28 Articles
Apr 9, 2012 Video
Nissan entering stock GT-R in 24 Hours of Nürburgring

There are plenty of ways to test a vehicle's durability. You might hand the keys to your average teenager for a week or plop a journalist behind the wheel for an hour. Or you could simply enter the machine in the 24 Hours of Nürburgring. Nissan has opted for the latter option for the company's upgraded-for-2012 GT-R. The automaker's developme

Zach Bowman
Apr 9, 2012 Report
Geely announces $11 billion investment in Volvo

Volvo is poised to rapidly inflate its presence in China, and it believes the way forward is through an $11 billion spending plan. "We want to revive Volvo and give the brand its strength back," says Li Shufu, Chairman of Geely Automobile Holdings. Speaking with German magazine Wirtschafts Woche, Shufu disclosed that Geely will put up $11 billion for a new

Dan Roth
Apr 9, 2012 Report
Treasury orders executive pay cuts at GM including CEO Akerson

The Detroit Free Press reports that the United States Treasury has exercised its power to put a cap on executive compensation at General Motors by freezing CEO Dan Akerson's pay at last year's levels. Akerson brought home a total of $9 million last year including salary, stock and restricted stock.

Zach Bowman
Apr 9, 2012 Report
Lotus F1 no longer sponsored by Group Lotus, team to keep name

Group Lotus will no longer sponsor Lotus F1, according to Autosport.com. The manufacturer pulled its endorsement shortly after parent company Proton announced the sale of Group Lotus to DRB-Hicom. Additionally, Proton won't purchase 50 percent of the race team as previously agreed.

Zach Bowman
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