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Banks and Dallenbach ready for Pikes Peak with 1,400 hp
Thu, 09 Aug 2012Not content to rest on his laurels after developing new diesel engines for military applications, Gale Banks and his company Banks Power will run a 1,400-hp, 1,301 lb-ft methanol-fueled vehicle up the now completely paved course at the Pikes Peak Hill Climb, which is scheduled to take place Aug. 8-12. Banks teamed up with Paul Dallenbach and Leonard Arnold of Dallenbach Racing for the occasion.
Jaguar Land Rover to build new £400m Engine Plant in Wolverhampton
Sun, 18 Sep 2011New JLR Engine Plant to be built in Wolverhampton Update 19th September: Jaguar has now confirmed our story, although the cost is expected to be £335 million and the number of new jobs 750. We’d guess the 2,00 jobs we quoted in the original story includes jobs created in the supply chain. Work is expected to start on the new engine plant in early 2012.
Aston Martin make Nissan’s Andy Palmer their new CEO
Tue, 02 Sep 2014Andy Palmer (pictured) is taking the reins at Aston Martin Lagonda Aston Martin has effectively been without a boss since Ulrich Bez stepped down from the role last year, but that changes with the announcement that Andrew Palmer – until now, Chief Planning Officer of Nissan – is to step in to the role. There’s no specific start date for Andy Palmer at Aston, but Nissan has announced that Philippe Klein will take up Palmer’s role at Nissan on 15 September, so it shouldn’t be long before Palmer holds the reins at Aston Martin. But what exactly has persuaded Andy Palmer to jump from a big corporate behemoth like Nissan to a struggling luxury car maker with owners who either want to tug the operating strings (the Kuwaitis) or are looking for a quick return (Investindustrial)?