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From 'Made in China' to 'Designed in China'
Thu, 27 May 2010Visitors to the recent Auto China in Beijing may have noticed an impressive new Chinese sports car – called Aculeus – on one of the smaller exhibitor stands. The concept car is the latest project undertaken by CH-Auto Technology Corporation – one of a growing number of automotive R&D service companies based in China that provides support to the OEMs. The company was established in August 2003 by Lu Qun, an engineer who originally trained at Tsinghua University and later specialized in engine development testing.
CAR journalist wins top award
Fri, 21 Dec 2007By Ben Pulman Motor Industry 21 December 2007 08:42 CAR's associate editor Tim Pollard has won the industry's Journalist of the Year award 2007. He scooped the prestigious gong at the annual Guild of Motoring Writers awards ceremony at the RAC Club in London for his magazine scoop on the McLaren P11 (the cover story of CAR October 2007). The judges praised Pollard's investigative journalism, which uncovered a dossier of facts, sketches and details of the new junior supercar from the Woking road car and racing specialist.
Former General Motors CEO nets multimillion-dollar retirement package
Wed, 15 Jul 2009Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. The deal is significantly lower than what he could have received; it would have been $23 million at the end of last year, Reuters reports.