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CEO Krafcik leaves Hyundai, succeded by Zuchowski
Fri, 27 Dec 2013Hyundai Motor America said John Krafcik will step down as CEO at year end, capping a five-year run during which he steered the Hyundai brand to record U.S. sales and market share. Krafcik will be succeeded by Dave Zuchowski, currently Hyundai's executive vice president of U.S.
Ford Shelby GT500 Cobra with 850hp pays tribute to Carroll Shelby
Sat, 18 Aug 2012‘Friends of Carroll Shelby’ pay tribute to the man with an 850hp Ford Shelby GT500 Cobra, finished in Guardsman Blue/Wimbledon White stripe paint. Carroll Shelby – an man who understood performance cars perhaps better than any other American – died in May of this year, aged 89, after a life lived to the full. As a fitting tribute to the man who gave Ford the sort of performance cars they could never have dreamt of building, a very special Ford Shelby GT500 Cobra has been built to remember him by ‘The Friends of Carroll Shelby’.
GM, Chrysler sales fall more than 40 percent; Ford, Honda also slip
Thu, 01 Oct 2009The biggest automakers posted some of the sharpest U.S. sales declines in September as demand dropped to its lowest level since April in the aftermath of the cash-for-clunkers program. The seasonally adjusted annual sales rate was 9.51 million units.