In our last flashback to the “noughties”, we had a look at China and how they’ve been moving up in the automotive industry. Now, we’ll be increasing the scale and having a look at the whole world, and how it was affected by the financial crisis.
In our last flashback to the “noughties”, we had a look at China and how they’ve been moving up in the automotive industry. Now, we’ll be increasing the scale and having a look at the whole world, and how it was affected by the financial crisis.
Automotive News is reporting that General Motors has set a May 1st deadline to sell Hummer, after failing to sell it to Sichuan Tengzhong Heavy Industrial Machinery.
In the first part of this series, we looked through some of the worlds most exotic cars, and how they battled it out in a showdown for the most speed last decade. Now though, it’s time to take things down a notch and talk about some Chinese automakers fighting their way into the big automotive world.
General Motors will be recalling 1.3 million compact cars due to an issue with the power steering.
General Motors has announced that they will be winding down the Hummer brand, as they could not complete a deal with Sichuan Tengzhong Heavy Industrial Machinery.
Yes, this is it. The Saab saga is definetly over, there’s no chance of Spyker pulling out like Koenigsegg did. General Motors has completed the transfer of ownership to Spyker, and Saab is officially saved. Congratulations Saab!
The 2009-2010 Pontiac Vibe was one of the affected cars in Toyota’s second accelerator recall, due to its Toyota Matrix underpinnings. General Motors is reporting that repair parts are now coming in.
Spyker has released more details on their Saab deal with GM, as well as their business plan for Saab.
The World Car of the Year jury has announced their top 10 finalists for 2010. The top 3 will be announced in Geneva, while the actual awards will be given out at the New York International Auto Show.
We posted yesterday about Spyker finally getting their hands on Saab, but not many details were available at the time. Now though, we can bring you some of the details on the deal.