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Embattled Wagoner forced to quit as GM boss
Mon, 30 Mar 2009By Ben Pulman Motor Industry 30 March 2009 11:34 Rick Wagoner has been forced to step down as General Motors chairman and CEO by US President Barack Obama, as a condition of the beleaguered automaker continuing to receive state aid. Wagoner was meeting with US government officials on Friday when the request was made for him to ‘step aside’. Wagoner had been GM president and CEO since 2000, and chairman since 2003 – his resignation ends a 31-year career with a company.
2014 Range Rover Sport UK price & specifications confirmed
Thu, 25 Apr 2013But as Land Rover has decided they are ready to make the specifications and prices for the new Range Rover official, it seems only fair to do a quick recap, although there’s not much we didn’t cover before. The 2014 Range Rover Sport comes in four trim levels - SE, HSE, HSE Dynamic and Autobiography Dynamic – and a choice of three engines - TDV6 and SDV6 3.0-litre diesel units and supercharged 5.0-litre V8 petrol – although not all engines are available on all trim levels. Equipment levels are decent with even the Range Rover Sport SE getting leather trim, auto lights and wipers, DAB, power tailgate, Stop-Start, Climate, heated front seats, SatNav, air suspension and Terrain Response.
GM financial results
Mon, 10 Nov 2008By Ben Whitworth Motor Industry 10 November 2008 10:07 GM is on the ropes. In an official statement made late Friday night the carmaker said under current market conditions it would run out of cash in the first half of next year. And Ford is not far behind… Hard to believe?