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GM product chief Bob Lutz to retire
Mon, 09 Feb 2009GM boss Bob Lutz Retires By Ben Whitworth Motor Industry 09 February 2009 17:41 GM boss Bob Lutz will retire at the end of the year. The vice chairman of global product development – who has been at the centre of the automotive industry for the last 46 years – will be replaced by Tom Stephens, GM’s current veepee for global powertrain and global quality. Lutz, 76, will continue to report to GM boss Rick Wagoner throughout 2009 in his new role as GM vice chairman and senior advisor, before bowing out at the end of December.
Norwegian EV maker Think files for bankruptcy
Thu, 23 Jun 2011Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history. "We needed some additional funding and although we had interested investors they were not able to come to the table quickly enough," Think spokesman James Andrew told Automotive News Europe.
2011 Renault Espace Facelift: Price & Details
Mon, 01 Nov 2010The Renault Espace gets tweaked for 2011 The Renault Espace was the car that started the whole ‘People Carrier’ thing, and with ever improving options coming at them from every angle they need to keep the Espace fresh. So although facelift may be a bit strong for the changes Renault has made to the Espace for 2011 – it’s more a case of a quick bit of Botox in its lunch hour – changes there are. If we tell you that the highlight of the facelift is a set of LED running lights you’ll have a fair idea of the extent of the changes for 2011.