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Obama calls for shared sacrifice in auto bailout
Fri, 16 Jan 2009President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.
New Land Rover Discovery Sport leaks ahead of tomorrow’s debut
Tue, 02 Sep 2014First photo of the new Land Rover Discovery Sport The new Land Rover Discovery Sport - the start of a new line of Discovery models that will replace both the current Discovery and Freelander – is due to be revealed tomorrow. But it’s here already. Autoblg.it has jumped the gun and publsihed photos of the new Discover Sport ahead of tomorrow’s reveal, and it looks better than the Discovery Vision Concept did.
Mini to return to the WRC in 2011 with 4x4
Tue, 27 Jul 2010Mini is back in rallying, more than 50 years after it ruled the roost at Monte Carlo and beyond, giving a huge shot in the arm to the World Rally Championship. In typically audacious style BMW has announced it will campaign the Countryman SUV rather than the standard Mini, starting with selected WRC rounds in 2011 followed by the entire 2012 season.It’s also a return to WRC for Banbury-based Prodrive, the outfit behind Subaru’s legendary WRC success, who will develop the car and run the team. Prodrive last campaigned in the 2008 season, and have been developing the Countryman since early 2009.