Archive for September, 2009

September 30, 2009

Will Aston Martin Be Sold Yet Again?

Written by: David

Aston Martin arguably makes the most beautiful sports cars in the World, and has done so for over ninety years, but under several different owners.

The most recent owner change was just a few years ago, when Ford sold out to a consortium headed by a Kuwaiti investment outfit.

However the latest news is that they – The Kuwaiti Investment Dar, are in financial difficulties and have defaulted on some loans.

At the same time Aston Martin themselves aren’t having such a good time either, due to the global financial ......

September 17, 2009

Storm Erupts Over Ex-Rental Vehicles

Written by: David

A huge storm has erupted in the UK over the highly misleading practice of hiding the identity of ex-rental cars unwittingly bought by the public from official dealerships, paying thousands of dollars more than their real worth.

The UK tabloid newspaper, The Daily Telegraph, reports that it is a widespread practice for car rental companies to register their cars under an ‘innocent’ business name, and then pass their used stock onto the public as a ‘one owner vehicle’.

Of course it’s a one owner vehicle! ......

September 14, 2009

GM Finally Settles On Buyer For Opel, Vauxhall

Written by: David

General Motors has finally annointed Magna International Inc., a Canadian car parts conglomerate and its Russian bank partner, Sberbank as the buyers for 55 percent of the shares in its European operation that produces Opel cars in Germany and Vauxhalls in the UK.

GM will still own a 35 percent stake and employees will own the remaining 10 percent.

Magna have always been the favoured bidder with the German government, even after receiving a last minute increased offer from the other final contenders, RHJ International.

Magna ......

September 10, 2009

Ten Worst Driving Habits

Written by: David

The experts at Driving Solutions gave us their thoughts on the ten worst driving habits that they’ve seen when teaching thousands of drivers.

For the full article click here.

They summarized the ten worst as follows:-

1. Tail Gating

2. Using Devices Whilst Driving

3. Keeping to the Left Lane

4. Poor Seating Position

5. Speeding

6. Indicating

7. Motorway Merging

8. Poor Vehicle Management

9. Driving for the Conditions

10. Drink Driving

Do you agree?

Are there any that you think are more annoying than these listed?

Would you like to add your own pet hate to ......

September 4, 2009

GM’s European Sale Still Not Finalized

Written by: David

Part of General Motors bankruptcy resolution is to sell its two European factories, Vauxhall in the UK and Opel in Germany.

Despite the urgency, and many months after the initial expressions of interest closed, they still can’t get the deal across the line, even though there are two final bidders, RHJ International from Belgum and Magna, a Canadian car parts group.

The latest turn in this ongoing saga is an increased bid from RHJ International.

RHJ International said it will offer 300 million euros (approx $510 ......

September 3, 2009

The Joys Of Buying A Car

Written by: David

 A rather amusing email has been doing the rounds recently, and we just couldn’t let it pass us by without posting it for you to read.

“Recently, my wife and I decided that it was time to buy a new car. My own car had grown so dilapidated that I was depreciating our property value every time I pulled into the garage.

So we visited a local car yard – I won’t say which one – to find a replacement.

And we did.

We found a gorgeous ......

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