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GM to keep GMC, Pontiac, exec says
Thu, 16 Apr 2009A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac. Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign. "The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.
One-on-one with Ron Dennis, McLaren's boss
Mon, 19 Apr 2010Here are a few stats to wrap your brain around: Since 1966, the year McLaren got into Formula One, 100 Grand Prix teams have come and gone--100! Only Ferrari and McLaren remain. McLaren has won 25 percent of the F1 races it has entered and has been on the podium a whopping 53 percent of the time.
Fuel protests halt Spanish car production
Mon, 16 Jun 2008By Dimitri Pesin Motoring Issues 16 June 2008 10:25 Fuel protests in Europe triggered by the soaring cost of fuel have drastically reduced car production in Spain this month. Last week's truck blockades and fuel depot pickets in Madrid caused car plants around the country to cut production. Seat, Citroen Peugeot, Ford, Nissan, Renault and Mercedes-Benz all have factories in Spain and most said they were affected.Seat production slashed by 40 percentSeat said its main Martorell plant was operating at 40 percent capacity, with production of the Leon and Altea models severely affected. However, the protests won’t delay sales of the new Ibiza, a spokesman promised, and assembly of cars in the factory is expected to return to normal this week.