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Lamborghini shifts R&D focus from more horses to fewer pounds

Lamborghini's drivetrain wizards say they have all the horsepower they need for their super-fast cars. So from here on, performance gains will come from using lighter materials to reduce vehicle weight, instead of from chasing more engine thrust. "It has come to the point where acceleration equals consumption," said Stephan Winkelmann, CEO of the Italian automaker.

Mazda opens new plant in Salamanca, Mexico

Mazda Motor Corp. chairman Takashi Yamanouchi opened the company's new small-car assembly plant in Mexico today, calling it the company's "most important global strategic base." The factory, which will produce up to 230,000 vehicles each year, is a cornerstone of the structural reform plan "upon which the very future of company hinges," Yamanouchi said in remarks prepared for the opening ceremony. "Mazda's Structural Reform Plan, upon which the very future of the company hinges, positions this plant as our most important global strategic base," Yamanouchi said of the factory, which is about three hours northwest of Mexico City in Guanajuato State.

Jaguar Land Rover boss dies (2008)

Geoff Polites, Jaguar Land Rover CEO: 1948-2008 By Gavin Green Motor Industry 21 April 2008 06:53 Geoff Polites, who died yesterday aged 60, will go down as one of the great British car industry bosses. He took over as CEO of Jaguar Land Rover in September 2005, when the Jaguar half of the business was at its lowest ebb. Sales of the lame duck X- and S-types were fast evaporating; Jaguar was consistently failing to hit its financial forecasts; morale was poor.