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Lamborghini Gallardo replacement named Huracan
Fri, 13 Dec 2013A Lamborghini source has apparently revealed that the Italian supercar firm’s replacement for the Gallardo – due next in 2014 – will be called the Huracan. The insider let slip to Auto Express that the new V10-powered supercar will be called Huracan, which is Spanish for hurricane. This is in contrast to earlier reports that suggested the Gallardo replacement would be called the Cabrera.
Land Rover Defender to be built in Sri Lanka
Tue, 09 Apr 2013The Land Rover Defender is to be built outside the UK in a new plant in Sri Lanka to produce Defenders for the region. Land Rover are assisting and training staff at a new assembly plant in Hambantota, Sri Lanka, run by Sathosa Motors PLC in a 50-50 deal with Land Rover distributors SML Frontier Automotive, with $1 million being invested to get the project up and running this year. It seems clear from the level of investment that this is simply an assembly operation using CKD kits from the UK for the Defender, but Sri Lank’s Daily News is reporting that there are plans to invest $500 million in the project.
New Honda CEO to focus on R&D
Mon, 23 Feb 2009Takanobu Ito, newly named as the next president and CEO of Honda Motor Co., will redouble the company's focus on research as it grapples with a global market meltdown. Honda presidents traditionally cut their teeth at the automaker's cherished development subsidiary, Honda R&D Co. Ltd.