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Electronics is the Buzzword in Las Vegas
Fri, 07 Jan 2011So there we were in a 2012 Focus parked in the HD radio booth getting a demo of the many fine features available to HD radio owners, when who should pop his furry red head into the window? It was none other than Ford CEO Alan Mulally. And the Blue Oval boss wasted no time immediately trying to sell the HD radio engineer sitting in the car on a shiny new a Ford.
Viper sports car division no longer for sale
Mon, 13 Jul 2009By Ben Whitworth Motor Industry 13 July 2009 14:08 Viper’s yo-yoing lifeline looks to be finally secured after ailing parent company Chrysler said the sports car maker was no longer for sale. Rather than killing off its muscle-bound brand, last summer Cerberus-run Chrysler considered selling off the rights to the Viper, hoping to achieve around $10m for the Detroit assembly plant and brand equity to bolster its dwindling cash reserves and stave off imminent bankruptcy. After an initial surge of interest from similar-minded companies like Roush and Saleen, curiosity nosedived along with the global economy.
Lotus CEO Mike Kimberley to step down on Friday, citing health issues
Wed, 15 Jul 2009Lotus CEO Mike Kimberley is stepping down on Friday, as back problems are forcing him to prematurely call it a career. Kimberley will turn 71 in August. He's in his second stint at Lotus and has been CEO since 2006.