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New Mercedes SL (2012) caught on video
Thu, 11 Aug 2011New Mercedes SL 2012 - out Near the Nurburgring We go eight months without a single story on the 2012 Mercedes SL and then two turn up at once. First Mercedes quietly drop the V12 engine from the SL (SL600 and SL63), and now we have video of the new SL on its way to, and on its way round, the Nurburgring. All of which may point towards a reveal earlier than we expected.
News watch December 2010: today's auto industry news
Sun, 31 Oct 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 31 December 2010• A judge in Manhattan has dismissed two lawsuits from hedge funds claiming for $2bn losses when it bought VW shares in 2008. Elliott Associates LP, Black Diamond Offshore and 39 other funds filed a complaint, claiming Porsche misled short-sellers who hadn't realised that Porsche had cornered the market in VW shares (Automotive News)Thursday 30 December 2010• Volvo plans to hire an extra 200 staff as it claims demand for its cars is rising.
New GM Europe chief's plans for Opel/Vauxhall
Mon, 07 Dec 2009Nick Reilly speaks out on the future of GM Europe By Richard Webber Motor Industry 07 December 2009 13:54 Following General Motors' back-track on a buy-out from Magna in November 2009, the company's president of international operations Nick Reilly was appointed interim head of GM Europe. Now he's been made the permanent CEO of Vauxhall and Opel, making him the man charged with guiding GM's European division back to profitability.GM has big plans for Opel and Vauxhall, but has made no secret that there will be widespread pain and change before the good times return. The turnaround plan is nearing completion and it's expected there will be around 8300 redundancies, spread around Europe.