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Hyundai lures Toyota's Michael O'Brien to head U.S. product planning
Tue, 29 Jun 2010Hyundai named Michael O'Brien vice president of product and corporate planning--an influential position that has been vacant since John Krafcik became CEO in late 2008, the company announced on Tuesday. O'Brien, 55, spent the last 14 years at Toyota Motor Corp.'s U.S. sales division as a manager within the corporate planning division.
Porsche Macan will sell 75,000 a year
Tue, 11 Sep 2012The Porsche Macan – Porsche’s more compact SUV, based on the Audi Q5 – looks set to sell at a rate of 75,000 cars a year. The new Porsche Macan - the Porsche Cajun as was - already looked set to take Porsche sales to another level with projected sales of 45,000 a year from 2013, but it looks like that ambitious target is going to be exceeded. German weekly WirtschaftsWoche is reporting that Porsche’s procurement boss, Uwe-Karsten Staedter, has put Porsche suppliers on notice that they are expecting to sell 75,000 Macans a year by the end of 2013 – an increase of 2/3rds on the original sales predictions.
Mitsubishi Lancer Evolution X FQ-400 released
Wed, 27 May 2009Mitsubishi has released the fastest Evo in the UK market - the Mitsubishi Lancer Evolution X FQ-400 And now it’s getting really serious. The 2.0 litre, turbocharged MIVEC engine in the FQ-400 will propel this four-door saloon to 60mph in around 3.7 seconds. That’s on a par with a Nisan GT-R, a Ferrari F430 and significantly quicker than an Aston Martin DBS.