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BAIC could acquire Pininfarina
Industry

BAIC could acquire Pininfarina

Written by: Denns Albi
2 January 2011
1 min.

A report from Asia says that Chinese manufacturer Beijing Automotive Industry Holding (BAIC) is keen to buy the Italian design house, and although details are limited it seems that the Chinese company wants Pininfarina to help it create a new generation of cars based on the Saab 9-3. It is certainly […]

Fiat and Peugeot/Citroen could join forces
Industry

Fiat and Peugeot/Citroen could join forces

Written by: Denns Albi
December 15 2008
1 min.

According to recent reports from the network, the two European companies could merge in order to face the economic situation and obtain a higher profit margin than at present in the future. The first signs of problems at Fiat were made known by the company’s CEO, Sergio Marchionne, when he declared: That […]

GM has serious financial problems
Industry

GM has serious financial problems

Written by: Denns Albi
11 November 2008
1 min.

Today, GM shares fell alarmingly for the company after the report of the international bank Deutsche Bank AG was released, which indicates that the American manufacturer could go bankrupt even if it receives support from the American government. Another important point is that the company […]