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Chevy, Buick-GMC bosses out at GM

The brand heads of Buick-GMC and Chevrolet are leaving General Motors Co., continuing a management upheaval sparked by the Dec. 1 ouster of CEO Fritz Henderson. Buick-GMC head Michael Richards, who left Ford Motor Co.

Koenigsegg planning an entry-level car – but it’ll still cost £500k

Koenigsegg are planning an entry-level car at half the price of the Agera R (pictured) Think of the cars that Christian von Koenigsegg has made since he started with the CC8S in 2002 and you think of them as extremes of the supercar genre; the Swedish engineering take on the bloated and massively complex Bugatti Veyron. Christian’s men in a shed in Sweden have gone on to make a series of progressively quicker and more impressive supercars, through the CCR, CCX and the Agera and on to the current most extreme iteration – the Koenigsegg One:1. But it looks like Christian has decided that his ambition to create the world’s greatest hypercar leaves room for a ‘Lesser’ Koenigsegg, a car that still has innovative engineering and extreme performance but comes at a lower price.

2007 China Automotive Design Conference

The 2007 China Automotive Design & Independent Innovation Conference marked the first gathering of independent Chinese (vs. joint venture) automakers getting together to discuss automotive styling. Taking place at the end of August, more than 140 design professionals from First Auto Works (FAW), Dongfeng Motor, Chery, Brilliance, Chana, Guangzhou Auto, Nanjing Automotive Corp.