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GM's Lutz to retire May 1
Wed, 03 Mar 2010General Motors Vice Chairman Bob Lutz plans to retire from the automaker effective May 1, according to a statement released by GM on Wednesday. Lutz, 78, had been serving as a senior adviser to GM Chairman and CEO Ed Whitacre after shelving retirement plans to take charge of the automaker's marketing after it emerged from bankruptcy in July 2009. An outspoken executive who both challenged global warming and championed GM's all-electric Volt, Lutz is credited with revitalizing GM's product development efforts after being hired by former GM CEO Rick Wagoner in 2001.
Spyker at Salon Prive 2013 with B6 Venator & C8 Aileron – and maybe the Venator Spyder
Wed, 19 Jun 2013The Spyker B6 Venator (pictured) will be at Salon Prive this year Victor Muller rolled out his new plans for Spyker ahead of the Geneva Motor Show this year with the arrival of the very convincing Spyker B6 Venator and typically grandiose plans to build and sell so many Spyker would be back on top. But Victor’s plans didn’t stop there, and by April it was clear that Spyker were also planning on building a Venator Spyder too as Victor’s plans to take on the £100k plus sports car market grew. So with plans to make Spyker a force to be reckoned with, Spyker are off to this year’s garden party with cars – Salon Prive – in September with not just the B6 Venator but also the C8 Aileron.
Aston Martin sales UP in 2013 – new platform being developed
Tue, 29 Apr 2014Aston Martin sales and revenue up in 2013 Aston Martin has revealed its results for 2013 – its centenary year – which show the coolest car brand on the planet managed to increase sales by 11 per cent – to around 4,200 cars – and revenue to £519 million, an increase of 13 per cent over 2012. Aston Martin’s earnings before EBITDA (that’s earnings before interest, taxes, depreciation, and amortization) were up a strong 22 per cent to £84.8 million, demonstrating strong operating profitability, although actual earnings were marginal. But Aston Martin are bullish about the performance, and equally bullish about the future.