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Danny Tan · Page 486

Cars

GM repay US and Canada government loans

General Motors has announced the beginning of loan repayments to the US, Canadian and Ontario governments, coughing out $1.0 billion to the US Treasury and $192 million to Export Development Canada. "We …

Cars

Great Wall expands to Europe!

The Great Wall of China will be expanded to Europe! Not the famous structure, but the carmaker. I.M. Group, the UK-based automotive importer and distributor for Subaru, Isuzu and Daihatsu, has signed …

Formula 1

Kamui Kobayashi signs for Sauber!

Sauber has announced the capture of Kamui Kobayashi as one of their two race drivers for the 2010 Formula 1 season. The 23-year old Japanese was a stand in for Timo Glock …

Formula 1

Confirmed: Renault remains in Formula 1!

Renault will maintain its presence in Formula 1 after deciding to sell a big stake of its F1 team to Genii Capital, a Luxembourg-based firm specialising in new technologies, brand management and …