Your Search Returned 13 tagged news reports
Swedish specialty car maker Koenigsegg Group AB said Tuesday it has ended plans to buy GM's Saab brand. A Swedish automaker has backed out of a deal to buy Saab from General Motors Co., casting serious doubt on the future of the troubled brand. Koenigsegg...
Tags: GM Saab, Saab Deal Falls Through, Koenigsegg Group AB, Koenigsegg Automotive AB, General Motors Co., cars maker, sports cars, maker koenigsegg, Sweden, Stockholm, Car manufacturers, General Motors, Saab Automobile, Business Finance, Koenigsegg, Saab, Automotive industry, Opel, Saturn Corporation, Christian von Koenigsegg, Sedans, General Motors Europe, Magna International, Bᅢᆬrd Eker, Sports sedans, Saab 9-5, Microsoft, US Airways, Beijing Automotive Industry Holding Corporation, Buick, Hummer
Porsche abandoned its long-running attempt to buy VW, Europe's largest carmaker, this summer, despite building a 51% stake in the company. Instead, Porsche is set to become the 10th VW brand under a deal due to be completed by the end of 2011. Porsche...
Tags: Volkswagen's Group Deliveries Up, Volkswagen AG, billion euro, U.S. Volkswagen, Porsche Automobil Holding SE, Porsche Posts Huge Loss, cars maker, Europe, Germany, Frankfurt, Porsche, Volkswagen, Automotive industry, Business Finance, Sedans, Hatchbacks, Volkswagen Group China, Volkswagen Group of America, Station wagons, Compact cars, Volkswagen Group, Audi, Car manufacturers, Vivendi, Net profit, Dow Jones & Company, Sports cars
Mr Winterkorn wants Volkswagen Group to become the world's largest carmaker Presiding over the biggest show in town ahead of press day at the Frankfurt motor show, Martin Winterkorn moves with cocky confidence. In front of an audience of more than 1,000...
Tags: Volkswagen Group, Frankfurt Auto Show, Volkswagen AG, Martin Winterkorn, Porsche SE, General Motors Europe, electric cars, auto showed, cars maker, motor showed, Germany, Frankfurt
According the magazine, the sale will be completed in two stages first 49.9 percent will be taken over, as had been reported this week, then VW will move to buy the rest of the company. Porsche are to receive around 8 billion for the transaction, allowing...
Tags: Porsche AG, Porsche SE, Porsche Automobil Holding, Volkswagen AG, Wendelin Wiedeking, cars maker, sports cars, executive wendelin
Toyota Motor Corp. said Monday that it will produce its ultra-compact iQ model for upscale U.K. car maker Aston Martin, in the Japanese car maker's first tie-up under the leadership of its new president, Akio Toyoda. Toyota, the world's biggest car maker...
Tags: Aston Martin, James Bond, Toyota Motor, cars maker
Saab unit, a person briefed on the negotiations said yesterday. Luxury sports-car maker Koenigsegg Automotive AB and Norwegian investors reportedly might buy the unit...Meanwhile, GM said it will stop making Chevrolet Malibus and Saturn Auras with an...
Tags: Koenigsegg Automotive AB, General Motors Corp., GM Close, buy saab, Sweden, sports cars, cars maker, saab unit, Saab, Ericsson
German magazine Der Spiegel , citing internal GM documents, said that the Canadian auto parts maker was favoured for its technological know-how, having helped develop the all-terrain BMW X3 model. It would also keep Opel factories running by making other...
Tags: Magna International Inc., General Motors Corp., Fiat SpA, Fiat Group Automobiles, Opel, German magazine Der Spiegel, cars maker, international gm, Germany, parts maker
Fiat is already in the process of buying the US car-maker Chrysler, which is applying for US bankruptcy protection. Opel says it needs over three billion euros to survive the economic crisis, yet the German government has no plans for an Opel bailout.
Tags: General Motors Europe, Sergio Marchionne, General Motors Corp, GM Europe, Chrysler LLC, cars giant, Mr Marchionne, Holden, cars maker
The company is changing the production arrangements, cutting the afternoon shifts and slashing penalties for its workers, to ensure there are no longer downtimes at the factory. The move was negotiated with the Government and the unions in an effort to...
Tags: GM Holden, afternoon shifts, vehicle sales, cars maker, economic downturn
German luxury carmaker Porsche has pushed back its planned takeover of Volkswagen because of falling sales. Porsche said it might not take majority control of VW this year, and that it would not pay "ridiculous" prices. Porsche also reported pre-tax annual...
Tags: Porsche SE, Porsche Automobil Holding, Volkswagen, sports cars, maker porsche, Wendelin Wiedeking, current economic, cars maker, vw takeover, porsche pushed