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Ferrari boss Montezemolo says his future is fast cars--and fast trains
Wed, 08 Sep 2010Ferrari S.p.A. Chairman Luca Cordero di Montezemolo has pledged his future to the supercar brand, refuting speculation that he might quit to join Italy's government. “In my future I see fast cars and fast trains--and no politics,” Montezemolo told Automotive News Europe in an interview at Ferrari's headquarters here.
Saab's new 9-3 due in 2012 to set new Saab template
Fri, 04 Jun 2010By Tim Pollard Motor Industry 04 June 2010 10:13 Now the new 9-5 is launched, attention is turning to the next generation of Saabs. Speaking at the 9-5 launch in Trollhättan, Saab bosses told CAR that the new 9-3 would be the first model to bear the true hallmarks of the new independent Saab since the Detroit divorce.GM sold Saab to Dutch entrepreneur Victor Muller's Spyker group in February 2010 for $78 million and an equity swap – meaning that the 9-5 was done and dusted by the time Saab had become independent. Next year's new 9-4X crossover, paired with and built alongside GM's Cadillac SRX and due in April 2011, is also largely finished.
De Tomaso bites the dust – again
Sun, 08 Jul 2012De Tomaso has filed for bankruptcy again after failing to complete any of the deals Gian Mario Rossignolo had claimed would save the brand. De Tomaso has never had a an easy time of things despite building a few cars – well, the De Tomaso Pantera, at least – which had real appeal. After its last bankruptcy, former Fiat executive Gian Mario Rossignolo rode in as a white knight to put De Tomaso back on top – or so we thought.