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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.
Driven: Chevrolet Volt
Tue, 21 Sep 2010Meeting the Chevrolet Volt could easily have been an anti-climax. This is a design that ‘feels' nearly four years old — the concept first seen in Detroit in 2007. Together with the online hype surrounding it, and the part it plays in GM's renaissance, the weight of expectation is alarmingly high.
Ferrari 149M Project for Geneva Motor Show – looks like a California update
Tue, 04 Feb 2014Ferrari Project 149M will be revealed on 12th February 2014 It’s was 2012 when Ferrari updated their entry-level car – the Ferrari California – with less weight, more power and a handling package, and it looks like they’re about to do the same again. Ferrari are trailing a reveal of ‘Project 149M’ for the 12th February – and a reveal at the Geneva Motor Show next month – which, although slightly cryptic sounding, does point firmly to a Ferrari California ‘Modificato’. The California has the internal product code ‘F149′ and Ferrari has a history of producing ‘Modificato’ or ‘M’ versions of their road cars to move the game on – think Ferrari 575M.