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Christopher Reitz joins Riversimple
Mon, 13 Dec 2010Former Alfa Romeo Director of Design, Christopher Reitz, has joined the UK-based open-source car company, Riversimple. In a statement on Riversimple's website, Reitz said: "This really is a step into something different, to design cars that really are the future. Increasingly I have felt that it does not make much sense to move tons of steel around, using a lot of fuel and resources.
Bentley Continental GT V8 unveiled
Mon, 12 Dec 2011Bentley Continental GT V8 - heading for a debut at the 2012 Detroit Auto Show The Bentley Continental GT V8 debut is at the Detroit Auto Show in January, but Bentley has revealed their new V8 in GT and GTCĀ guise this morning. The Bentley Continental GT V8, and for that matter the Continental GTC V8, are Bentley’s nod to the more constrained times in which we are living. Well, constrained is relative, but all car makers need to be seen to be cutting emissions and improving economy now the technology is there to do it.
GM files plan for stock offering
Wed, 18 Aug 2010General Motors Co., moving to unwind itself from government control, on Wednesday filed plans to go public and begin selling common shares as early as this fall. The filing--anticipated for weeks--came just 13 months after GM was restructured in bankruptcy with $50 billion in direct aid from the U.S. government.