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Harley-Davidson to shutter Buell motorcycle brand, will sell Italian division
Thu, 15 Oct 2009Harley-Davidson is axing two notable brands as it refocuses on its core business. The iconic American motorcycle producer said on Thursday that it will kill the 26-year-old Buell brand and will sell recently acquired Italian motorcycle company MV Agusta. The announcement came as Harley revealed its third-quarter financial results, which saw its earnings and sales slip as it deals with the global economic conditions.
Australia's Holden to cease production after 2017, GM says
Wed, 11 Dec 2013General Motors, in the latest blow to Australia's auto industry, will end vehicle and engine manufacturing and scale back engineering operations in the country by the end of 2017. The company's Holden unit, a mainstay in Australia for decades, cited the high cost of manufacturing in one of the world's smallest but most competitive markets and one that has also been upended by a steady rise in imports, mostly from southeast Asia. There has been widespread speculation of the move in recent days and earlier Tuesday, in Australia, GM officials said no decision had been made.
Ford Focus ECOnetic
Tue, 28 Aug 2007By Ben Barry Motoring Issues 28 August 2007 04:52 Car manufacturers will be tripping over themselves to look leaner and greener at next month’s Frankfurt Motor Show. Today Ford throws its hat into the ring with the Focus ECOnetic. Usually when a car manufacturer announces lowered suspension and an aerodynamics kit for its medium-sized hatchback, it goes hand-in-hand with extra power and a GTi badge.