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Temecula, California, US
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Autoweek America Adventure: The search begins
Fri, 28 Oct 2011I sit in a darkened hotel room near the Oregon coast waters. The noise I hear sounds like a loud industrial air-conditioning unit in a marginal, national hotel chain. It could not be further from that: The constant thrum is the crashing of Pacific Ocean waves on the beach, no more than 200 yards outside the hotel room.
Sergio Pininfarina exhibition to open in Maranello
Fri, 12 Oct 2012The late Sergio Pininfarina will be honored in a three-month special exhibition at the Ferrari museum in Maranello, Italy, from 26 October. The ‘Grandi Ferrari di Sergio Pininfarina' – Sergio Pininfarina's great Ferraris – exhibition will feature his classic designs and current Pininfarina evolutions in three halls: Concept Cars, Motorsports and Grand Touring Cars. The Concept Hall will be filled with famous designs such as the Modulo, the P6 and the four-door Pinin concept.
GM officially bankrupt
Mon, 01 Jun 2009GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).