sold


OnStar not for sale, expanding into China

Profitable, and with 5.5 million subscribers under its belt, GM's OnStar vehicle telematics system is not for sale, according to a top General Motors executive. "At this point, OnStar is firmly a part of the new GM and is an integral part of GM's future strategy," reports Chet Huber, the outgoing president of OnStar. Huber, who has led the unit since its launch in 1995, made the statement yesterday during a media event with his successor, Walt Dorfstatter. While GM has been ditching brands to cut expenses, OnStar seems to be doing very well. ... Read more →

REPORT: Tata confirms Nano U.S.-bound in around two years Michael Harley

Americans may have the opportunity to welcome the Tata Nano to their shores in just over two years, according to a confirmation from David Good, a U.S. rep for the Indian automaker. Before it ...

Kerkorian unloads rest of Ford stock Damon Lavrinc

Back in June, Kirk Kerkorian, billionaire investor and auto industry meddler, bought up 140.8 million shares in Ford Motor Company at $8.50 a pop, gaining a 6.49% stake in the automaker and becoming ...

Ford to sell Mazda shares to insurers? Chris Shunk

While GM is being swamped with the persistent rumors surrounding the addition/dissolution of Chrysler, Ford's rumor mill has been heading in the complete opposite direction. It appears Volvo is on the ...

GM offering buyouts and bonuses to HUMMER dealers Michael Harley

Click on the above image for our 2009 Hummer H3T high-res gallery Taking heed of lessons learned when it shed the Oldsmobile brand, General Motors is quietly negotiating with HUMMER dealers to ...

Officially Official: Ford picks Tata as preferred bidder for Jaguar/Land Rover 1 year ago on Autoblog

Previous rumors that Indian automaker Tata was chosen by Ford from among a group of bidders to buy Jaguar and Land Rover have proven to be true, as both Tata and Ford announced earlier today that they have moved into advanced negotiations on the sale of the two British marques. Although both ...

Bertone sold to Gruppo Prototipo 1 year ago on Autoblog

Only days before heading to bankruptcy court, Italian engineering firm and carrozzeria Bertone revealed that it was about to pull a last-minute trick out of its sleeve in an announcement later that day. But when the announcement didn't come, the industry was left wondering if, after 95 years in ...

Rusty car sells for over $850k 2 years ago on Autoblog

Click image for photo gallery of the Bugatti in Greenwich var digg_url = 'http://digg.com/offbeat_news/Rusty_car_sells_for_over_850k_PICS'; Don't go quoting us on this, but this has got to be one of the most expensive barn finds we've ever seen. Christie's sold this 1938 Bugatti for a staggering ...

It's done: Aston Martin sold for $925 million 2 years ago on Autoblog

The deal is done, and it happened exactly the way everyone expected it to. Ford Motor Company has sold Aston Martin to a consortium led by Prodrive founder David Richards, Aston Martin collector John Sinders, and Investment Dar and Adeem Investment Co, two international investment companies ...






Autoblog Podcast #151: With Car and Driver's Eddie Alterman

Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.

 
 

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