The Swedish at Saab and their Dutch owners at Spyker have been looking for a partner to aid production of a modern Saab 92 and we now have a potential partner for the affair. The partners in question are the Bavarians from BMW. The current negotiations aim for the modern version of the Saab 9-2 getting BMW engines and transmissions....
According to some "inside sources" General Motors and the US Treasury are expected to already have chosen a lead bank for the carmaker’s initial public offering as early as this following week. Since GM's Ed Whitacre is eagerly expecting public listing, the report claims that GM, which is majority-owned by the US government, would have to decide soon on an...
Honda's slogan "Power of dreams" may not be enough to get their biggest dream accomplished on time. Honda has forever been telling us about the dream of taking flight and in recent years they have been coming forward with operational crafts. Production versions of those aircrafts however seem to take a lot more effort than that to come to life...
The 2004 Chevrolet Corvette is undergoing investigation from the NHTSA after there have been several complaints in relation to the fuel tanks of these vehicles. The National Highway Traffic Safety Administration said that it has opened the investigation into 33,000 of these 2004 Chevrolet Corvettes over leaky fuel tank problems. The total number of registered complaints for this situation came...
The Maranello based supercar maker saw protests for two hours yesterday pending news that Ferrari SpA is looking to idle production and eliminate 9 percent of its work force. The decision took place as a result of the sister company Maserati reduced orders for engines. Ferrari has announced that they plan to cut 120 office positions and 150 factory jobs...
