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GM to build Cadillacs outside the U.S.
Tue, 07 Jun 2011General Motors CEO Dan Akerson said Tuesday that the company plans to begin building Cadillacs outside the United States by the end of 2012 as part of its plan to make GM's premium brand a true global nameplate. Akerson said overseas Cadillac production would reduce the risk of foreign-currency fluctuations and allow GM to better manage its supply chain. Although Cadillac long has been sold in China and other international markets, it's produced only in North America.
Fisker Automotive begins hiring blitz
Wed, 22 Jun 2011Fisker Automotive will hire 120 workers in the coming months to staff the former General Motors factory in Wilmington, Del., that will build Fisker's next plug-in hybrid sedan, due in 2013. Code-named Project Nina, the future car will join the plug-in Karma sedan in Fisker's lineup as the company expands its portfolio of premium hybrid cars. The Karma is launching this year, and production of the future sedan--expected to be priced at about $39,000 after government incentives--would begin late next year.
Briggs Cunningham's Le Mans Corvette race car found in Florida
Tue, 31 Jul 2012One of three 1960 Chevrolet Corvettes campaigned by Briggs Cunningham at the 24 Hours of Le Mans--a car whose whereabouts have been unknown for more than 30 years--has been found. The car, which wore the No. 1 for the Le Mans race with drivers Cunningham and William Kimberley, will be shown publicly at the Corvettes at Carlisle show in Carlisle, Pa., in late August.