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Ford CEO Mulally Earns $22 million

Ford CEO Mulally Earns $22 million

Ford Motor Company is reporting that it is paying its CEO Alan Mulally more than USD22 million (€13, 95 million) for work done during the 2007 financial year. Ford reported losses amounting to USD2.7 billion during the same period. Union boss Ron Gettelfinger who serves as President of United Auto […]

Tata or Mahindra to buy HUMMER?

Tata or Mahindra to buy HUMMER?

Casualties of war, a name given to those left behind in battle, nowadays referring more to innocent bystanders than combat soldiers. In these times of war against emissions, carbon dioxide and chokingly high oil prices, casualties may be left behind. The first of these could be HUMMER, General Motors’ gasoline […]

BMW M GmbH Celebrates 30 Years with 300,000 Vehicles

BMW M GmbH Celebrates 30 Years with 300,000 Vehicles

Only within recent times have American and Japanese car manufacturers finally started to show the same intensity for performance orientated cars as the Europeans. BMW takes the opportunity to reminds us that their tradition of sporty dynamic vehicles goes back much further. Marked by the production of the 300,000th M […]

BMW Group to invest a billion US dollars in the USA by 2012

BMW Group to invest a billion US dollars in the USA by 2012

Back in March BMW announced its plan to further expand the Spartanburg plant in South Carolina to the tune of 750 million US dollars. Responsible for the global production of the X3, X5 and X6 models, the expansion would include increase the size of the plant by 60 percent, or […]