Motoring News
06 June 2009Porsche moves closer to securing deal with Qatar
Porsche, the German sportscar maker, is likely to secure funding from Qatar in the next few weeks, according to reports, to help it pay down its €9bn debt pile
read moreVettel claims F1 pole in Turkey
Sebastian Vettel will start from pole position for tomorrow's Turkish Grand Prix.
read moreNine out of 10 cars bought under scrappage scheme are foreign
Nine out of 10 cars being bought under the Government's £300 million scrappage scheme were made overseas according to figures compiled by The Sunday Telegraph.
read morePenske Automotive Group in deal to buy Saturn marque
General Motors yesterday said it was selling its Saturn brand to Penske Automotive Group, the listed dealership chain. The sale, part of the bankrupt Detroit...
read moreGM to subsidise Platinum's Delphi buy
Platinum Equity, a Beverly Hills-based private equity fund, is to buy most of the assets of Delphi, the distressed auto parts maker, in a $3.6bn deal partly subsidised...
read moreBankruptcy vultures could be grounded by double whammy
It is a testament to how litigious US society has become that a recent advertisement showing a Jeep being launched from inside an erupting volcano and then being...
read moreChrysler court battle could ease rival's way
The fate of General Motors' proposal to create a "new" GM through a bankruptcy sale process will hinge on a legal challenge to a similar plan from Chrysler that was...
read moreGM to subsidise Platinum's Delphi buy
Platinum Equity, a Beverly Hills-based private equity fund, is to buy most of the assets of Delphi, the distressed auto parts maker, in a $3.6bn deal partly subsidised...
read moreLDV pleads for support to avert closure
Ahead of an administration hearing, the Birmingham van maker has asked the government for a loan of £60m to create a 'profitable new business' by producing electric vans
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