Chrysler Sebring Not Even Good Enough for Russia

Chrysler Sebring Not Even Good Enough for Russia
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In a land where the Ladas actually pass as respectable cars, the Chrysler Sebring has been rejected by consumers. According to several reports, production of the Sebring (rebadged as the Volga Siber) has been stopped due to low demand. The car (based on the previous generation model and not our current Sebring), was being produced… 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...

Magna Wins Opel Bid, Wants to Build Cars in Canada

Magna Wins Opel Bid, Wants to Build Cars in Canada
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By solidifying a deal to take control of GM’s European operations, Canada’s Magna International Inc. is eager to start producing Opel cars in Canada. “We want to build Opel cars in Canada,” said company founder and CEO Frank Stronach. “Canada should have its own Canadian company … a truly Canadian automobile industry.” The third largest… Continue Reading...