Deal


REPORT: Saab deal between GM and Koenigsegg finalized

The deal has been signed, but the cash still hasn't changed hands. In a nutshell, that's where the share transfer agreement between GM and Swedish manufacturer Koenigsegg sits. Those close to the deal say the two companies have agreed on a very low price for Saab, but the exact figures are still undisclosed. One towering hurdle in front of the deal is financing – the consortium, led by Koenigsegg Group, has yet to completely lock down funding as it is waiting on a hefty 4.3 billion kronor (about $593 million) loan from the ... Read more →

BREAKING: Supreme Court stays sale of Chrysler to Fiat Damon Lavrinc

The sale of Chrysler's assets to Fiat have been delayed by Supreme Court Justice Ruth Bader Ginsburg after three Indiana state pension funds lost their case in New York and filed papers with the ...

Let's Make a Deal: Chrysler, Canadian Auto Workers agree on union concessions Alex Nunez

The April 30th deadline to reorganize looms larger by the second, and Chrysler is scrambling to make deals that could theoretically help it stave off a bankruptcy filing next week. For that to ...

Chrysler's deal with Chery on hold Michael Harley

It may be time to stop holding your breath. The planned deal between Chrysler LLC and the Chery Automobile Company to bring a Chrysler-badged Chery to our shores seems to be completely over... no, ...

Ford, GM considering joint engine development Michael Harley

In a move that will help both ailing automakers, General Motors and Ford are holding discussions about sharing engine and powertrain technologies. Although neither company will officially ...

Hyundai offers scorching deal on Genesis leases 1 year ago on Autoblog

Click on the image above for our high-res Hyundai Genesis gallery To lure buyers towards the all-new 2009 Hyundai Genesis luxury sedan, the Korean automaker is aggressively pricing lease programs. Traditional Hyundai customers choose to lease about 10-12 percent of the time. The Genesis, ...

BMW may sell engines and transmissions to GM and Fiat 1 year ago on Autoblog

Word out of Frankfurt from the Financial Times Deutschland is that BMW is in talks to sell engines and transmissions to both General Motors and Fiat. All three companies have declined to officially comment. The news is interesting, but not surprising. You may recall that GM has been selling ...

A1GP boss: Ecclestone helped broker deal with Ferrari 1 year ago on Autoblog

When the A1GP World Cup of Motorsports started back in 2005, some saw it as a challenger to Formula One. But while the nation-based formula was creative, it stood little chance of posing any serious competition to F1 with all its decades of history, billions of dollars and millions of fans ...

Officially Official: Bridgestone signs exclusive deal with F1 1 year ago on Autoblog

Japanese tire-maker Bridgestone has been supplying every team on the Formula One grid since rival rubber company Michelin pulled out of the sport at the end of the 2006 season. But whereas Bridgestone had gone through 2007 as the exclusive tire supplier by default, the ink has now dried on the ...

BREAKING: Alonso signs with Renault 1 year ago on Autoblog

UPDATE: Official press release from Renault confirming Alonso's return can be read after the jump. var digg_url = 'http://digg.com/motorsport/F1_driver_Fernando_Alonso_returns_to_Renault'; Emerging reports confirm that Fernando Alonso has signed a two-year contract with the Renault F1 Team, with ...

Ferrari and A1GP sign six-year deal, announce new A2GP series 2 years ago on Autoblog

Following the news that Ferrari was in discussions with A1GP, the international racing series has announced that the two racing outfits have signed a six-year contract with Maranello. The terms of the agreement have Ferrari supplying the V8 engines for all the national teams competing in the series ...

NO SOUP FOR YOU! Prodrive-McLaren deal cancelled 2 years ago on Autoblog

If you've got your money on Prodrive making an unprecedented F1 debut next season, we'd recommend calling your bookie and changing your bet. The British racing consultancy was preparing to hit the grand prix circuit using equipment obtained through a deal with McLaren, but the agreement that was ...

Ferrari negotiating engine deal with A1GP 2 years ago on Autoblog

Ferrari is apparently running out of F1 teams to supply with engines, so it's looking to other racing series altogether for new customers. For the current season, the Maranello-based team had to have the rules bent so that they could supply their engines to not one but two additional teams on the ...

Report: Toro Rosso gives Bourdais wings! 2 years ago on Autoblog

It's a sad state of affairs when the pure talent of a racing driver isn't enough to advance his career. In the case of Sebastien Bourdais, the top teams on the F1 grid have apparently been blind to his domination in Champ Cars, as our favorite Frenchman (okay, second favorite, after Talladega Nights ...

Bertone-Fiat negotiations fall through 2 years ago on Autoblog

With just days to go before its investors meeting later this week, it's back to the drawing board for Bertone. According to emerging reports, a proposed deal that would have seen Fiat come to the rescue for the struggling coachbuilder and design house with a manufacturing contract has fallen ...

BBC and YouTube strike deal, Top Gear comes to the masses 2 years ago on Autoblog

YouTube, our favorite website for sticking it to the man, is getting more legit by the day since it was purchased by Google. Word comes today that BBC has struck a deal with the popular video sharing service that will see clips of BBC shows, including Top Gear, legally featured on the site and ...

DaimlerChrysler good to go with Chery 2 years ago on Autoblog

It looks like teeny tiny (and tinny) Pentastars could be coming. They could even be good. Tme will tell, as the DaimlerChrysler supervisory board has given its blessing to teaming up with China's Chery Motor Company. The Chinese government still needs to sign off, but that appears to be a formality ...

Update: Villeneuve's NASCAR deal 2 years ago on Autoblog

We just can't seem to get enough of Jacques Villeneuve's impending switch to NASCAR. Maybe it's the converging of the two worlds of motorsports, the tragic failure of a one-time king, his heroic stature in this writer's home town, the legendary association of the name.... The latest news on JV's ...

Chrysler turns to 0% financing as Employee Pricing ends 3 years ago on Autoblog

Chrysler summer-long Employee Pricing incentive ends today and is being replaced by a good old fashion Zero Percent Financing deal. The new deal applies to all 2006 models, which means Chrysler is eager to reduce the inventory of its dealers to make room for a flood of new products it plans on ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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