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General Motors CEO Rick Wagoner to quit, reports say
Sun, 29 Mar 2009General Motors CEO Rick Wagoner is about to resign after eight years as the Obama administration prepares to decide on the automaker's request for additional government rescue loans, two people familiar with the matter said. A senior Obama administration official told NBC's John Yang that Wagoner, 56, was asked to step down by the White House. The automaker, which has lost about $82 billion since 2004, awaits word Monday from President Obama on a request for as much as $16.6 billion in additional U.S.
Hyundai i40 / Sonata spied
Sun, 23 Aug 2009Spy shot of the front end of the new Hyundai i40 The fact is that Hyundais are rapidly becoming the match of their competitors from Europe and Japan. The build quality is great; the price point is great and they now have some real design flair to them. We reviewed the Hyundai i20 back in January and found it to be a terrific little car.
British manufacturer Atalanta Motors to make comeback
Wed, 03 Sep 2014Ever heard of Atalanta Motors? We wouldn’t be surprised if you hadn’t as the British sports car manufacturer went out of business a long time ago. Owing to the outbreak of World War II, Atalanta Motors shut its doors back in 1939 after making only 21 cars.