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Caterham planning SUV & City car
Fri, 05 Jul 2013It’s not just an Alpine Sports car (pictured) that Caterham will sell – it’s an SUV & City car too We already know that Caterham and Renault are working together to build a new sports car to be marketed as both a Caterham and an Alpine. But there’s already more in development. When we revealed the joint venture between Caterham and Alpine/Renault it was clear that Caterham wanted to develop a broad range of cars with Renault, and now Caterham boss Tony Fernandez has revealed to Reuters there’s a Caterham SUV and Caterham City car in development.
Senate releases $350 billion more in bailout money
Fri, 16 Jan 2009The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.
Chevy Volt, other key GM vehicles remain on track, new product boss says
Thu, 07 May 2009The Chevrolet Volt remains on track to hit the market in late 2010--and General Motors is still going to invest in developing key products--despite its financial troubles, a top executive said Thursday. The Volt and other new GM vehicles, such as the Cadillac SRX, the Buick LaCrosse and the Chevy Equinox, remain top priorities--even though the company lost $6 billion in the first quarter of this year and is surviving on government loans. "Great cars and trucks are the only thing.



