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Obama sought Ghosn to run GM, ex-car czar says
Fri, 03 Sep 2010The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.
2011 BMW 5-series: Bavaria's midsize sedan takes cues from bigger 7-series brother
Mon, 23 Nov 2009BMW's appetite for controversial design may have waned since the heights of former design boss Chris Bangle's oft-derided flame surfacing stratagem. But it shows no sign of fading completely, as we see in the first official photographs of the new sixth-generation 5-series, which goes on sale in North America by mid-2010. Codenamed F10, BMW's midsize sedan is restyled and reengineered in a bid to keep it ahead of key rivals such as the recently renewed Mercedes-Benz E-class and the Audi A6.
Rolls Royce at the Paris motor show 2008
Fri, 03 Oct 2008Rolls Royce at the Paris motor show By Mark Walton Motor Shows 03 October 2008 16:11 Nothing much happening at the Rolls Royce stand at Paris. There are three cars lined up: the enormous Phantom (still the Daddy); the vast Drophead (with its yacht-style rear decking); and the gargantuan two-door Coupe(launched at Geneva earlier this year). Hey, Rolls-Royce is a tiny bespoke manufacturer - it doesn't just churn out new models like Toyota does, you know.