4 Articles
BREAKING: GM announces Hummer sale cannot be concluded, brand to be wound down

Although it has been evident for some time that General Motors' sale of its Hummer brand to Sichuan Tengzhong Heavy Industrial Machines Co., Ltd., we didn't expect for word to come down today that the negotiations are dead and the brand will be wound down. Unfortunately, judging by a press release just issued by GM, that's exactly what will be happening. According to John Smith, GM's vi

Koenigsegg reportedly rejects 81 out of 218 U.S. Saab dealers

2010 Saab 9-5 - Click above for high-res image gallery

REPORT: Opel's 'preferred' buyer(s) expected to be named mid-week

It looks like the German government is about to announce its list of preferred bidders for Opel this week, and the list is likely to include Fiat and Magna. Why would this list be coming from Chancellor Angela Merkel's spokesman and not, say, GM? Because the German gover