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2012 Ferrari California revealed ahead of Geneva
Wed, 15 Feb 2012The 2012 California gets more power and less weight The Ferrari California has been given a bit of a facelift for 2012, with lower weight and more power. Debuts at Geneva 2012. Update: We’d expected to see the California go up in price by around £10k, but Ferrari tell us that the new price – £152,086, up from £146,960 – is not related to the California updates but just an annual increase of 3.4 per cent levied from January.
Jaguar C-X75 supercar program halted
Tue, 11 Dec 2012Jaguar has dropped plans to put the C-X75 hybrid-powered supercar into production, according to a report Tuesday by Autocar magazine in the UK. The reason is struggling economies around the world, the magazine said, citing Jaguar brand director Adrian Hallmark. Jaguar planned to launch the C-X75 next year and had partnered with the Williams Formula One team to help develop it.
Whitacre says GM is making progress, could be profitable in 2010
Wed, 06 Jan 2010General Motors Co. could be profitable later in 2010 if it can continue sales momentum and economic conditions even out, CEO Ed Whitacre said on Wednesday. “Certainly we're aimed at profitability as quickly as we can get there,” he said.