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Fort Erie, ON, CA
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Bankruptcy will delay Chrysler's 2010 model launches, exec says
Mon, 04 May 2009Chrysler LLC will be late getting its 2010 vehicles to market because of the automaker's Chapter 11 bankruptcy filing, Chrysler manufacturing chief Frank Ewasyshyn testified today. The current shutdown of plants and stresses on suppliers also threaten to delay the 2011 models next year, Ewasyshyn said. The changeover to 2010 models is delayed while Chrysler tries to emerge from bankruptcy within the next 30 to 60 days, he said.
Subaru Rally Team driver David Higgins crushes Mt. Washington Hill Climb record
Tue, 28 Jun 2011It's the season of the hill climb, those few months of the year when even the tallest mountains shed their snowcaps and open up for all manner of driver and race car. There's the Spectre 341 Challenge in Nevada, Pikes Peak in Colorado and the Mt. Washington Hill Climb in New Hampshire, which just had its 13-year-old record smashed by Subaru Rally Team driver David Higgins.
McLaren P1 Track confirmed as McLaren Automotive goes in to profit
Wed, 04 Jun 2014McLaren are building a track version of the P1 (pictured) for P1 customers only It’s only three years since McLaren Automotive entered the hugely competitive market for high-end supercars (well, it’s four years, but only three since the first 12C went to a customer), but it’s already in profit. McLaren made an operating profit in 2013 of £12.4 million (and a pre-tax of £4.4 million) on sales of £284.4 million and did so – as predicted – by hitting their sales targets – McLaren sold 1359 12Cs and 36 of the McLaren P1 hypercar. And that looks to be just the start.