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D-day for General Motors: GM files for bankruptcy
Tue, 02 Jun 2009By Tim Pollard Motor Industry 02 June 2009 06:57 General Motors today faces the humiliation of collapsing into bankruptcy. It marks the 1 June deadline imposed by US president Barack Obama for the General to sort out its business – or seek protection from creditors in the bankruptcy courts. As we’re all too painfully aware, GM has been unable to perform miracles, triggering one of the greatest industrial collapses seen in American corporate history.
Car manufacturing halted in Japan
Mon, 14 Mar 2011Nissan cars awaiting export wrecked by Tsunami In the wake of the devastating earthquake and Tsunami that struck Japan last week, the domestic car industry has ground to a halt. Honda, Toyota, Nissan and Mitsubishi have all now said they are halting all production until at least Wednesday in order to allow time to address damage, and to allow staff to make contact with family in affected areas. But it’s not just the damage to plants that’s the problem.
McLaren P11 at Nurburgring – launch imminent
Fri, 21 Aug 2009The McLaren P11 has been pounding round the Nurburgring ahead of a launch on 9th September Ahead of the launch of the P11, McLaren are pushing on with testing the P11, and our picture here is of the P11 pounding round the Nurburgring in final testing. The McLaren P11 is the first stage of McLaren’s plans to launch a range of three new cars in the next few years. The P11 is aimed directly at the new Ferrari 458 Italia and the Lamborghini LP560-4.
