Concept (Acura NSX Concept for the US) in Detroit this evening, a lightweight, hybrid, mid-engined supercar. A replacement for the Honda NSX (or Acura NSX for the US) has been on and off for years. But we knew the new NSX Concept was coming to Detroit and we thought it would have a passing resemblance to the Tony Stark car in the New Avengers.
Helicopter crashes while filming driverless Audi
Fri, 17 Sep 2010A helicopter crashed near the summit of Pike's Peak in Colorado on Friday while filming a test run of Audi's self-guided vehicle. Local media reports say the pilot is in critical condition and that the three passengers are stable. The crew was filming Audi's autonomous TTS as part of a project to ascend Pike's Peak, just west of Colorado Springs, Colo., in order to demonstrate the abilities of advanced driverless and GPS systems.