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Bentley: Best sales since 2008
Sat, 02 Jul 2011Bentley Sales 2011 - best first six months for three years With all the gloom and doom around, from the Greek economy to public sector strikes to Libya, you’d be forgiven for expecting sales of luxury goods to be terrible. But you’d be wrong. The rich of the world are getting richer and, with the rise and rise of new economies, the rich are growing bigger in number at a surprising rate.
GM closes UK Advanced Design Studio
Tue, 09 Aug 2011CDN has learnt that General Motors is closing its UK Advanced Design Studio as part of its ongoing restructuring program. Clay Dean, GM's executive director of advanced global design and Cadillac's brand director, arrived at the studio on 4 August to announce the closure to staff. The UK studio, which opened in 1999, was predominantly involved in the creation of Cadillac concept cars and was originally planned to be a short-term confidential operation as the smallest of GM's design studios.
Fisker lays off majority of staff
Fri, 05 Apr 2013This story originally appeared on Automotive News Fisker Automotive, the plug-in hybrid sports-car maker that has been grappling with financial troubles, laid off about 160 of its more than 200 employees Friday morning. A Fisker source who was among the employees affected said the layoff took place at about 8 a.m. Pacific.