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Pagani C9: the tease begins despite problems at Pagani
Thu, 30 Dec 2010Pagani C9 - the tease begins despite production problems As teasers for a new car go, the video tease at the bottom for the Zonda’s replacement – internal codename Pagani C9 – is about as obscure as anything we’ve had from any car maker. Although logically it’s only a step on from bizarre camera angles of minute detail, something we see regularly. This odd little video came across our radar yesterday when Harry Metcalfe – he of Evo founding fame – posted a link to a new website set up by an Italian web marketing company showing the video below.
Alfa Romeo MiTo GTA – the end?
Wed, 22 Jul 2009Alfa Romeo MiTo GTA - are Alfa going to make it? But are Alfa really going to can the MiTo GTA? Hard to say, but for us it seems highly unlikely.
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.