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Former GM exec Joel Ewanick joins Fisker
Tue, 27 Nov 2012Fisker Automotive has hired ousted General Motors' global marketing boss Joel Ewanick to be interim chief of global sales and marketing for the maker of luxury plug-in hybrids. Ewanick, 52, will replace industry veteran Richard Beattie, 58, who announced his retirement Monday, Fisker spokesman Roger Ormisher said. Ewanick has been working with Fisker as a marketing consultant for at least six weeks and will fill Beattie's role until a full-time replacement is named, Ormisher said.
Carroll Shelby: 1923-2012
Sat, 12 May 2012Carroll Shelby Car racer, car maker and all round car legend, Carroll Shelby has died in Dallas at the age of 89 after a life lived to the full. We have but one life and it’s our duty to live it the best we can. Carroll Shelby certainly did that.
GM posts $7.6 billion profit for 2011
Thu, 16 Feb 2012General Motors on Thursday posted a $7.6 billion profit for 2011, while recording its smallest quarterly profit of the year in the fourth quarter. Net income for the October-through-December period fell 7 percent from the year-earlier period to $472 million, as a $562 million loss in Europe--the steepest of the year there--weighed on the automaker's bottom line. North American earnings nearly doubled.