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Spyker CFO is set to step down in July as Saab raises more cash
Thu, 02 Jun 2011As Saab Automobile struggles to get back on its feet, Spyker Cars NV announced Wednesday that its chief financial officer plans to resign. Hans Go will step down as statutory director of Spyker effective July 1, Spyker said in a statement today. Saab production restarted last Friday after it received financial assistance from its new China partner, Pang Da.
Production of U.S.-spec Lotus Exige and Elise to end in August
Thu, 09 Jun 2011The end is near for production of U.S.-specification versions of the Lotus Elise and Exige sports cars. Lotus said on Thursday that it will pull the models from the United States because the airbags no longer meet safety standards. Rules require cars to have smart airbags, which adjust deployment for the speed of impact.
Chevrolet Corvette chief engineer Zora Arkus-Duntov honored in Russia
Sat, 19 May 2012Belgian-born Zora Arkus-Duntov was the first chief engineer for the Chevrolet Corvette. But he is a new discovery to Russians, even though he lived in St. Petersburg through his teenage years.