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General Motors CEO Rick Wagoner out, replaced by COO Fritz Henderson
Sun, 29 Mar 2009General Motors chairman and CEO Rick Wagoner has agreed to "step aside" after pressure from the Obama administration last week, ending his eight-year tenure at the helm as the company seeks additional federal aid. He's been replaced by GM President and COO Fritz Henderson, effective immediately. GM confirmed the moves shortly after midnight Monday.
Hyundai sets prices for Blue Link telematics
Thu, 09 Jun 2011Hyundai has set annual subscription prices for its Blue Link telematics service, which starts showing up in its cars this summer. Blue Link is a technology embedded in the car. It offers safety services such as automatic crash notification and navigation, remote unlocking and concierge services.
Caterham CSR 175 – Tokyo Catchup
Fri, 23 Oct 2009The CAterham CSR 175 revealed at Tokyo We reported a few weeks ago that with the economic crisis still enveloping car makers round the world the Tokyo Motor Show was going to be almost exclusively domestic. Just Lotus – who brought the limited edition Lotus Scura – and Alpina – who brought the LWB B7 – were expected to be there to represent the rest of the world. But Caterham – inheritors of Colin Chapman’s Lotus 7 heritage – took advantage of some cheap floor space and turned up with a new car – the Caterham CSR 175./p> The CSR is Caterham’s top of the range, and this CSR 175 slots in as the bottom of the top – if that makes sense.