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Currency chills U.S.-made Audi
Mon, 28 Jun 2010Audi has put on ice the option of manufacturing in the United States because of the euro's recent slide against the dollar. The decision against U.S. production means Audi, unlike sister division Volkswagen, isn't ready to design a car primarily for the United States.
UK car production hits six-year high
Thu, 23 Jan 2014The British car industry continued to boom in 2013, with production topping the 1.5 million unit barrier thanks to a resurgent Toyota, Jaguar and Land Rover. It means that last year, a car was built in the UK every 20 seconds! 20 reasons why the British car industry is booming UK car sales reach six-year high 1,509,762 cars produced was a 3.1% rise on 2013 – and, in further good news for Britain, it was revealed that 79.6% of them, or 1,201,395 cars, were exported to overseas markets.
Day 59 and counting for General Motors: Fritz says it like it is
Tue, 31 Mar 2009With less than two months remaining to determine its fate, newly christened General Motors CEO Fritz Henderson held a press conference Tuesday to show Wall Street and Washington that the buck stops with him. He did a creditable job. No, he did not remind viewers of Alexander Haig so much as he played the part of confident commander in charge.