Proton: DRB-Hicom To Trim Proton’s Fat, Review Lotus Brand

While there will potentially be no layoffs of workers at Proton after the takeover by DRB-Hicom, heads will no doubt roll in upper management and at board meetings. Earlier today, the Business Times reported on DRB-Hicom’s plans for both the Malaysian auto brand and its British subsidiary, Lotus. DRB-Hicom to reduce Proton costs and “cancerous” … Read more

Bruno Senna Grabs Williams Second F1 Race Seat

The battle to secure the remaining seat at Williams F1 has ended. In an announcement late yesterday, Bruno Senna will team up with Pastor Maldonado for the 2012 season. Bruno Senna secures second F1 race seat for Williams The mini battle for the remaining race seat at Williams F1 has concluded. The Grove based team … Read more

Bentley SUV In The Works (2012 Detroit Auto Show)

Bentley’s chaiman and CEO Wolfgang Duerheimer had some interesting details to share with reporters earlier this week at the 2012 North American International Auto show in Detroit: “In China, we were the first time ever in a situation that we could sell more than a thousand cars… We ended it up last year at 1,839 … Read more

Porsche & Volkswagen Compensation Claims Hit $2.3 Billion

Claims against Porsche and Volkswagen which were filed in a German court late last year have reached a staggering 1.8 billion euros ($2.3 billion). The massive claims pileup were filed against the two automakers for allegedly holding back crucial information from shareholders. Brief: Porsche and VW compensation claims reach 1.8 billion euros in German court … Read more

GM Produces Fix For Fiery Chevrolet Volt Battery Packs

General Motors executives had announced late yesterday that they have developed a fix to a design flaw which caused several Chevrolet Volt battery packs to catch fire sometime after government safety tests. Brief: GM announces fix for Chevrolet Volt battery packs which will provide extra safety from catching fire in the event of a collision. … Read more

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