NASCAR’s VP Of competition has announced a looser and more fun NASCAR this season. In addition to replacing the rear wing with a more stylish rear spoiler (which increases downforce), NASCAR officials state they will leave the extent of bumping and scraping up to the driver’s prerogatives from now on. “We will put it back … Read more
It seems that Peugeot has major plans to increase its visibility in Asia. At a press conference this week, Peugeot’s deputy M.D. Nicolas Werans announced the future plans for its Peugeot brand, including their partnership with Malaysian auto maker Naza. Weran stated that Peugeot planned to utilize Naza’s Malaysian-based plant to produce right-hand drive Peugeots … Read more
General Motors made an official statement earlier today that Ed Whitacre Jr. will remain as CEO of GM in a more permanent position. Ed Whitacre had originally been appointed as interim CEO when Fritz Henderson left back in December of last year. Whitacre stated, “The board of directors asked if I would be willing to … Read more
Ever since Chrysler had joined with Fiat, the company’s future was in safe hands without a doubt. Rumors flew almost immediately about rebadged Chryslers being shipped overseas and being sold as Fiats, and vice versa. However things seem to have changed again. CEO of Fiat/Chrysler Mr Segio Marchionne has put rumors to rest and has … Read more
It was only a matter of time and merger news has finally arrived. The Volkswagen Group, the largest automotive group in Europe, and manufacturer of sports cars Porsche, agreed yesterday during a meeting in Wolfsburg, the integration of both companies into one “automotive consortium.” At the head of the company shall be the chairman of … Read more
US automaker GM announced it would stop development of its new assembly plant in Flint Michigan which was going to be utilized to build their 1.4L Cruze engines and their electric car the Chevy Volt. The news didn’t come as a surprise as the auto giant has been struggling to stay afloat and cutting costs … Read more
