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Friday, May 4, 2012

Patrik Huber Warth Flat Trick Buttering / Double Rodeo Snow

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Source: http://extremesportsblog.com/patrik-huber-warth-flat-trick-buttering-double-rodeo-snow.html/

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Thursday, May 3, 2012

Report: GM Europe headed for another restructuring after disappointing losses

Filed under: Europe, GM, Earnings/Financials, Opel

General Motors is having a hard time nailing down its European operations. The automaker reported its first-quarter earnings slid by $1 billion, down from $3.2 billion in the first quarter of last year. The drop was partially attributable to a one-time loss that included changes in accounting for the automaker's European pensions.

While GM earned $1.69 billion in North American before taxes, Opel lost $246 million in the first quarter. Surprisingly, that marks the second best quarter for the automaker in a year. Even so, GM CEO Dan Akerson said that the manufacturer's European operations are headed for substantial revision.

Akerson said the situation is a "four-alarm fire" while speaking during a public radio interview. The executive declined to elaborate on any plans to help stem Opel's losses beyond saying "We're going to have to restructure again."

In 2011, GM lost $747 million on its European operations, and with the looming debt crisis continuing to undermine consumer confidence in the EU, the company is desperate to ward off a repeat performance. Analysts believe that yet another restructuring will be a lengthy, drawn-out process, but likely won't result in any actual plant closings.

GM Europe headed for another restructuring after disappointing losses originally appeared on Autoblog on Thu, 03 May 2012 17:31:00 EST. Please see our terms for use of feeds.

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Source: http://www.autoblog.com/2012/05/03/gm-europe-headed-for-another-restructuring-after-disappointing-l/

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2012 Jerez MotoGP Sunday Notes - Of Rising Stars

The weather may have tried to claim the leading role at Jerez on Sunday, but after three fascinating races, there are still a few stars which easily outshone it. First and foremost is surely Romano Fenati: the Italian teenager won a Moto3 race at just the second attempt, going one better than his first race. Winning was impressive enough - you had to go back to 1991 and Nobby Ueda to find a rookie with a better debut, and Fenati's victory made him the 3rd youngest winner behind Scott Redding and Marc Marquez - but it was the manner of his victory which impressed most. Not only did the 16-year-old keep his head in the treacherous conditions while all around him fell, ran off track or made other serious mistakes, he also managed to run at a pace simply inconceivable to the rest of the field. Fenati was over 1.5 seconds a lap quicker than the rest, and he went on to win by over 36 seconds. This was just his second ever race in the rain (he won the first one, naturally) and he still felt he lacked experience in the wet. His victory received the loudest round of applause in the media center all day.

Source: http://feedproxy.google.com/~r/MotoGPMatters/~3/L3CwjhJudt8/2012_jerez_motogp_sunday_notes_of_rising.html

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Wednesday, May 2, 2012

PATRICK HEAD STEPS DOWN FROM THE BOARD OF WILLIAMS GRAND PRIX HOLDINGS PLC

WILLIAMS GRAND PRIX HOLDINGS PLC Grove, UK. 31 December 2011 Williams Grand Prix Holdings PLC (Ticker: WGF1) today confirms that Director of Engineering Patrick Head will step down from its Board of Directors with immediate effect....

Source: http://www.motorsportsjournal.com/archives/2011/12/patrick_head_steps_down_f.php

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Five For $25,000: Performance On The Cheap

With the dollar doing gymnastics and the average American likely to make less real money than their parents for the first time in generations, you might think owning a performance car is a dream for the wealthy or the past--but that's just not true, as several new entries into the sub-$25,000 segment of the market prove. These are five cars that...