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GM's Henderson: Corvette's future is secure
Wed, 06 May 2009The future of the Chevrolet Corvette is secure, General Motors CEO Fritz Henderson says, even as GM dramatically slashes its size and costs. In an exclusive interview with AutoWeek, Henderson says that not only is the Corvette's current platform undergoing continual development, but the future seventh-generation car, dubbed the C7, also is on track. He would not specify when the C7 Vette would hit showrooms.
GM to keep GMC, Pontiac, exec says
Thu, 16 Apr 2009A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac. Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign. "The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.
Bajaj RE60
Wed, 04 Jan 2012Bajaj, the Indian manufacturer most famous for its two- and three-wheeled exploits, has now turned its attention to the automotive sector. The RE60 is the end result of a four-year development that first began with partner Renault-Nissan and the Lite concept, before moving solely in-house. The sub-400kg car is powered by a rear mounted engine and was conceived, originally, as a rival to the blighted Tata Nano.