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Rothesay Life Insures GM’s UK Pension Fund


Goldman Sachs unit Rothesay Life has agreed to offer GM’s employees in the UK, a $370.68 million deal to insure a retirement fund. This is the second deal between GM and Rothesay, which agreed to pay pensions to the funds' retired members only, in exchange for part of the funds’ assets. From GM, Rothesay Life takes 11,000 retired employees and £230 ...
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Renault sells its remaining 6.5 percent stake in Volvo Trucks
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Fiat Expected to Report Positive Profit in First-Half of 2012
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F1 to raise $450 million for itself in IPO
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latest automotive news
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Apr.20 (GMM/Inautonews.com) Lotus team owner Gerard Lopez on Sunday indicated he was unhappy to have joined the opposition against ...
Vettel refuses to obey Red Bull team order
Apr.20 (GMM/Inautonews.com) World champion Sebastian Vettel refused to obey Red Bull's team orders during the Chinese grand prix. As his ...
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Apr.20 (GMM/Inautonews.com) It seems Jan Magnussen will not be a regular fixture at grands prix this year. The former F1 ...
Whitmarsh set for $10m McLaren payout – report
Apr.20 (GMM/Inautonews.com) Ousted boss Martin Whitmarsh could walk away from McLaren with a $10 million payout. Last month, when Eric ...
Total fuel damaging fuel sensor – FIA’s Lom
Apr.20 (GMM/Inautonews.com) The fuel supplied by French oil giant Total could be causing Red Bull's repeated problems with the ...
Newey with Webber at Silverstone, not in China
Apr.20 (GMM/Inautonews.com) Adrian Newey chose overcast Silverstone over smoggy Shanghai for the weekend of the Chinese grand prix. Speed Week ...
Rivals expect another Mercedes win in China
Apr.20 (GMM/Inautonews.com) Dominant Mercedes' main rivals are not confident the silver-clad team can be beaten in China. Although buoyed by ...
F1 set for cost-cutting summit on 1 May
Apr.20 (GMM/Inautonews.com) F1 will move to put cost-cutting efforts back on the agenda during a May 1 meeting. Earlier, it ...
Dennis hits back at Horner’s stance on Fallows
Apr.20 (GMM/Inautonews.com) Ron Dennis is keeping the pressure on Red Bull, after an employee reneged on a deal to ...
Female lawyer to help Ecclestone run F1
Apr.20 (GMM/Inautonews.com) Bernie Ecclestone will lean heavily on the help of a 44-year-old woman when his corruption trial begins ...
McLaren taking Red Bull dispute to high court – Dennis
Apr.19 (GMM/Inautonews.com) Ron Dennis on Saturday confirmed McLaren will likely take its dispute with world champions Red Bull all ...
Vettel admits ‘struggling’ to beat Ricciardo
Apr.19 (GMM/Inautonews.com) World champion Sebastian Vettel on Saturday admitted he needs to up his game. The German has won the ...
Lauda denies 80hp advantage for Mercedes
Apr.19 (GMM/Inautonews.com) Niki Lauda has rejected suggestions Renault is trailing the pace by a figure of 80 horse power. Red ...
Mercedes wanted three-race ban for Red Bull
Apr.19 (GMM/Inautonews.com) Mercedes wanted reigning world champions Red Bull to serve a three-race ban for appealing against its Melbourne ...
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Apr.19 (GMM/Inautonews.com) Nico Rosberg is sure Red Bull is playing down its title chances for "tactical" reasons. Although Mercedes' chasers ...
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Mattiacci plays down Alonso exit rumours
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Apr.19 (GMM/Inautonews.com) Daniel Ricciardo thinks he has shown he deserves his new seat at Red Bull. The Australian had driven ...