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Holden Could Triple Engine Exports
Talking to The Sydney Morning Herald, Innovation Minister Kim Carr has hinted at a new wave opportunites for the Australian automotive industry, as China looks to foster overseas car makers to help with its developing automotive industry. »
GM developing alternatives for global recovery
General Motors is preparing for oil prices as high as $130USD/barrel when the world economy finally recovers by developing more electric cars developing biofuels. »
GM continues with sale of icon marques
In a latest announcement by GM Chief Executive Officer Fritz Henderson, who met today in Detroit with Edward Whitacre Jr., GM’s next chairman, the stricken carmaker has reported that it is ready to meet the bankruptcy court’s timetable to exit Chapter 11. »