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UAW: GM, Chrysler may not need additional federal funds
Tue, 06 Jan 2009UAW President Ron Gettelfinger said today that General Motors and Chrysler LLC may not need additional federal loans beyond the $17.4 billion approved by the White House. "If we can get by without more money, that's what we want to do," Gettelfinger told Automotive News in an interview at Solidarity House in Detroit. He said how well the money holds out will depend on sales volume this year.
Audi Q2 at Paris Motor Show?
Thu, 14 Jun 2012The growing range of SUVs from Audi looks set to continue with the launch of the Audi Q2 at this year’s Paris Motor Show. It’s no secret that Audi is on a mission to fill every conceivable car niche you can imagine, and a big part of that plan is to introduce more SUVs in the Audi ‘Q’ range. This time last year we reported that Audi looks set to introduce the Q1, Q2, Q4 and Q6 in the coming years, with all but the Q1 set to be ‘Coupe SUVs’ aimed at style conscious buyers.
Two top Ford execs to retire
Thu, 09 Feb 2012Two top Ford Motor Co. executives, CFO Lewis Booth and global product development chief Derrick Kuzak-- both key architects of the automaker's recovery--will retire on April 1, the automaker said Thursday. Booth, 63, will be succeeded by Bob Shanks, Ford's vice president and controller.