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CAR interviews new Renault design chief Laurens van den Acker (2009)
Thu, 15 Oct 2009By Guy Bird Motor Industry 15 October 2009 10:29 CAR: How did you get the top design job at Renault? LvdA: From what I’ve been told [outgoing design boss] Patrick le Quément was asked to come up with three candidates, two internal and one external, and somehow I bubbled to the top of the external candidates. I think the criteria included international experience, being relatively young and having a good record.
Honda Jazz Hybrid / Honda Fit Hybrid revealed
Wed, 25 Aug 2010The Honda Jazz Hybrid will debut at the Paris Motor Show Despite not really believing that Hybrid cars are anything other than a stop-gap (if they’re any use at all in small cars) Honda is pushing forward with its hybrid range by dropping the hybrid bits from the Insight in to the Jazz to make the Honda Jazz Hybrid (in the Americas, China and Japan read that as Honda Fit Hybrid). The Honda Jazz Hybrid – which will be revealed at the Paris Motor Show in just over a month – will be the first B-Segment hybrid to hit the market (supermini in English), and its smaller size may help the Insight’s hybrid bits be a bit more fun. But don’t hold your breath.
Bondholders snub GM, bankruptcy filing likely
Wed, 27 May 2009Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.