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McLaren tease the New F1 (P12)
Wed, 05 Sep 2012With a debut at the Paris Motor Show on 27th September, McLaren releases the first teaser photo of their new hypercar. We’ve been anticipating the reveal of the new McLaren F1 – the McLaren P12 – for some time, and expected it to appear at Pebble Beach last month. The new car at Pebble Beach turned out to be the McLaren X-1 (although McLaren did take an iPad presentation of the new F1 for the delectation of the privileged few) but now we know for certain that the new McLaren will get its public debut at the 2012 Paris Motor Show.
Chrysler-Fiat deal would spawn new look for U.S. automaker
Mon, 13 Apr 2009As Chrysler LLC negotiates an alliance with Fiat S.p.A. that would satisfy the Obama administration, sources say the companies are discussing a revised ownership structure, a new board and possibly a different management team for Chrysler. Among the options being discussed is a direct role in Chrysler's operations for Fiat CEO Sergio Marchionne--possibly even the chief executive's job.
GM to cut 14% of global salaried workforce this year
Tue, 10 Feb 2009General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.