Remember Bob Lutz and his on going long line of retirements? It may be that the last one wasn’t his last after all. According to a report from Autonews, Lotus Cars is interested in hiring the former GM Vice Chairman together with ex-CEO of Rolls Royce, Tom Purves, as advisors.
This is what some rumors have been cropping up with in relation with the American company’s marketing issues. The decision seems to fall on the shoulders of the new marketing chief Joel Ewanick of parent company, General Motors.
Just this afternoon an interesting piece of news cropped up as an interesting bit of information has been released from SAAB as they announce their new choice for a head designer. The name of the new head of design at the Swedish company is Jason Castriota, an American designer who’s most memorable creation is the
Toyota have just announced that they will recommence construction on its Mississippi plant about the same time they are going to begin producing the Corolla there late next year. With the Corolla being produced at this particular plant once again a major shift in production will occur due to the current climate.
Pending a situation of uncertainty and a delay of a session destined to reach a decision, Opel finally got an answer from the German government and it will be not receiving any state aid. Yesterday, GM’s request for aid from the federal government in order to keep its Opel unit going clashed with representatives and
Some French newspapers reported that Renault SA have set targets seriously high for electric vehicles production by 2015 as it plans to hit a figure above 200,000 per year. And to prove this isn’t just trash talk the French company announced that at least 150,000 of these will be the Renault Zoe.
Chrysler CEO Sergio Marchionne has made a recent statement in which he confirmed his optimism in Chrysler’s performance since it has surpassed all expectations by achieving profitability and plugging a severe cash leak in less than a year since filing for bankruptcy. His statement was pretty much full of words of praise for the American
Spyker Cars is enjoying the perks of owning SAAB and their dealer network as they have just announced that they will be using it to sell their own products as well. That might make for an interesting day out if you tell your wife you’re going to buy a sensible Swedish creation but you manage
Should Spyker CEO Victor Muller get his way, the newest addition to SAAB’s automobile range with a new small car inspired by the Swedish firm’s past as the teardrop shaped SAAB 92 model of the 1950s. Muller revealed that his company is in talks with automakers to share technology and a platform for the modern-day
Italian automaker Alfa Romeo have announced that the company has almost finalized the design on the Giulia sedan. The Alfa Romeo Giulia Sedan will be using the base from the Alfa Romeo Giulietta as a stretched version of that particular platform.
Chrysler, one of the two companies that make up Detroit’s Big Three who took the bailout money is not in the same rush GM is to get results. While GM’s CEO Ed Whitacre Jr. is in the center spot of public attention due to his plan to obtain a possible IPO by the end of
Akio Toyoda, president of Toyota Motor Company has recently stated that the scrutiny his company has undergone has been “a good lesson” and it will only be followed by Toyota emerging from this affair stronger than ever. He went even further, to quote an old Japanese proverb which goes something like this “After the rain,
Ford Motor Company’s annual shareholders meeting hosted a very positive speech on the behalf of the company CEO, Alan Mulally. Mulally stated that Ford will have a “solidly” profitable result coming out of 2010 and that 2011 will bring along a “continuing improvement”.
Elon Musk, CEO of Tesla Motors has announced that the company plans to announce in the next several weeks what location it has chosen for a new plant destined to produce its new Tesla Model S sedan. Musk also stated that Tesla is getting 50 to 60 individuals a month with a focus on vehicle
President Barack Obama said that the bailouts that the government funded for the American automotive industry had paid off. The announcement made it to the public via the president’s Web address last Saturday.
According to an announcement made today by Ed Whitacre, CEO of General Motors, the company has payed back the government loans in full today. The sum sent by GM to the US Treasury and Export Development Canada comes to a total of 5.8 billion dollars.
This announcement came as a total surprise and will make the main subject of a special press conference this afternoon. This isn’t all, Luca Cordero di Montezemolo will resign from his position at Fiat SpA but will remain chairman of Ferrari.
We all know Maserati has a great history when it comes to cars and also an ever changing history when it comes to ownership and management. The most recent change in the latter is concerning the company’s Italian headquarters and the job of commercial director in the Modena establishment. Mark McNabb has been Maserati North
