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GM files plan for stock offering
Wed, 18 Aug 2010General Motors Co., moving to unwind itself from government control, on Wednesday filed plans to go public and begin selling common shares as early as this fall. The filing--anticipated for weeks--came just 13 months after GM was restructured in bankruptcy with $50 billion in direct aid from the U.S. government.
GM bets on new four-cylinder family in Europe; U.S. plans unclear
Wed, 10 Oct 2012General Motors' European subsidiary, Opel, has revealed a turbocharged 1.6-liter four-cylinder direct-injection gasoline engine that will be offered from early 2013 across its lineup, starting with the soon-to-be-revealed Astra-based Cascada convertible. The aluminum block unit, the first in a new range of so-called SIDI (spark ignition direct injection) ECOTEC engines, forms the centerpiece of the company's downsizing strategy for displacement. The engine is claimed to have improved torque characteristics and a significant reduction in consumption compared with its predecessor.
Ford Fiesta Zetec S Red and Black Editions (2014) unveiled
Wed, 18 Jun 2014By Tim Pollard First Official Pictures 18 June 2014 10:07 Ford has a bold claim for its newly invigorated Fiesta Zetec S Red and Black Editions: they have a greater specific power output than a Bugatti Veyron! The downsizing trend continues apace and the new warm-hatch Fiestas are first to get a higher-output version of the 1.0-litre three-cylinder Ecoboost engine, tweaked to 138bhp thanks to variable cam timing, higher turbo boost and direct injection. Ford claims the new Fiesta specials are the most powerful 1.0-litre cars in the world.