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Mercedes to build C-class in Alabama
Wed, 02 Dec 2009Mercedes-Benz will add production of C-class sedans to its plant near Tuscaloosa, Ala., starting in 2014. Daimler AG Chairman Dieter Zetsche, who participated in the creation of the Alabama plant project as a fast-rising executive in 1993, said in a statement released Wednesday from Stuttgart that the U.S. operation will take over about one-fifth of the model’s global production.
Ferrari plans 458 Scuderia, new 599 and Enzo
Tue, 09 Aug 2011Ferrari is planning a range of new cars to rejuvenate its sports car family - including a new 458 Scuderia, a replacement 599 GTB and a hypercar to replace the Enzo. A report by respected automotive industry journal Automotive News today published a detailed timeline of the new car launches planned by Maranello: 458 Spider Launched at the 2011 Frankfurt motor show, retractable hard top. European sales in autumn 2011 458 Scuderia Coming in 2013, following recipe of 430 Scuderia.
General Motors CEO Rick Wagoner to quit, reports say
Sun, 29 Mar 2009General Motors CEO Rick Wagoner is about to resign after eight years as the Obama administration prepares to decide on the automaker's request for additional government rescue loans, two people familiar with the matter said. A senior Obama administration official told NBC's John Yang that Wagoner, 56, was asked to step down by the White House. The automaker, which has lost about $82 billion since 2004, awaits word Monday from President Obama on a request for as much as $16.6 billion in additional U.S.