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Embattled Wagoner forced to quit as GM boss
Mon, 30 Mar 2009By Ben Pulman Motor Industry 30 March 2009 11:34 Rick Wagoner has been forced to step down as General Motors chairman and CEO by US President Barack Obama, as a condition of the beleaguered automaker continuing to receive state aid. Wagoner was meeting with US government officials on Friday when the request was made for him to ‘step aside’. Wagoner had been GM president and CEO since 2000, and chairman since 2003 – his resignation ends a 31-year career with a company.
Hyundai opens new Flagship Showroom
Sun, 14 Oct 2012Hyundai has opened a new flagship showroom in Romford, Essex, boasting the largest showroom of any UK Hyundai dealers. Deep in the heart of south Essex lies a golden triangle – bounded by Romford, Brentwood and Chigwell – where the wildlife sports orange plumage and fluorescent teeth and endless worker ants stream in to the great metropolis down the A12 to earn a crust in their daily grind. What better place to park a thumping great dealership than in the path of Towie money and commuter traffic thought Bill Cook, Director of Hyundai dealers Essex Motor Company.
Spyker Cars to change name, shift focus
Mon, 23 May 2011Spyker Cars is changing its name to Swedish Automobile N.V., and its new Chinese partner, Pang Da, is waiting for authorities to approve the investment in Spyker and Saab. Known for more than a decade as a producer of exclusive muscle cars, Spyker sold off its sports-car business in February to focus on Saab. The company bought the Swedish automaker a year ago when General Motors was on the verge of shutting Saab down.





