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GM's Henderson: Future rests on Chevy, Cadillac, Buick and GMC
Wed, 21 Jan 2009General Motors will go to market with four core brands in the future: Chevrolet, Cadillac, Buick and GMC. Pontiac will be shrunk "significantly," a senior GM executive told the Automotive News World Congress. GM COO Fritz Henderson said that GM is conducting a strategic review of its Saab and Hummer brands and that the "status quo" for the Saturn brand will not work.
Lotus sues Dany Bahar for £2.5 million
Sat, 01 Dec 2012Lotus are suing ousted CEO Dany Bahar for £2.5 million to recover the cost of his expensive lifestyle billed to Lotus. It seems DBR-HiCom, new owners of Proton (which own Lotus), took one look at the mess in Hethel and dumped Bahar, replacing him with engineer Aslam Farikullah to try and re-focus Lotus on its core products and engineering instead of pursuing Bahar’s fantasy of churning out the biggest range of luxury supercars of any car maker on the planet. That ousting led to Bahar issuing proceedings against Lotus for £6.7 million in August for wrongful dismissal (which gives you some idea of Bahar’s estimate of his own worth).
Supercharged Monaro leads VXR upgrades
Thu, 07 Sep 2006By Phil McNamara Motor Industry 07 September 2006 09:07 Vauxhall is throwing heaps more power at its two VXR flagships. The Monaro V8 coupe is being supercharged, by Kent dealer Greens of Rainham. The 6.0-litre unit's peak power and torque jump by 25 percent, for extra rubber-burning getaways and even more mid-range surge.