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Daimler to build a fifth Mercedes-Benz model at its Alabama plant
Fri, 21 Oct 2011Daimler AG said it will invest $350 million to produce a fifth Mercedes-Benz model at its factory in Vance, Ala., starting in 2015. The investment will create an additional 400 jobs at the plant. The company did not provide details about the additional vehicle.
McLaren DOESN’T stop production of the MP4-12C to fix problems.
Sat, 08 Oct 2011McLaren MP4-12C problems haven't stopped production The McLaren MP4-12C is McLaren’s first road car in almost twenty years, and it appears that the new 458 competitor from Woking has a few problems. Reports have been cropping up for some weeks that MP4-12C owners have been plagued (well, plagued is harsh) by a raft of problems including a battery drainage issue (something many cars suffer from early on), headlight condensation and glitchy door operation. McLaren are adamant none of the issues affecting the 12C are safety related and it is therefore continuing to build the cars, so although there will be a delay for some new owners in delivery, the issues should cause no long term back log in deliveries.
GM's Henderson says no decision yet on bankruptcy
Fri, 17 Apr 2009General Motors CEO Fritz Henderson said today the company has not decided whether to file for bankruptcy protection, but that preparations continue in case such an action is necessary. "We have until June 1, and if we can't do it between now and June 1 then we do it in bankruptcy," Henderson said during a morning teleconference with journalists. Still in his first month at the helm after the March 30 departure of CEO Rick Wagoner, Henderson said he wasn't sure who would make the decision.