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Opel not for sale, GM exec says
Wed, 11 Jan 2012General Motors Vice Chairman Steve Girsky says Opel is not for sale. "We're developing plans to make Opel work," he said at the Automotive News World Congress on Tuesday. Opel and PSA/Peugeot-Citroen were mentioned as possible targets of Fiat-Chrysler CEO Sergio Marchionne, who said on Monday he may seek to combine his company with another automaker to increase efficiencies and cut development costs.
Bankruptcy will delay Chrysler's 2010 model launches, exec says
Mon, 04 May 2009Chrysler LLC will be late getting its 2010 vehicles to market because of the automaker's Chapter 11 bankruptcy filing, Chrysler manufacturing chief Frank Ewasyshyn testified today. The current shutdown of plants and stresses on suppliers also threaten to delay the 2011 models next year, Ewasyshyn said. The changeover to 2010 models is delayed while Chrysler tries to emerge from bankruptcy within the next 30 to 60 days, he said.
Ferrari Turns 60...
Tue, 26 Jun 2007By Ben Oliver Motor Shows 26 June 2007 09:52 Happy Birthday to you... Ferrari is celebrating its 60th anniversary with a five-day party at its famous Fiorano test track. More than 1000 Ferraris have descended on Maranello from around the world, including some of the rarest and most valuable road cars.