Catalunya Government Cannot Guarantee F1 Race
21 Feb 2011, 08:25 UTC · By: Ovidiu Panzariu / After Australia, another highly-appreciated Formula 1 Grand Prix is on the verge of losing its place in the series' calendar. According to a recent report in Spain, Catalonian officials can onl...
Ferrari Announces Temporary Layoffs in November
14 Oct 2009, 08:13 UTC · By: Alina Dumitrache / Although it has denied being affected by the global economic crisis, Italian supercar maker Ferrari has just revealed that another wave of layoffs is approaching fast, after last December it reduced...
GM, Chrysler Submit Survival Plans
18 Feb 2009, 08:05 UTC · By: Daniel Patrascu / As we reported throughout the past few weeks, both GM and Chrysler were due yesterday to submit their survival plans as they are looking for additional financial aid to get through the economic cris...