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KTM halts production of the X-Bow two-seater as inventory grows
Mon, 24 Aug 2009With sales well below expectations and 80 units reportedly unsold, Austrian motorcycle company KTM has temporarily halted production of the ultralight X-Bow two-seat sports car. KTM officials originally expected sales of 1,000 units a year. But that lofty goal is being scaled back to between 200 and 300 units a year.
GM to build Cadillacs outside the U.S.
Tue, 07 Jun 2011General Motors CEO Dan Akerson said Tuesday that the company plans to begin building Cadillacs outside the United States by the end of 2012 as part of its plan to make GM's premium brand a true global nameplate. Akerson said overseas Cadillac production would reduce the risk of foreign-currency fluctuations and allow GM to better manage its supply chain. Although Cadillac long has been sold in China and other international markets, it's produced only in North America.
Alfa Romeo MiTo GTA Concept 2009 – more details
Mon, 23 Feb 2009The Alfa Romeo MiTo GTA Concept - a great looking car. A few days ago we brought you a bit of meat to add to the bones of the Alfa Romeo MiTo GTA Concept, which is the Hot version of the hugely successful MiTo range. Well now Alfa Romeo has given us even more meat, and some extra images, to tease and tantalise.