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The future for Renault in F1 in 2011 and beyond
Thu, 09 Dec 2010Renault today announces its new sporting division, Renault SportF1. Renault SportF1 will monopolise 25% of the grid by supply three teams engines and technology for 2011. Renault Sport F1 was formed after Renault decided to sell its minority stake in the Renault F1 team to Genii Capita who they will continue to provide technical and engineering expertise to.
Porsche 911 Turbo S Exclusive GB Edition revealed – price from £150,237
Tue, 15 Jul 2014The Porsche 911 Turbo S Exclusive GB Edition – a£150,237 911 Turbo S The Porsche 911 Turbo S Exclusive GB Edition is a £150,237 celebration of 40 years of the 911 Turbo – exclusively for the UK – with some unique styling created by Porsche Exclusive. As a celebration of 40 years of the 911 Turbo, the new special edition for the UK manages to hark back to the original Turbo with its unique styling which includes a gloss black spoiler at the back, 20″ Sport Classic alloys, door handles and mirrors. There’s also a Porsche logo and stripes down the side and privacy glass, with the interior getting black leather and carbon fibre, a GB Edition plaque complete with Union Jack on the glovebox lid, red stitching and red seat belts.
Crunch watch Mar 09: the auto industry in crisis
Tue, 31 Mar 2009By Ben Pulman and Tim Pollard Motor Industry 31 March 2009 13:48 Tuesday 31 March 2009• Porsche said that its earnings before tax rose to €7.3 billion in the six months to the end of January – including a €6.8bn windfall from its VW share options (Financial Times)• Fritz Henderson, GM's president and chief operating officer, will step up to replace Rick Wagoner, who was ousted on Sunday as CEO of General Motors (Financial Times)• President Obama is essentially CEO-in-chief of GM – despite not owning a single cent of stock, says Detroit News commentator (Detroit News)• German chancellor Angela Merkel gives assurances that any would-be investors in GM's European arm will be given state support. Opel is asking for €3.3 billion in aid – and up to 25,000 jobs in Germany depend on it, with up to 300,000 jobs across Europe including Saab and Vauxhall (BBC News)Monday 30 March 2009• General Motors' chief executive Rick Wagoner has been ordered to resign by US president Barack Obama with immediate effect. It's part of Obama's administration's critique of GM and Chrysler's turnaround plans – he's understood to be unhappy with the plans submitted (BBC News)• New GM non-executive chairman Kent Kresa has admitted that at the company's next general meeting it will have 'a majority of new directors' (General Motors)• Chrysler will receive US government aid for the next 30 days, but the Obama administration has said that if the company cannot secure a tie-up with the Fiat Group within that time period it will not receive any more money from the taxpayers and could go into liquidation.
