The announcement that General Motors wanted to buy Chrysler raised a few eyebrows. First, why would the venture capital company that only recently bought it from Daimler-Benz want out so soon; would competition authorities agree; but most of all, where would the money come from?
I was just reading the article "F1: Sponsorship not as good as in the bank" by Bryan Edwards on Sunday 19 October 2008 and wish to correct some errors.
Holden says you'll be able to buy its electric car in 2012; Renault and Skoda both bring new mid-size SUV's, Mazda shows it's frankly startling Taiki concept car and the industry says it expects to sell one car for every twenty people in Australia in the next year. But some big names don't think it's worth making the trip.
Britain's Left, led by Gordon Brown who, with Tony Blair has presided over a stealthy but steady move towards both socialism and republicanism in the UK over the past eleven years will today, via Brown's proxy at the Treasury, announce the biggest step left yet, as they nationalise large parts of a strategic industry.
It used to be the preserve of Japanese manufacturers to call their cars by stupid names. Then marketing men all over the world got involved and now it's a global idiocy. The latest batch of new names is, quite simply, ridiculous. Or is it?
It was a sad day when I stood in Birmingham's National Exhibition Centre at the British Motor Show in the mid 1980s and failed to buy a British sports car for the sole reason that there wasn't one I liked that had anywhere to put a child seat. Now there is.
It is expected that Ford, which had already said that Tata of India was its preferred bidder, will shortly announce that Jaguar and Range Rover will be sold to TATA for USD2 milliard.
Ford sold Aston Martin to an investment company and then put Jaguar and Range Rover up to sale, recently declaring TATA of India to be the preferred bidder. It's yet another faux pas in the recent history where, so far as the company's accounts are concerned, it's any colour you want so long as it's red.
Here's a puzzle - what's northern, big, white and grumpy? No, it's not a polar bear. It's Canada - at least when it comes to its car manufacturing industry. What's that, you say? Does Canada have a car manufacturing industry? Apparently so.
