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Scion reveals rear-wheel-drive FR-S concept
Wed, 20 Apr 2011The collaboration between Toyota and Subaru to develop a rear-wheel-drive sports car hasn't been a secret. It's been common knowledge that the car would feature a boxer four-cylinder engine, but there were questions about what badge the Toyota version of the car would wear when it hit the U.S. market.
GM's Henderson says no decision yet on bankruptcy
Fri, 17 Apr 2009General Motors CEO Fritz Henderson said today the company has not decided whether to file for bankruptcy protection, but that preparations continue in case such an action is necessary. "We have until June 1, and if we can't do it between now and June 1 then we do it in bankruptcy," Henderson said during a morning teleconference with journalists. Still in his first month at the helm after the March 30 departure of CEO Rick Wagoner, Henderson said he wasn't sure who would make the decision.
Ford justifies its Vignale sub-brand (video)
Tue, 24 Sep 2013The Ford Mondeo Vignale (pictured). Ford’s first Vignale-badged car Earlier this month, as the Frankfurt Motor Show approached, Ford revealed that it’s going back to a sales tactic they created in the 1970s – badge-engineering their cars with a coachbuilders name to create an upmarket sub-brand. Last time Ford played this game we had almost 30 years for the Ford Ghia, a range of Ford’s mainstream models that had all the toys as standard to try and create an appealing high-end option for buyers.