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Concept Car of the Week: AMC AMX/2 (1969)
Fri, 18 Jan 2013Like Detroit's Big Three, AMC rapidly understood the importance of the youth market after the success of the Ford Mustang. In the late 60s, the design team produced a series of "Think Young" concept cars to reach the younger audience as well as exciting new showroom offerings like the Mustang-inspired Javelin, the two-seater AMX and the Rambler. Presented at the 1969 Chicago auto show, the second opus of the American Motors Experimental series, the AMX/2 was not just AMC's most daring concept car ever, but one of Detroit's first acknowledgments that the future of high-performance sports cars would be mid-engined.
Mercedes sacks U.S. boss Ernst Lieb
Tue, 18 Oct 2011Mercedes boss Ernst Lieb let go In a surprising move, Mercedes has upset its apple cart in America by sacking its CEO, Ernst Lieb. It’s hard to work out why Leib has been given the heave-ho, especially considering Mercedes USA is riding high at the moment on the back of strong sales and well-received models in the U.S. Under Lieb’s leadership Mercedes has enjoyed sales up 10.4 per cent for this year, a performance that is outstripping the market as a whole.
GM tipped to buy Tesla in 2014 - report
Tue, 31 Dec 2013Tesla Motors Tesla has made a real splash in the electric-car scene, so it should come as no surprise that its success is generating renewed interest in the fledgling start-up. New media reports in the US suggest that one of America's biggest car makers, General Motors, is considering buying Tesla in 2014. Veteran auto industry analyst Yra Harris, of Praxis Trading, told CNBC that GM may make a bid for Elon Musk's electric vehicle (EV) specialist in the coming months.