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Pompano Beach, Florida, US
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Pagani adds roadster to Zonda Cinque supercar lineup
Mon, 20 Jul 2009Pagani is rounding out the lineup of the Zonda Cinque with a roadster that's just as light and powerful as its fixed-roof sibling. The roadster's top is stored under the hood, and the carbon-titanium chassis has been redesigned to compensate for the open-air configuration. Thankfully, the motor remains the same: a Mercedes-Benz AMG powerplant that makes 678 hp and 575 lb-ft of torque.
Crunch watch Mar 09: the auto industry in crisis
Tue, 31 Mar 2009By Ben Pulman and Tim Pollard Motor Industry 31 March 2009 13:48 Tuesday 31 March 2009• Porsche said that its earnings before tax rose to €7.3 billion in the six months to the end of January – including a €6.8bn windfall from its VW share options (Financial Times)• Fritz Henderson, GM's president and chief operating officer, will step up to replace Rick Wagoner, who was ousted on Sunday as CEO of General Motors (Financial Times)• President Obama is essentially CEO-in-chief of GM – despite not owning a single cent of stock, says Detroit News commentator (Detroit News)• German chancellor Angela Merkel gives assurances that any would-be investors in GM's European arm will be given state support. Opel is asking for €3.3 billion in aid – and up to 25,000 jobs in Germany depend on it, with up to 300,000 jobs across Europe including Saab and Vauxhall (BBC News)Monday 30 March 2009• General Motors' chief executive Rick Wagoner has been ordered to resign by US president Barack Obama with immediate effect. It's part of Obama's administration's critique of GM and Chrysler's turnaround plans – he's understood to be unhappy with the plans submitted (BBC News)• New GM non-executive chairman Kent Kresa has admitted that at the company's next general meeting it will have 'a majority of new directors' (General Motors)• Chrysler will receive US government aid for the next 30 days, but the Obama administration has said that if the company cannot secure a tie-up with the Fiat Group within that time period it will not receive any more money from the taxpayers and could go into liquidation.
Autonomous cars on British roads by January 2015 – Vince Cable
Wed, 30 Jul 2014By Tim Pollard Motor Industry 30 July 2014 09:18 The British government today announced new laws to allow autonomous cars on UK roads by 2015, prompting a review of the Highway Code and new legal measures to make sure driverless cars comply with current motoring law. Business secretary Vince Cable attended an event at the motor industry test facility at MIRA in the Midlands to unveil the measures, which include a £10 million regional fund for cities to apply to become a driverless car test area. Up to three cities will be selected to share the funding for trials that are expected to last between 18-36 months.