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Whitacre named General Motors' permanent CEO
Mon, 25 Jan 2010Ed Whitacre, General Motors Co.'s chairman, will become the automaker's permanent CEO, it was announced on Monday. In a brief press conference, Whitacre, 68, said GM plans to pay back government loans to the U.S. and Canada by June.
Embattled Wagoner forced to quit as GM boss
Mon, 30 Mar 2009By Ben Pulman Motor Industry 30 March 2009 11:34 Rick Wagoner has been forced to step down as General Motors chairman and CEO by US President Barack Obama, as a condition of the beleaguered automaker continuing to receive state aid. Wagoner was meeting with US government officials on Friday when the request was made for him to ‘step aside’. Wagoner had been GM president and CEO since 2000, and chairman since 2003 – his resignation ends a 31-year career with a company.
BMW 7-series facelift (2012) first pictures
Mon, 28 May 2012BMW has given the 7-series the mildest of mid-life facelifts for 2012 – with a series of cosmetic tidy-ups, fettled engines, extra kit and the UK's first hybrid 7-series. The ActiveHybrid7 isn't the most expensive 7-series (that's the 760Li at £101,805), but at £66,040 the petrol-electric saloon is some £8k pricier than the biggest-selling 730d. As the diesel is also cleaner and more economical, we suspect the hybrid Seven will remain a niche seller over here.