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GM’s Henderson offers a ray of hope for Sky, Solstice
Mon, 11 May 2009There appears to be a slight glimmer of hope for fans of the Saturn Sky and the Pontiac Solstice. CEO Fritz Henderson said that General Motors would be willing to sell its Wilmington, Del., plant, which builds the Sky and the Solstice--two eye-catching performance cars--if a buyer specifically wanted those niche products, similar to what Chrysler offered with its Dodge Viper business.
Jaguar Land Rover profits up 34 per cent to £1.5 billion
Tue, 29 May 2012Just four years after Tata took over what looked like a basket case in Jaguar Land Rover, profits have hit £1.5 billion. It’s become the norm for Jaguar Land Rover to report ever improving profits and sales, but the news that JLR made profits of £1.5 billion in the year to end of March 2012 is still amazing. Ford sold Jaguar and Land Rover to Tata four years ago as it unwound its faltering luxury car brands, and as recently as 2009 JLR were almost begging for government help to keep going.
Hyundai moving beyond 'value' brand reputation
Wed, 11 Jan 2012Hyundai's U.S. boss says the brand is changing from a "value" brand into a "valuable" brand. John Krafcik, CEO of Hyundai Motor America, said the brand is quickly shedding its roots as a purveyor of new cars for used-car prices and becoming a major player in the global industry.