BlankLotus & Cosworth go closer together.....
The partnership includes the supply by Cosworth of high-performance engines
based upon existing Toyota engines for future Lotus cars, and the assembly
by Cosworth of racing engines for all motorsport activities which are based
on Toyota powertrains. The first application of these race engines will be
for the V6 engine in the new Lotus Evora Cup racing car
Not really new but .....
General Motors has announced that Sichuan Tengzhong Heavy Industrial
Machines Co., Ltd. (Tengzhong) was unable to complete the acquisition of
Hummer. As a result, GM will begin the orderly wind-down of the Hummer
operations.
Spyker Cars N.V. has confirmed it has finalized the deal with General Motors
to purchase Saab Automobile AB. Ownership took place on February 23. Going
forward Saab Automobile and Spyker Cars will operate as sister companies
under the umbrella of the Amsterdam Euronext listed parent company Spyker
Cars N.V. This transaction secures the future of Saab Automobile and signals
the start of a new era for the brand.
Guy R Day
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