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Mitsubishi to kill current U.S.-made lineup, bring in new platform
Thu, 20 Jan 2011Mitsubishi Motors Corp. plans to kill its current lineup of U.S.-made vehicles, including the Eclipse sporty car and Endeavor crossover, over the next three years and switch to producing global vehicles at its Illinois plant, partly to target export markets. The current nameplates will be phased out by 2014 as part of the carmaker's “Jump 2013” mid-term business plan unveiled Thursday by president Osamu Masuko.
McLaren F1: Ron Dennis considered building more orginal F1s to rake in cash
Sun, 18 Mar 2012McLaren F1 - Ron Dennis mulled producing more cars McLaren boss Ron Dennis has confessed he considered cashing in on the current price of the original McLaren F1 by building more. The price of an original McLaren F1 is nothing short of stratospheric. Prices of £3 million, £4 million and more have been paid for one of the 64 F1 cars McLaren made in the 1990s.
$5 billion competition on to replace Humvee
Mon, 04 Jun 2012Competition is heating up to win a contract for a vehicle that will replace nearly 18,500 aging military Humvees for the U.S. Army and Marine Corps starting in 2015. Six proposals are in play, with little time left before federal contracting officials decide on development of the $5 billion-plus program.