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Chrysler, CAW reach tentative contract deal
Fri, 24 Apr 2009The Canadian Auto Workers tentatively agreed tonight to new concessions that will save the struggling automaker $240 million annually and help the carmaker to try to avoid a bankruptcy filing, CAW President Ken Lewenza said at a news conference. In exchange, the CAW got Chrysler and potential partner Fiat SpA to agree to keep its two Chrysler assembly plants open even if bankruptcy is unavoidable, Lewenza said. General Motors and Ford Motor Co., which signed new CAW agreements earlier, have indicated their desire to get the same concessions as those negotiated with Chrysler, Lewenza said.
Ferrari 149M Project for Geneva Motor Show – looks like a California update
Tue, 04 Feb 2014Ferrari Project 149M will be revealed on 12th February 2014 It’s was 2012 when Ferrari updated their entry-level car – the Ferrari California – with less weight, more power and a handling package, and it looks like they’re about to do the same again. Ferrari are trailing a reveal of ‘Project 149M’ for the 12th February – and a reveal at the Geneva Motor Show next month – which, although slightly cryptic sounding, does point firmly to a Ferrari California ‘Modificato’. The California has the internal product code ‘F149′ and Ferrari has a history of producing ‘Modificato’ or ‘M’ versions of their road cars to move the game on – think Ferrari 575M.
Scrappage Kicks in – UK sales improve in June
Mon, 06 Jul 2009The Ford Fiesta was the best selling car in the UK in June The sales figures for June sales have just been released, and the decline in sales is the lowest for a year – down 15.7%. And it’s the Eco cars that are the big winners. Ford was top of the heap with 29,803 sales.