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GM seeks $16 billion more in U.S. help
Tue, 17 Feb 2009GM asked the federal government on Tuesday for as much as $16.6 billion in additional federal aid to help it survive. Without the new funding, the automaker could run out of money sometime in March. Under the plan submitted to the U.S.
Fuel-economy standards rise to 27.3 mpg for 2011 model year
Fri, 27 Mar 2009Fuel-economy standards for all light vehicles will rise 8 percent, to an average of 27.3 mpg for the 2011 model year, under new U.S. rules issued on Friday. The regulations will use a new system that sets standards for individual models based on their size.
Hyundai beefs up its WRC team
Wed, 10 Apr 2013Hyundai revealed last year that they’re preparing to take on the World Rally Championship (WRC) from 2014 when a rally car based on the i20 will take to the world rally stage to cast some sport fairy dust on Hyundai’s showroom cars. At that time we had little information about the team, but in January we learnt that Hyundai had appointed Michel Nandan to head up their WRC efforts, a good move as Nandon was the technical director for the Peugeot WRC team until 2005, so he knows his stuff. Now we learn that Hyundai is beefing up its WRC team as it prepares for a full season of WRC in 2014.