China’s BAIC in Bid to Buy Pininfarina

China’s BAIC in Bid to Buy Pininfarina
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BAIC currently owns the tooling, intellectual property and powertrain technology from the current Saab 9-3, which it purchased from General Motors and is already working on several new cars based on this platform, a new Pininfarina styled 9-3 could be one of them. Continue Reading...

Magna Bid to Buy Opel May Fall Through as GM Poised to Sign Agreement With Rival Bidder

Magna Bid to Buy Opel May Fall Through as GM Poised to Sign Agreement With Rival Bidder
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After continued rumors that General Motors was still shopping-around its European Opel operations, it appears as though a new buyer has been found. RHJ International, a Belgian company has been cited as the latest bidder and apparently a tentative deal could be signed by the end of the week. Initially Opel was slated to be… Continue Reading...