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Shake-up at Tesla; a dozen UK orders
Thu, 16 Oct 2008By Tim Pollard Motor Industry 16 October 2008 11:22 Electric car start-up Tesla is restructuring its US operation and laying off around 100 staff, as the credit crunch continues to make life difficult for car companies big and small. It’s now on its fourth CEO in 12 months, as founder Elon Musk takes over from Ze’ev Drori. In an announcement on the chief exec’s blog, Tesla Motors said it would be ‘cash-flow positive’ within six to nine months – but only by increasing production and cutting operating costs.
Chevrolet Corvette ZR1 (2008): first official pictures
Wed, 02 Jan 2008By Ben Pulman First Official Pictures 02 January 2008 12:15 The Corvette ZR1 is back. Affectionately known by GM as ‘King of the Hill’, this range-topping ‘Vette will be powered by a supercharged 6.2-litre V8. And before you complain about the lack of the 7.0-litre V8 from the Z06, you should know that the ZR1’s forced-induction lump will kick out 620bhp and 607lb ft.
New design boss for Alfa
Thu, 14 Jun 2007By Jack Rix Motor Industry 14 June 2007 11:42 Frank Stephenson, the man credited with designing the new Mini and Fiat's retro 500, has been appointed to head up Alfa Romeo's design centre. He replaces Wolfgang Egger, responsible for the swooping 8C Competizione, who left earlier this year to join Audi. Stephenson joins Alfa at a crucial time, prior to its re-entry into the US market.