— BROOKLYN, Mich. The impact of the struggling automobile industry crept closer to the top level of stock car racing Friday when General Motors announced it will trim support of all three major levels of NASCAR, including the Sprint Cup Series.
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Maserati Automotive Wiki
Maserati / 44.649422; 10.939636 Maserati S.p.A. Type Public Founded 1 December 1914 Bologna Headquarters Modena, Italy Key people Sergio Marchionne (Chairman) Harald Wester (CEO) Industry Automotive Revenue ▲ € 825 million (2008) Employees 695 (2007) Parent Fiat S.p.A. Website Maserati.com Maserati is an Italian manufacturer of racing cars and sports cars, established on December 1, 1914, in Bologna. The company's headquarters are now in Modena, and its emblem is a trident. It has been owned by the Italian car giant Fiat S.p.A. since 1993. Inside the Fiat Group, Maserati was initially associated with Ferrari S.p.A., but more recently it has become part of the sports car group including Alfa Romeo. // History The Maserati brothers, Alfieri, Bindo, ...
Lexus Automotive Wiki
Lexus Type Division Founded 1989 Founder(s) Eiji Toyoda Headquarters Toyota, Aichi, Japan Area served Worldwide Key people Yasuhiko Ichihashi (CO) Vince Socco (VP, Asia Pacific) Andy Pfeiffenberger (VP, EU) Mark Templin (VP, USA) Industry Automotive industry Products Automobiles Parent Toyota Motor Corporation Divisions F marque Website Lexus.com Lexus.eu Lexus.jp Lexus (レクサス, Rekusasu?) is the luxury vehicle division of Japanese automaker Toyota Motor Corporation. First introduced in 1989 in the United States, where Lexus has ranked as the highest-selling maker of luxury cars, as of 2006 Lexus vehicles are sold in 68 countries and territories worldwide. In 2005, the division launched in Japan, becoming the first Japanese luxury car marque to be introduced in its home market. The Lexus marque has since debuted in additional export markets as part ...
Jaguar Automotive Wiki
Jaguar Cars Jaguar Cars, Ltd. Type Subsidiary Founded 1922 Founder(s) Sir William Lyons Headquarters Coventry, England Key people Ratan Tata, Chairman David Smith, CEO Mike O'Driscoll, Managing Director Industry Automotive Products Automobiles Owner(s) Tata Motors, Ltd., India Employees 10,000 Website Jaguar.com Jaguar Cars Ltd. (pronounced [ˈdʒæɡjuːər], better known simply as Jaguar) is an Indian-owned automaker from England, United Kingdom that manufactures luxury and executive motor cars. It has been a wholly-owned subsidiary of the Indian company Tata Motors Ltd. since March 2008, in which it comprises one half of the Jaguar Land Rover group along with its corporate sibling, Land Rover. Jaguar was founded as the Swallow Sidecar Company by Sir William Lyons in 1922, originally making motorcycle sidecars before switching to passenger ...
Infiniti Automotive Wiki
Infiniti Type Division Founded 1989 Headquarters Tokyo, Japan Key people Mark Igo, president of Infiniti North America Industry Automotive Products Automobile Parent Nissan Motors Website Infiniti USA Infiniti Canada Infiniti Europe Infiniti of Britan Infiniti Middle East Infiniti is the luxury car division of Japanese automaker Nissan Motor Co., Ltd. Infiniti sales officially started in November 8, 1989 in North America and its global operations have since grown to include Mexico, the Middle East, South Korea, Russia, Switzerland, China and Ukraine. Today, the Infiniti global network includes more than 230 dealers in 15 countries. Carlos Ghosn, President and CEO of Nissan Motor Co. Ltd., unveiled Infiniti’s arrival in Europe at the Geneva Motor Show 2008.The official launch is scheduled in the autumn ...
Honda Automotive Wiki
Honda Honda Motor Company, Ltd. Honda Giken Kogyo Kabushiki-gaisha 本田技研工業株式会社 Type Public (TYO: 7267) & (NYSE: HMC) Founded September 24, 1948 Founder(s) Soichiro Honda Headquarters Minato, Tokyo, Japan Area served Worldwide Key people Soichiro Honda (Founder) Takeo Fujisawa (Managing Director) Satoshi Aoki (Chairman) Takeo Fukui (CEO) Takanobu Ito (CEO June 2009) Industry Automobile Truck manufacturer Motorcycle Products automobiles, trucks, motorcycles, scooters, ATVs, electrical generators, robotics, marine equipment, jets, jet engines, and lawn and garden equipment. Honda and Acura brands. Revenue ▲ US$ 119.801 Billion (2008) Operating income ▲ US$ 9.513 Billion (2008) Net income ▲ US$ 5.989 Billion (2008) Total assets ▲ US$ 125.916 Billion(2008) Total equity ▲ US$ 45.356 Billion (2008) Employees 167,231 (Sep 2008) Website Honda.com Honda Motor Company, Ltd. (本田技研工業株式会社, Honda Giken Kōgyō Kabushiki-gaisha?, Honda Technology Research Institute Company, Limited) listen ...
General Motors Automotive Wiki
General Motors Type Public (Pink Sheets: GMGMQ) (OTCBB: GMGMQ) (as of 2 June 2009) Founded 1908 Headquarters Renaissance Center Detroit, Michigan, United States Area served Worldwide Key people Fritz Henderson (CEO) Kent Kresa, (Chairman) Robert Lutz, (Vice Chairman) Ray Young, (CFO) Ed Welburn, (VP Global Design) Industry Automotive Products Automobiles Engines Services Financial services Revenue ▼ US$ 148.979 billion (2008) Operating income ▲ US$ 21.284 billion (2008) Net income ▼ US$ −30.9 billion (2008)[2] Total assets ▼ US$ 91.047 billion (2008) Total equity ▼ US$ −86.154 billion (2008) Employees 243,000 (2008) Divisions General Motors Canada General Motors Europe General Motors do Brasil Subsidiaries Buick, Cadillac, Chevrolet, GM Daewoo, GMC, Holden, Vauxhall Motors and Wuling Website GM.com As of June 1, 2009, reorganizing and operating under protection of Chapter 11 bankruptcy proceedings General Motors Corporation (GM) (Pink Sheets: GMGMQ) / (OTCBB: GMGMQ) is ...
Ford Automotive Wiki
Ford Motor Company Type Public (NYSE: F) Founded June 16, 1903 Founder(s) Henry Ford Headquarters Dearborn, Michigan, United States Area served Worldwide Key people William C. Ford, Jr. (Executive Chairman) Alan R. Mulally (President) & (CEO) Industry Automotive Products Mainstream/Performance vehicles Automotive parts Services Automotive finance, Vehicle leasing, Vehicle service Revenue ▼ US$146.277 billion (2008) Operating income ▼ US$(-9.293) billion (2008) Net income ▼ US$(-14.672) billion (2008) Total assets ▼ US$222.977 billion (2008) Total equity ▼ US$(-17.311) billion (2008) Employees 87,700 (US, 2008) 213,000 (World, 2008) Divisions Ford Credit Ford division Lincoln Mercury Premier Automotive Group Subsidiaries Automotive Components Holdings Mazda (13% minority) Volvo (cars only) Website Ford.com The Ford Motor Company (NYSE: F) is an American multinational corporation and the world's fourth largest automaker based on worldwide vehicle sales, following Toyota, General Motors, and ...
Elfin Automotive Wiki
Elfin Sports Cars Elfin Sports Cars Pty Ltd Type Private Founded 1957 Headquarters Melbourne, Victoria, Australia Key people None Industry Automotive Products Automobiles Parent Walkinshaw Performance Website www.elfin.com. Elfin Sports Cars Pty Ltd is the current name of the car company which was founded by Garrie Cooper. It has been an Australian manufacturer of sports cars and motor racing cars since 1957. Elfin Sports Cars is owned by former British racing driver Tom Walkinshaw, through his company Walkinshaw Performance which also owns Holden Special Vehicles[1]. It was previously owned by businessmen and historic racing enthusiasts Bill Hemming and Nick Kovatch (who remains as technical director) who purchased it in 1998. The current manufacturer location is at Braeside, a suburb of ...
Citroën Automotive Wiki
Citroën Automobiles CITROËN Type Subsidiary of PSA Peugeot Citroën Founded 1919 Founder(s) André Citroën Headquarters Paris, France Industry Automotive Products Automobile Employees 13,900 Parent PSA Peugeot Citroën Website Citroën.com Citroën (French pronunciation: [sitʁoˈɛn]) is a French automobile manufacturer. Founded in 1919 by André Citroën, it was the world's first mass-production car company outside of the USA. Since 1976 it has been part of PSA Peugeot Citroën, and its headquarters is on rue Fructidor, Paris. Originally a mass-market car maker with relatively straightforward designs, Citroën shocked the world in 1934 with the innovative Traction Avant, the world's first mass-production front wheel drive car (1934–56). Other significant models include the H Van (1947–81), the 2CV (1948–90), the DS (1955–1975) and ...
Chrysler Automotive Wiki
Chrysler Chrysler Group, LLC Type Private, limited liability company Predecessor Chrysler LLC Founded June 6, 1925 Founder(s) Walter Chrysler Headquarters Auburn Hills, Michigan, USA Number of locations List of Chrysler factories Area served International Key people Sergio Marchionne (CEO) C. Robert Kidder (Chairman) Jim Press, Deputy CEO Industry Automotive Products automobiles, light trucks and vans Owner(s) UAW VEBA (67.69%) Fiat S.p.A. (20%) United States (9.85%) Canada (2.46%) Employees 58,000 (2008) Divisions Chrysler, Dodge, ENVI, Jeep, Mopar, Chrysler Financial[citation needed] Subsidiaries Chrysler Canada, Chrysler Australia, GEM Website Chrysler Group LLC operations based on post-sale plans Chrysler Group, LLC is an American automobile manufacturer headquartered in the Detroit suburb of Auburn Hills, Michigan. Chrysler was first organized as the Chrysler Corporation in 1925. From 1998 to 2007, Chrysler and its ...
BMW Automotive Wiki
BMW Bayerische Motoren Werke (BMW) AG Type Aktiengesellschaft (FWB: BMW) Founded 1916 Headquarters Munich, Germany Key people Norbert Reithofer (CEO and Chairman of Board of Management) Joachim Milberg (Chairman of Supervisory Board) Industry Automotive industry Products Automobiles, motorcycles, bicycles Revenue €53.20 billion (2008) Operating income ▲ €921 million (2008) Profit ▲ €324 million (2008) Employees 100,040 (2008) Divisions BMW Motorrad Subsidiaries Rolls-Royce Motor Cars Website bmw.com Bayerische Motoren Werke AG (BMW), (English: Bavarian Motor Works) is a German automobile and motorcycle manufacturing company. Founded in 1916, it is known for its performance and luxury vehicles. It owns and produces the MINI brand, and is the parent company of Rolls-Royce Motor Cars. // Company history BMW Headquarters in Munich, Germany After World ...
Audi Automotive Wiki
Audi AUDI AG Type Private company, subsidiary of Volkswagen Group (FWB Xetra: NSU) Founded Zwickau, Germany 1909 [1] Founder(s) August Horch Headquarters Ingolstadt, Germany Number of locations production locations: Germany: Ingolstadt & Neckarsulm; Hungary: Győr; Belgium: Brussels; Brazil: Curitiba; China: Changchun; India: Aurangabad Area served Worldwide Key people Rupert Stadler Chairman of the Board of Management, Martin Winterkorn Chairman of the Supervisory Board (Volkswagen AG) Industry Automotive industry Products Automobiles, Engines Revenue ▲ € 33.617 billion (2007) [2] Profit ▲ € 2.915 billion (2007) Total equity 37.0%[citation needed] Employees 53,347 (2007) Subsidiaries quattro GmbH, Lamborghini S.p.A., Audi Hungaria Motor Kft Website Audi.com AUDI AG, (Xetra: NSU) is a German company which produces luxury cars under the Audi brand, (pronounced /aˈʊdi/). It is part of the Volkswagen Group. The name Audi is based on a Latin translation of the last name of the founder August "Horch", itself ...
Lamborghini Concept S Wiki
Lamborghini Concept S Lamborghini Concept S The Lamborghini Concept S is a concept car designed by Luc Donckerwolke, the head of Lamborghini design, using the Lamborghini Gallardo's floorplan. Shown at the 2005 Geneva Motor Show. It was intended to be a modern interpretation of the single-seat roadsters of the past. Utilizing a 'saute-vent' (French for 'change wind') instead of a traditional windscreen, and dividing the interior into two distinct compartments by continuing the bodywork between the seats, which also serves as an air inlet feeding the mid-mounted 5L V10 engine, gives the car a distinctly futuristic look. This is also to increase ...
Aston Martin Automotive Wiki
Aston Martin Aston Martin Lagonda Limited Type Private Founded 1913 Founder(s) Lionel Martin Robert Bamford Headquarters Gaydon, Warwickshire, England Key people Dr. Ulrich Bez, CEO Marek Reichman, Director of Design Industry Automotive Products Automobile Owner(s) David Richards John Sinders Investment Dar Adeem Investment Website Aston Martin Website for England Aston Martin Lagonda Limited is a British manufacturer of luxury sports cars, based in Gaydon, Warwickshire. The company name is derived from the name of one of the company's founders, Lionel Martin, and from the Aston Hill speed hillclimb near Aston Clinton in Buckinghamshire From 1994 until 2007 Aston Martin was part of the Ford Motor Company, becoming part of the company's Premier Automotive Group in 2000. On 12 March 2007, it was ...
Alfa Romeo Automotive Wiki
Alfa Romeo Automobiles S.p.A. Type Private Predecessor Società Anonima Italiana Darracq (SAID) Founded 24 June 1910 in Milan, Italy Founder(s) Alexandre Darracq/Ugo Stella Nicola Romeo Headquarters Turin, Italy Area served Worldwide Key people Luca di Montezemolo (President) Sergio Cravero (CEO) Industry Automotive Products Automobiles Parent Fiat Group Automobiles S.p.A. Website AlfaRomeo.com Alfa Romeo Automobiles S.p.A. is an Italian automaker founded on June 24, 1910 in Milan. Alfa Romeo has been a part of the Fiat Group since 1986. The company was originally known as A.L.F.A., which is an acronym for Anonima Lombarda Fabbrica Automobili (translated: Lombard Automobile Factory, Public Company). History Foundation and early years Alfa Romeo production between 1934-1939 Year Cars Industrial vehicles 1934 699 0 1935 91 211 1936 20 671 1937 270 851 1938 542 729 1939 372 562 Alfa Romeo started as Darracq Italiana in 1906 assembling Darracq ...
Bugatti Automotive Wiki
Bugatti / 48.52556; 7.50028 Bugatti Fate Sold to Hispano-Suiza in 1963 Successor Bugatti Automobili SpA Founded 1909 Headquarters Molsheim, France Key people Ettore Bugatti (founder) Industry Automotive Products Automobiles, airplane parts Bugatti was founded in Molsheim, France, as a manufacturer of high performance automobiles by Ettore Bugatti, an Italian man described as an eccentric genius. The original company is legendary for producing some of the most exclusive cars in the world as well as some of the fastest. The original Bugatti brand failed with the coming of World War II, like many high-end marques of the time. The death of Ettore's son Jean was also a contributory factor. The company struggled financially and released one last ...
Ferrari Automotive Wiki
Ferrari Ferrari S.p.A. Type Subsidiary Founded 1947 Founder(s) Enzo Ferrari Headquarters Maranello, Italy Key people Luca di Montezemolo, (Chairman) Piero Ferrari, (Vice-President) Amedeo Felisa, (CEO) Giancarlo Coppa , (CFO) Industry Automotive Products Sports cars Revenue ▲ € 1,921 million (2008) Employees 2,926 (2007) Parent Fiat S.p.A. Website Ferrariworld.com Ferrari S.p.A. is an Italian sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari in 1928 as Scuderia Ferrari, the company sponsored drivers and manufactured race cars before moving into production of street-legal vehicles in 1947 as Ferrari S.p.A.. Throughout its history, the company has been noted for its continued participation in racing, especially in Formula One, where it has enjoyed great success. Company structure Ferrari was founded as an independent company by Enzo ...
Lamborghini Automotive Wiki
Lamborghini Automobili Lamborghini S.p.A. Type Subsidiary Founded 1963 Founder(s) Ferruccio Lamborghini Headquarters Sant'Agata Bolognese, Italy Area served Worldwide Key people Stephan Winkelmann, CEO Industry Automotive Products Automobiles Owner(s) Volkswagen Group Parent Audi AG Website Lamborghini.com Automobili Lamborghini S.p.A., commonly referred to as Lamborghini, is an Italian manufacturer of sports cars, based in the small Italian village of Sant'Agata Bolognese, near Bologna. The company was founded in 1963 by businessman Ferruccio Lamborghini, who owned a successful tractor factory, Lamborghini Trattori. In 1998, Lamborghini became a subsidiary of the German car manufacturer Audi AG, a subsidiary of Volkswagen Group. History Origin As a prominent manufacturer of tractors and heating units after World War II, Lamborghini was an enthusiastic owner of sports cars. After owning and driving a ...
Capturing General Motors’ new small-car production could be costly
June 14, 2009 :: Posted by - AutoBlogger :: Category - General Motors, National
General Motors Corp. may be looking for hundreds of millions of dollars in state government aid to locate its new small-car production in the United States, according to a story Friday in Nashville’s Tennessean newspaper. GM has said it intends…
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General Motors purchasing chief Bo Andersson leaves company
June 14, 2009 :: Posted by - AutoBlogger :: Category - General Motors, National
General Motors Corp. said this morning that long-time purchasing chief Bo Andersson has left the company “to pursue other career opportunities.” No replacement has yet been named. Andersson is the first of a number of GM executives who are expected…
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The Treasury Department owns 8 percent of the new Chrysler Group LLC and is taking a 60 percent stake in General Motors Corp. But when it comes buying actual cars and trucks, the federal government is favoring Ford Motor Co.,…
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General Motors says: Don’t buy our stock!
June 14, 2009 :: Posted by - AutoBlogger :: Category - General Motors, National
Speculators have been buying up General Motors Corp. stock, apparently hoping to make a profit on its shares while the automaker is in Chapter 11 bankruptcy. Bad idea, say GM and financial advisers….
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