Thu, 05 Feb 2009
Import brand automakers and dealers warned on Thursday that a vehicle scrappage proposal before the Senate would violate trade agreements and could weaken the economy. The Senate could vote on the plan on Thursday, which would offer $10,000 to any moderate- or low-income consumer who trades in a car or truck that is at least 10 years old and buys a new one that is more fuel-efficient and "assembled in the United States." The trade-ins would be scrapped rather than resold. The U.S.-made mandate "smacks of the protectionism that led to the Great Depression," said Barbara Nocera, the top Washington lobbyist for Mazda North American Operations.
Fri, 16 Apr 2010
By Tim Pollard
Motor Industry
16 April 2010 09:49
CAR sat recently sat down for a one-to-one interview with Automobili Lamborghini president and chief executive Stephan Winkelmann and R&D director Maurizio Reggiani. The two bosses discuss future plans, what having Porsche as a partner means, the prospect of hybrid Lambos and how they’ve coped with a global recession that’s wiped 40% off their sales.CAR: Supercar makers had a torrid time in the recession. Will you ever recover to the record 2008 levels?Stephan Winkelmann: ‘It’s difficult to imagine that this will be any time soon.
Tue, 08 Mar 2011
Porsche has confirmed that its Rennsport Reunion IV, sponsored by Porsche Cars North America, will feature three days of the German marque's historic race-cars at Mazda Raceway Laguna Seca in Monterey, Calif. This is the first time the Rennsport reunion will be held on the West Coast, with Rennsport Reunion IV scheduled for Oct. 14-16, 2011.