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Honda cuts UK production by 50 per cent

Honda (UK) cuts production Japan is slowly recovering from the earthquake and tsunami that hit on 11th March. Or at least its production is. Honda has revealed that it expects its Japanese plants to resume production of 11th April – just one month after the disaster – but initially that will be at just 50% capacity due to a shaky parts supply line.

Pagani Zonda Cinque (2008): first official pictures

By Dimitri Pesin First Official Pictures 10 June 2008 09:17 Pagani has released pictures of its new road-going track car – the Zonda Cinque. It’s a limited edition (we’re talking only five examples) with a 669bhp and weight-saving technology all round. Racy doesn’t even begin to describe it.

General Motors fires back at Volkswagen

General Motors issued a terse response this week to published comments by Volkswagen CEO Martin Winterkorn, who suggested to the German press that Opel could be sold to a Chinese competitor. Detroit-based GM called Winterkorn's comments “regrettable” and accused him of “fanning speculation.” Opel was nearly sold to Magna and Russian investors in the wake of GM's 2009 bankruptcy. But then-CEO Ed Whitacre and the corporate board reversed that decision, igniting controversy from German political and labor leaders who have long chafed under American oversight.