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Embattled Wagoner forced to quit as GM boss
Mon, 30 Mar 2009By Ben Pulman Motor Industry 30 March 2009 11:34 Rick Wagoner has been forced to step down as General Motors chairman and CEO by US President Barack Obama, as a condition of the beleaguered automaker continuing to receive state aid. Wagoner was meeting with US government officials on Friday when the request was made for him to ‘step aside’. Wagoner had been GM president and CEO since 2000, and chairman since 2003 – his resignation ends a 31-year career with a company.
Check out the 1,360-hp heart of the Koenigsegg One:1
Tue, 08 Apr 2014The wild Koenigsegg One:1 showed up on our radars late last year before it appeared at the Geneva motor show in March. The latest piece of machinery from company founder--and Michael-Chiklis lookalike--Christian von Koenigsegg delivers one horsepower per kilogram, hence the name. That means 1,360 hp and 737 lb-ft of torque with a 3,000-pound curb weight.
Geneva Show 2014: Third Generation TT Shows Its Face
Wed, 05 Mar 2014AUDI has used the Geneva Motor Show to launch its hotly anticipated third generation TT sports coupe. Visually the car is clearly an evolution of an already winning formula, while under the skin it boasts improved performance and a hi-tech cabin. A crucial model for the German car maker, this latest TT shares many design cues with recently launched models such as the A3.