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Last C6 Corvette rolls off the line
Fri, 01 Mar 2013All the Chevrolet Corvette talk these days is focused on the 2014 Stingray, the seventh-generation car that arrives this fall. But the C6 era only ended Feb. 28 as the last car rolled off the assembly line in Bowling Green, Ky.
MG6 – A new MG shows at Shanghai
Tue, 21 Apr 2009The new MG6 is unveiled at Shanghai - coming to the UK in 2010 SAIC bought the rights to Rover when Rover fell apart after its sale by BMW for £10. But they didn’t secure all the rights to the ‘Rover’ name, so we won’t be seeing new Rovers by name, but instead we are to get a Rover 75 based MG – the first new MG launch since the ZS and ZT in 2001. Yesterday SAIC unveiled the new MG6, a sport hatchback based on the Rowe 550 (which is itself based on a shortened wheelbase Rover 75) and its destined to come to the UK next year.
Crunch watch Mar 09: the auto industry in crisis
Tue, 31 Mar 2009By Ben Pulman and Tim Pollard Motor Industry 31 March 2009 13:48 Tuesday 31 March 2009• Porsche said that its earnings before tax rose to €7.3 billion in the six months to the end of January – including a €6.8bn windfall from its VW share options (Financial Times)• Fritz Henderson, GM's president and chief operating officer, will step up to replace Rick Wagoner, who was ousted on Sunday as CEO of General Motors (Financial Times)• President Obama is essentially CEO-in-chief of GM – despite not owning a single cent of stock, says Detroit News commentator (Detroit News)• German chancellor Angela Merkel gives assurances that any would-be investors in GM's European arm will be given state support. Opel is asking for €3.3 billion in aid – and up to 25,000 jobs in Germany depend on it, with up to 300,000 jobs across Europe including Saab and Vauxhall (BBC News)Monday 30 March 2009• General Motors' chief executive Rick Wagoner has been ordered to resign by US president Barack Obama with immediate effect. It's part of Obama's administration's critique of GM and Chrysler's turnaround plans – he's understood to be unhappy with the plans submitted (BBC News)• New GM non-executive chairman Kent Kresa has admitted that at the company's next general meeting it will have 'a majority of new directors' (General Motors)• Chrysler will receive US government aid for the next 30 days, but the Obama administration has said that if the company cannot secure a tie-up with the Fiat Group within that time period it will not receive any more money from the taxpayers and could go into liquidation.