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Ram 1500 EcoDiesels are selling like hotcakes so far
Wed, 19 Feb 2014We've been anticipating the arrival of the Ram 1500 EcoDiesel -- and speculating about what it means for the pickup market -- for months. On paper, the truck seems to make perfect sense: The 3.0-liter V6 in the 1500 EcoDiesel returns 23 mpg combined (20 city/28 highway) while producing 240 hp and 420 lb-ft of torque. After taking it for a spin, the $30,465 base price didn't seem too bad, either.
Fernandes confirms Team Lotus-Caterham deal
Wed, 27 Apr 2011Tony Fernandes has officially confirmed that Team Lotus Enterprises has taken over tiny British sports-car maker Caterham Cars. Named after the London suburb where it was founded, Caterham bought the rights to the Lotus Seven design in 1973 and has been exploiting it ever since with increasingly sophisticated models that stay true to the original concept. The company is now based in Dartford, close to the Brands Hatch race circuit.
Saturn alerts customers it is considering a spinoff
Thu, 19 Feb 2009Saturn has begun alerting customers that it may be spun off by General Motors as an independent marketing and distribution company. In a letter sent to about 1.5 million Saturn owners Wednesday night, Saturn said it would have to line up products to sell--either from other manufacturers or from GM in the role of a vendor--after GM's current commitment to build Saturn products ends after the 2012 model year. "The Saturn Distribution Corporation already exists as an indirect subsidiary of GM," wrote Jill Lajdziak, general manager of Saturn, in the letter.