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December 28, 1908: Buick and Olds Motor Works merge.
All things automotiveThis news at the time generated a lot of interest. Already, three quarters of the shareholders of Olds Motor Works in Lansing and part of Buick Motor Company in Flint, Michigan, have accepted a merger plan. This plan involves the new company acquiring their shares and issuing its preferred and common shares in return on a fair basis.
Vinfast wants to bring the VF3 to Canada and the United States.
All things automotiveVinFast will unveil the entry-level SUV VF 3 at the CES (Consumer Electronic Show) 2024 event in January in Las Vegas, as well as a new concept.
From Tractors to Automobiles: The Story of Ferruccio Lamborghini
All things automotiveIn the town of Renazzo, on April 28, 1916, Ferruccio Lamborghini was born, the oldest of five brothers, growing up on his father’s farmland. While his father spoke of the ancestral love for working the fields, Ferruccio’s soul vibrated to the rhythm of engines and cars.
Russian President Vladimir Putin puts the country’s largest car group, Rolf, under state management.
All things automotiveToday, Russian President Vladimir Putin has placed the country’s largest automobile group, Rolf, under temporary state management. Rolf is owned by a Cyprus-based company and was founded by Russian businessman Sergei Petrov.