Jump to content
Create New...

Drew Dowdell

Editor-in-Chief
  • Posts

    55,281
  • Joined

  • Last visited

  • Days Won

    481

Everything posted by Drew Dowdell

  1. Oh I always do that when I'm in a jam.l
  2. Well, it's official. I'll be staying there the 17th and 18th at the Crowne Plaza - Dublin.
  3. You should follow the tire instructions from the manufacturer first, then the instructions from the car manufacturer. Generally, unless your tires are directional there's no need to worry.
  4. Happy B-day man!
  5. Women are bitches.... I'm done with 'em.
  6. The vehicles I usually see spun off the side of the road in a bad storm are Lincoln Navigators and BMW X5s
  7. GM Board Recommendation to Sell Majority Stake in Opel/Vauxhall to Magna International/Sberban GM to sell 55% stake in New Opel to Magna/Sberbank Agreement on new ownership structure signals fresh start for New Opel Employees to hold 10% stake in New Opel Government supports financing through additional state guarantees More: GM Board Recommendation to Sell Majority Stake in Opel/Vauxhall
  8. GM Board Recommendation to Sell Majority Stake in Opel/Vauxhall to Magna International/Sberbank GM to sell 55% stake in New Opel to Magna/Sberbank Agreement on new ownership structure signals fresh start for New Opel Employees to hold 10% stake in New Opel Government supports financing through additional state guarantees Zurich. General Motors today announced that its Board of Directors supports a bid from the consortium of Magna International Inc. and Sberbank to buy a majority stake in its European Opel/Vauxhall operations. Several key issues will be finalized over the next few weeks to secure the binding agreements, including the written support of the labor unions to support the deal with the necessary cost restructuring for viability and the finalization of a definitive financing package from the German government. The definitive agreements should be ready to sign within a few weeks, with closing to follow within the next few months. Under the deal, Magna/Sberbank will purchase a 55 percent stake in New Opel; GM will hold a 35 percent stake and employees will be provided a 10 percent stake. "The hard work over the past two weeks to clarify open issues and resolve details in the German financial package brought GM and its Board of Directors to recommend Magna/Sberbank," said Fritz Henderson, GM President and CEO. "We thank all parties involved in the intensive process of the last few months -- especially the German government -- for their continued support that enables this new venture. I'd also like to thank the Opel and Vauxhall customers for their continued loyalty. GM will continue to closely collaborate with Opel and Vauxhall to develop and produce more great cars, such as the new Insignia and the new Astra," Henderson added. The agreement will keep Opel/Vauxhall a fully integrated part of GM's global product development organization, allowing all parties to benefit from the exchange of technology and engineering resources. The new ownership structure constitutes a new lean, efficient and independent organization for the Opel and Vauxhall brands. The current portfolio of Opel/Vauxhall cars and the models in the pipeline are a strong basis for future success. Participating in GM's global technology development and purchasing organizations secures important economies of scale for Opel/Vauxhall and other GM brands. For example, vehicles that represent new propulsion technologies, such as the Ampera extended-range electric vehicle, can only be brought to market in a joint effort. "GM operates many joint ventures around the world and has proven in the past that this business model delivers the right balance of independence, innovation and synergies," said John Smith, GM Group Vice President Business Development. "All parties will work hard to close the deal as soon as possible," he added. About General Motors: General Motors Company, one of the world's largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 219,000 people in every major region of the world and does business in some 140 countries. GM and its strategic partners produce cars and trucks in 34 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Opel, Vauxhall and Wuling. GM's largest national market is the United States, followed by China, Brazil, the United Kingdom, Canada, Russia and Germany. General Motors Company acquired operations from General Motors Corporation on July 10, 2009, and references to prior periods in this and other press materials refer to operations of the old General Motors Corporation. More information on the new General Motors Company can be found at www.gm.com. In Europe, GM sells its vehicles in over 40 markets. It operates 10 vehicle-production and assembly facilities in seven countries and employs about 50,000 people. More information on GM can be found at http://media.gmeurope.com and http://www.gmeurope.com. GM Europe executive blog at http://drivingconversations.com.
  9. Sometime late yesterday, Cheers and Gears hit a major milestone. We now have over 1/2 a million posts! At least 8 or 9 of those aren't in the "Word Association" thread. Keep up the good work you post whores.
  10. In a Fusion v. Malibu, I'd take the Malibu every time. I just think it's an incredibly handsome car. I do like the Milan, but the Mercury dealer would have to throw me a super awesome deal to talk me out of the 'bu. I'd also consider a high end Aura for the right amount of money. Chrysler products aren't even in the running. The Taurus over the Impala or 300 is a no brainer for me. I'd probably pick the Lacrosse over the MKZ. The Lincoln shows it's Ford roots more than the Buick shows Chevy roots.
  11. We've corrected you on the Honda not being DOHC about 50 times now. When will it sink in?
  12. The cafeteria at work has an omlette bar and every once in a while they have this amazingly good special: The fry about 8 slices of pepperoni in a pan, pour the egg over. Flip once lay two slices of provolone cheese on the omlette and fold over. SOOOOO GOOOD!
  13. This thread is quickly becoming worthless without pics.
  14. I'd rebuild from the ground up one of each model E-body from 1985 but power them with something more appropriate to their status. I'd also make sure they would run on bio-fuel. Just for laughs, I'd take the power train out of a Tesla, double the battery capacity, and install the whole lot in a 1996 Fleetwood to be my daily driver. None of those exotics appeal to me. I have no need for a penis extension.
  15. I prefer fruit in it's original format.
  16. All of you cool it with the domestic brand hatin..... if we're gonna be hatin on any brand in here it's gonna be Toyota!
  17. I'm sure you (and the automotive press) will find something incoherent to bitch about on the ATS so as not to allowed Cadillac to succeed.
  18. They are 8 weeks out of bankruptcy in an industry that has a 4 to 5 year product development cycle. What do you want them to do, stop producing everything you don't approve of (basically anything missing a BMW badge or a leaping cat) and re-launch every product in 5 years?
  19. It was apparently "pick-on-the-retro-wagons" day on the PA Tpk. Of the 3 cars I saw pulled over by state troopers, 2 were PT Cruisers and 1 was an HHR. Also saw a brand new Mary Kay STS, a Challenger, a new Camaro, and a Lotus. I'm in Princeton NJ btw until tomorrow night. Also along this trip I had an odd moment of automotive Zen.... like when the planets align just right. I have a Volvo S40 rental and was following a Fusion with a Zephyr and Mazda 6 behind me. edit: Oh yeah... and apparently someone bought a Mitsubishi Raider. Saw my first one ever.... and probably my last.
  20. What does this mean for Ford? If Ford made a license agreement with Toyota because their hybrid came too close the the mark, I would think they'd be the next target. edit: And Nissan too. GM's Two-Mode and Honda's IMA are substantially different from the Toyota model.
  21. Pimp Daddy Caddy! Love it! Jealous!
  22. I've used Avast for going on 6 years now. Never had a problem and it's always been free.
  23. Just need to know where to go.
  24. The documents being blue means they are compressed. If you highlight them, right click, properties, you can uncompress them if you wish. Oh yeah..... Windows 7 64bit FTW!
×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search