General Motors has reached an agreement to sell its Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery, the company announced Friday. The price was not disclosed, but industry analysts had estimated that the Hummer division would sell for $150 million. The deal would make Tengzhong the first Chinese company to sell vehicles in North America, [...]
Chinese artist Lu Hao signed a very cool edition of the Ferrari 599 GTB Fiorano model: 599 GTB Fiorano China Limited Edition. This specially- designed supercar will be auctioned the 3rd of November at a special Gala Auction Event hosted by Ferrari in Beijing.
Over the weekend the 2.4 million dollar Infiniti Essence Concept car was on display at the Louis Vuitton store in Troy, Michiganâ€™s Somerset Collection Mall. The car is part of a nationwide tour by Infiniti to keep in touch with customers during 2009, since they’ve decided to stay out of auto shows this year. Since [...]
According to Auto Express in the U.K, The most-luxurious car maker in the world is considering an electric variant of its flagship saloon, the Phantom. While details are non-existent, the Phantom EV could actually be a hybrid-electric vehicle like the Mercedes Vision S 500 plug-in hybrid. This would likely make more sense, because a pure [...]
Mini has celebrated its 50th anniversary at the Frankfurt Motor Show with the Coupe Concept and Roadster Concept. BMW has already confirmed these two concepts are headed for production, expanding the Mini line-up to no less than six models. The original hatch has been joined by a convertible and the Clubman extended wagon, and there’s [...]