Abu Dhabi Considering Opel Investment

Abu Dhabi Considering Opel Investment

The wealthy emirate of Abu Dhabi is reportedly in discussions with German labour unions over the potential purchase of a stake in GM’s struggling Opel brand.

According to Rainer Einenkel, head of the works council at Opel’s Bochum, Germany, plant, Abu Dhabi have raised the possibility of providing the company with a generous cash injection [...]

Audi R8 V8 Tuned By Wheelsandmore More Powerful Than R8 V10

Audi R8 V8 Tuned By Wheelsandmore More Powerful Than R8 V10

Who woulda thunk it? By throwing a supercharger and a tweaked ECU tune at an Audi R8 V8, German tuning company Wheelsandmore has managed to unlock more power from the bent eight than what’s on offer from the big-daddy R8 V10 - and for the same overall cost too.

It’s a small margin mind you - [...]

BMW And Daimler Looking To Foster Cooperation Through Seven Percent Share Swap

BMW And Daimler Looking To Foster Cooperation Through Seven Percent Share Swap

Remember when Sonic the Hedgehog first appeared in a Nintendo video game?  No?  Right.  All you need to know is that Sonic is a Sega property, and Nintendo was of course Sega’s mortal enemy.  When Sega stopped making consoles, Sonic the Hedgehog had nowhere to go – so the two companies came to an agreement.

On [...]

UK Manufacturers And Dealers Want Germany’s Car Trade-In Incentives

UK Manufacturers And Dealers Want Germany’s Car Trade-In Incentives

After Germany’s automotive sales sector reported a 21 percent increase last month, thanks for the most part to its trade-in incentive on old cars, the United Kingdom’s Society of Motor Manufacturers and Traders is pushing for the same move in the UK. Sales of new cars in the UK are already [...]

Government Incentive Boosts German Car Sales To Ten Year High

Government Incentive Boosts German Car Sales To Ten Year High

Germany has proved to be largely immune to the falling automotive sales epidemic that’s presently sweeping the world, recording its best February sales figure for ten years.

Sales of new vehicles rose 22 percent over 2008’s results, thanks to a €2500 (AUD $4900) cash incentive designed to encourage vehicle owners to scrap their old car and [...]

GM Approaches European Governments For Assistance

GM Approaches European Governments For Assistance

It seems that if GM is to survive, it’s not going to be given an easy run. Especially in Europe where the UK, Swedish and German governments have all reacted cautiously to requests for £4.2 billion (AUD $9 billion) in government aid.

The UK government is considering a loan upon presentation of a plan for the [...]

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