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Exclusive: Honda to Close European Design Studios
Mon, 05 Oct 2009In a surprise announcement, Honda has decided to close design operations in Europe, based in Germany. The decision to shut down both the car design and motorcycle design studios of Honda R&D Europe (HRE-G) in Offenbach, near Frankfurt was taken at the end of September and came as a shock announcement to employees. It represents the latest casualty in cuts for the car design community.
Nissan's marketing pays off, so it spends more
Mon, 16 Aug 2010Aggressive incentives and ad spending have helped Nissan North America Inc. rack up a bigger sales gain this year than Asian rivals Toyota, Honda and Hyundai-Kia. Now Nissan plans more of the same.
Chevrolet Camaro ZL1 details leak out
Mon, 24 Oct 2011Details about the high-performance 2012 Chevrolet Camaro ZL1, taken from the dealer ordering guide, are spreading on the Internet courtesy of fans on the Camaro5 message board. Here are some of the highlights: -- The LSA supercharged 6.2-liter V8 will deliver 580 hp and 556 lb-ft of torque on premium fuel. It will connect with a Tremec six-speed manual transmission as standard, while a Hydra-Matic six-speed automatic will be optional.