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Obama sought Ghosn to run GM, ex-car czar says
Fri, 03 Sep 2010The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.
Nissan LEAF reversing record on video
Tue, 03 Jul 2012The Nissan LEAF EV broke the record for the fastest reversing over a mile at this weekend’s Goodwood Festival of Speed and we have it on video. Last week we reported that as part of its ‘Big Turn On ‘ campaign to get the world ‘switched on’ to electric cars Nissan were going to have a crack at the world record for going backwards for a mile in a car at the Goodwood Festival of Speed. Which they did.
Maserati Gran Cabrio Sport (2011): first pictures
Mon, 21 Feb 2011Another Geneva motor show, another Maserati variant. Maser has released details of the new Grancabrio Sport, a go-faster version of the 2009 Grancabrio drop-top GT. Too right!