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Ultra rare Ferrari 250 TR up for auction
Sat, 07 Feb 2009Ferrari 250 TR – Expected to sell for a world record price when it is sold by RM Auctions Classic cars is a fascinating game. At the bottom end there’s a huge range of cars from the ’60s and ’70s that can now be considered classics, and which can offer a whole heap of fun and thrills on a budget, particularly if you don’t mind getting your hands dirty. But at the top end it’s a whole different game, and prices are not in thousands of pounds, but millions.
CAR interviews Lambo bosses Stephan Winkelmann and Maurizio Reggiani (2010)
Fri, 16 Apr 2010By Tim Pollard Motor Industry 16 April 2010 09:49 CAR sat recently sat down for a one-to-one interview with Automobili Lamborghini president and chief executive Stephan Winkelmann and R&D director Maurizio Reggiani. The two bosses discuss future plans, what having Porsche as a partner means, the prospect of hybrid Lambos and how they’ve coped with a global recession that’s wiped 40% off their sales.CAR: Supercar makers had a torrid time in the recession. Will you ever recover to the record 2008 levels?Stephan Winkelmann: ‘It’s difficult to imagine that this will be any time soon.
GM's Bob Lutz put off retirement and put life back into a sagging lineup
Mon, 09 Feb 2009Originally published: Sept. 14, 2008 Editor's note: This story comes from 100 Years: How General Motors Changed the World, published by Automotive News to commemorate the 100th anniversary of GM. In 2001, with seven years left to go in General Motors' first century, CEO Rick Wagoner knew that his product lineup badly needed upgrading if the company was going to have a second hundred years.