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New Automotive Stuff -
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General Motors Co's chief executive Fritz Henderson abruptly resigned on Tuesday, In spite of GM's improving business this last few months, the CEO departs DETROIT (Reuters) after the company's board decided the automaker needed to push its restructuring faster under new leadership. Henderson was asked by the board to step down at a meeting in Detroit after being on the job for just eight months, according to a person with direct knowledge of the matter. GM Chairman Ed Whitacre, 68, will become interim chief executive as the automaker begins an immediate search for a replacement, the company said. The announcement of Henderson's sudden departure underscored the tough oversight being exerted by a slate of new GM directors led by Whitacre and selected by the automaker's majority shareholder, the U.S. Treasury. |
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Henderson, 51, became CEO in March after his predecessor, Rick Wagoner,
was forced out by the Obama administration as part of the U.S.
government-funded restructuring of GM. "The board decided -- and Fritz
agreed -- that given where we are, it was time to make some changes," GM
spokesman Chris Preuss said at a hastily arranged news conference.
Whitacre, a former AT&T chief executive, became chairman of GM in July
as part of a new board vetted by the U.S. Treasury and intended to
safeguard the government's $50 billion investment in the automaker. The
U.S. government has a 60-percent common equity stake in GM with $10
billion in debt and perpetual preferred shares, but the Obama
administration has repeatedly said that it is leaving oversight of the
company to Whitacre and the board. "This decision was made by the board
of directors alone. The administration was not involved in the
decision," a White House spokeswoman said. Whitacre, who became the
public face of GM in its first ad campaign after bankruptcy, appeared
briefly before reporters at GM's headquarters in Detroit but did not
take questions on why the board had chosen to part ways with Henderson.
"While momentum has been building over the past several months, all
involved agree that changes needed to be made," Whitacre said. Whitacre,
a plain-spoken Texan who said he knew nothing about the auto industry
when he became GM chairman, has surprised GM insiders by making
unannounced plant visits and putting blunt questions to workers at all
levels. With his move to become GM's acting CEO, all three U.S.
automakers are now headed by outsiders to Detroit.
Source Reuters.com December 02,
2009 |
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600-hp, twin-turbocharged Artisan Camaro SS SA-600 Posted by epic on May 08, 2009 Artisan is teaming up with Turbochargers.com to create a turn-key tuner out of the 2010 Chevrolet Camaro SS. Using a similar formula as its Lexus IS-F SEMA car, the crew is employing a duo of rear-mounted GTK350 turbos, a cat-back exhaust, intercooler and a tweaked ECU to net a total of 600 whp from the SS' 6.2-liter V8. The body benefits from a 1.5-inch flare in front and a three-inch stretch in the rear where a set of 21-inch (front) and 22-inch (rear) iForged wheels reside, framing 14-inch SSBC Big Brakes. A new lip, rear diffuser, gauge package, Artisan-embroidered head-rests, BASF Glasurit paint and a numbered plaque round out the mods, and although the parts can be had separately, the full turn-key package will set you back $69,000 when the Artisan SA-600 goes on sale this June. |
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2011 Chevrolet Caprice Police Car with 355 horsepower. The Police forces across North America is about to be equipped with an all-new Chevrolet Caprice Police Patrol Vehicles for 2011. The new and modern rear-drive Caprice PPV will offer both V-8 and V-6 engines, as well as a hi-tech specialized equipment and features. The new specialized rear-drive sedan will be available for ordering next year and will hit the streets in early 2011. Chevrolet’s all-new PPV is not based on existing „civilian” passenger-car, it has been developed originally for police duty. The new Police Patrol Vehicle is distinguished by modern equipment and features like: Powerful 6.0L V-8 with fuel-saving Active Fuel Management technology and E85 capability delivers expected best-in-class 0-60 acceleration (sub six seconds) and top speed; a V-6 engine will also be offered, beginning in the 2012 model year Optional front-seat-only side curtain air bags allows a full-width rear-seat barrier for greater officer safety Two trunk-mounted batteries, with one of them dedicated to powering various police equipment Designed for five-passenger seating, meaning the upper-center section of the dashboard can be used for equipment mounting without the concern of air bag deployment interference Compatibility with in-dash touch-screen computer technology. |
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VW Bug, with Jet Engine - This is a my street-legal jet car on full afterburner. The car has two engines: the production gasoline engine in the front driving the front wheels and the jet engine in the back. The idea is that you drive around legally on the gasoline engine and when you want to have some fun, you spin up the jet and get on the burner (you can start the jet while driving along on the gasoline engine). The car was built because I wanted the wildest street-legal ride possible. With this project, I was able to use some stuff I learned while getting my fancy engineering degree (I have a PhD in Mechanical Engineering from Stanford University) to design the car without the distraction of how other people have done it in the past - because no one has. I don't know how fast the car will go and probably never will. The car was built to thrill me, not kill me. That doesn't stop me from the occasional blast on the highway though. |
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1988 Callaway Sledgehammer Corvette, One of the Worlds fastest Street Legal Cars, 254.7 MPH |
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Here in this new section you will see updated information on many model automobiles, motorcycles, and other car related things. The cars that will be shown are like the Chevrolet Corvette, Ford Mustang GT, Cobra, Saleen, Roush, S7, Shelby GT500, GT40, Lamborghini, Ferrari, Lotus, BMW, Honda, Acura, Lexus, Bugatti, Mercedes Benz, Cadillac, Yukon, Chrysler, Dodge Hemi, Audi, Bentley, Fiat, Infiniti, Jaguar, Porsche, Mazda, Nissan, Mitsubishi, Toyota, Subaru, Saab, VolksWagon, Land Rover, Hummer, Classic American muscle cars, Antique vehicles, Street Rods, Low-riders, 4X4's, SUV's, Motorcycles, like Harley Davidson, Yamaha, Suzuki, Honda, Buell, Triumph, BMW, limousines, and other luxury sedans, just to mention a few. So enjoy the information here in this all new section. Stop back often, as this section will be updated very regularly. |
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