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McLaren lock out front row in Australian F1 Grand Prix qualifying
Sat, 17 Mar 2012Lewis Hamilton is on pole with Jenson Button alongside for the 2012 Australian F1 Grand Prix Lewis Hamilton is on pole with Jenson Button alongside for the 2012 Australian F1 Grand Prix after qualifying in Melbourne. Most of the pit lane thought McLaren had got it wrong with their new nose – a sleek nose instead of the stepped one almost all the rest of the field have this year – but as far as the opening qualifying of the 2012 F1 circus they seem to have got it just right. Hamilton set a stunning lap to open final qualifying, with Jenson Button managing to almost match his team mate with a lap just 0.152 seconds behind to make the front row a McLaren lock-out.
Saab seeks court protection from creditors
Wed, 07 Sep 2011Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.
Pontiac G8 may get a second life as the Chevrolet Caprice, Lutz says
Mon, 13 Jul 2009The Pontiac G8 may get a new life as the Chevrolet Caprice. General Motors is studying the feasibility of reusing the rear-wheel-drive performance sedan for law enforcement and the general public, vice chairman Bob Lutz said in an online chat Monday. “The G8 has finally been discovered by a broader percentage of the buying public,” Lutz said on GM's FastLane blog.