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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.
Why the Stingray's $52K sticker should come with an asterisk
Tue, 30 Apr 2013General Motors resisted the urge to jack up the price on the 2014 Corvette Stingray, despite major enhancements on the seventh-generation sports car. The $51,995* sticker for the coupe, which is expected to hit showrooms by September, is just 1,400 bucks more than the current model, even with its more powerful engine, better fuel economy and vastly improved interior. Why the asterisk?
Confirmed: Kia’s new GT super coupe
Sun, 03 Nov 2013Back in 2011 Kia’s Frankfurt show car was the inspiring GT Concept. Now we can report, directly from Korea, that Kia management intends to bring that concept to a street near you in two years. Kia is on something of a roll, with a portfolio of good-looking models built under the design guidance of German Peter Schreyer, the guy behind the original Audi TT.