Automobile industry
British entrepreneurs and politicians are notoriously wary of foreign investment, with the sale of Rolls-Royce to BMW set to spark a new wave of nationalist sentiment. Despite the company's effective bankruptcy, with sales in the low thousands and production plagued by inefficiency, the argument against the sale is
Automobile industry
Bruce Willis' latest film, "Mercury Rising", is a paint-by-numbers suspense yarn that fails to deliver on its promise of an engaging storyline. When FBI agent Art Jeffries (Willis) takes on the case of a 9-year-old autistic boy, Simon Lynch (Miko Hughes), who has cracked a top-secret code,
Automobile industry
Rolls-Royce, the legendary British luxury car maker, has become a coveted prize in a high-stakes bidding war between Volkswagen and BMW. After months of speculation, the two German automakers have submitted sealed offers, with BMW following Volkswagen's lead last Friday. The move has sparked a fierce auction, with
Automobile industry
The acquisition of Rolls-Royce, the British luxury car maker, has become increasingly complicated as German motor manufacturers BMW and Volkswagen have each submitted bids to purchase the company from its parent group, Vickers. BMW's offer, made on Wednesday, is shrouded in confidentiality, while Volkswagen's bid, reportedly
Automobile industry
Luxury automaker Rolls-Royce Motor Cars is at the center of a high-stakes battle between Volkswagen and BMW, with the future of the iconic brand hanging in the balance. A consortium of Rolls-Royce enthusiasts, The Rolls-Royce Acquisition Consortium, has also entered the fray, citing concerns about the erosion of Britain'
Automobile industry
Ford Motor Co.'s top executives announced plans to build a 50,000-square-foot design and development center at Irvine Spectrum, adjacent to the new Lincoln-Mercury headquarters. The move is part of the company's efforts to regain the California car market, which has been unresponsive to Ford'
Automobile industry
Dozens of nostalgia-smitten drivers and gawkers flocked to Fairfax Imports Inc. in Fairfax City to catch a glimpse of Volkswagen's updated classic, the Beetle, which is returning to auto showrooms after a 20-year hiatus. The new Beetle has captured the hearts of car enthusiasts of all ages, with
Automobile industry
Large British companies have consistently failed to effectively manage British car manufacturers, leading to significant losses and decline in the industry's global competitiveness. The potential buyers of Rolls-Royce Motor Cars, including British consortia and a German bidder, provide a stark contrast in approach. Graham Morris, the current CEO
Automobile industry
Volkswagen's head of operations, Mr Ferdinand Piech, visited Rolls-Royce's factory in Crewe, Cheshire, over the weekend and had three hours of negotiations with Rolls-Royce chairman Mr Graham Morris. The delegation included Lower Saxony Prime Minister Mr Gerhard Schroeder, fueling speculation that Volkswagen has won the bid
Automobile industry
Michael Caine, the renowned English actor, has achieved significant milestones in his career, including his breakthrough in 'Zulu' (1963), which coincided with Saturn's return to its position at birth. According to astrologer Frank Clifford, Caine's Mercury, besieged by Mars and Neptune, indicates the way
Automobile industry
A South Carolina lawyer, J. Kendall Few, has filed a motion accusing independent counsel Kenneth Starr of perjury and obstruction of justice while he worked for General Motors Corp three years ago. The allegations stem from claims that Starr helped cover up engineering reports about fuel-tank explosions in GM pickup
Automobile industry
In a bid to inject new life into its luxury car division, Ford Motor Co. has announced plans to move its Lincoln-Mercury headquarters from Detroit to Irvine, California, a move that marks the first time an American automaker has located a vehicle division headquarters outside Michigan. The decision is a
