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Williams & Renault back together in F1
Tue, 05 Jul 2011Williams Renault F1 - Sir Frank Williams and Renaultsport's Bernard Rey For those of us who enjoy F1 (on the whole – although races like Canada rather than Valencia, it as to be said) but are very slightly past the first flush of youth, it’s rather sad to see Williams languishing in the ranks of also-rans on this year’s grid. With one of the greatest race-brains in Sir Frank Williams, and still one of the best F1 drivers in Rubens Barrichello, it would be great to see Williams at least running with the second tier of cars. But this season so far they have amassed just 4 points.
Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection
Mon, 01 Sep 2014Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection Just a few weeks ago we reported that Saab and its new owner National Electric Vehicles Sweden (NEVS) were once again up against it with an unpaid supplier filing for bankruptcy. Since the, Saab has been thrown a lifeline by the Swedish courts, and a big kick in the teeth by Saab AB. NEVS right to use the Saab name (although not the Griffin logo) was granted by the owners – the defence firm Saab AB – but in light of NEVS financial predicament that right has been withdrawn.
Obama sought Ghosn to run GM, ex-car czar says
Fri, 03 Sep 2010The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.