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Who's Where: Ken Ma resigns as Changan Design Vice President
Fri, 20 Jan 2012Ken Ma has resigned as Vice President of Design for Chongqing Changan Automobile Co. after only a year. The former General Motors and SAIC designer's departure is a blow to the Chinese manufacturer's bid to design more distinctive cars to compete more effectively with foreign rivals in China and abroad.
McLaren turns the corner, posts first profits
Wed, 04 Jun 2014By Tim Pollard Motor Industry 04 June 2014 10:48 McLaren Automotive today announced it had broken even for the first time in its brief three-year history, posting a £4.5 million pre-tax profit in 2013. It's great news for the young supercar brand, which until now has lost money every year. McLaren's turnover was £285m, up from £267 in 2012, as it increased production towards its long-term goal of 4000 cars a year.
Some hybrids are not a green as they seem, interest group says
Mon, 18 Jul 2011Car buyers who think they are helping the planet by choosing a hybrid vehicle to aid in cutting emissions don't always get the biggest bang for their buck, according to an environmental interest group. A report from the Union of Concerned Scientists shows that some hybrids come at a much higher price tag than their similarly equipped, conventional-powertrain counterparts, yet offer little in the way of environmental gain. These not-so-green hybrids compromise their value or eco-friendliness in a variety of ways.