General Motors Cancels Sale with Magna and Russian Sberbank and Decides to Keep Opel

4 11 2009

General Motors nowadays announced that the group’s Board of Directors decided to cancel the sale of Opel to a Russian-backed group led by Magna and keep it under control.

Opel_sale_GM

The U.S. automaker said that it took this certitude because of an “improving custom environment for GM over the older few months” as well as the importance of the Opel/Vauxhall brands to the firm’s universal approach. GM‘s president and CEO Fritz Henderson said in a primed statement that the company will portray its restructuring idea for its European section to Germany and other governments and hopes for its favorable consideration. The U.S. automaker expects that the restructuring of Opel will price around €3 billion, or about $4.4 billion at today’s switch rates.

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Car Accident: BMW X5 tear to pieces (photos)

4 11 2009

BMW X5 full crash img_6 | AutoWorld

We don’t know where it happened (probably in Russia), how many people were affected and how this accident could happen!! According to some information BMW X5 had all injuries as a result of repeated overturning at high speed. In continue you can view more terrible photos…

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Subaru WRX STI TRAX: Snow Truck with 400HP prepared for SEMA Show (photos and video)

4 11 2009

The 400HP Subaru Impreza WRX STI TRAX with snowfall tracks will be unveiled at the 2009 SEMA Auto Show. Based on a revive-prepped 2009 WRX STI, the TRAX was built by Vermont SportsCar for SRT USA driver Ken Block. Despite the Mattracks rubber track system, the car is near duplicate to Block’s #43 SRT USA competition STI.

Subaru WRX STI TRAX concept img_1 | AutoWorld

Vermont SportsCar started with a carry Impreza WRX STI and then gutted the interior, “faded the shell and then quite joint-welded it for added depth,” and installed a multipoint steel spin crate. After this was determined, the troupe added RECARO SPA ProRacer competition sport seats, carbon strand door panels, and an onboard fire suppression order. Other goodies contain a Yakima FatCat 4 Snowboard Rack, a Yakima Landing Pad rack support, and DC Shoes XFB-C Snowboards.

Read more (details, photos and video)!!
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