04 05 06 Scion Xa Crossmember/k-frame Front 257364 on 2040-parts.com

Porsche CEO likely to bow to pressure to leave, report says

Porsche CEO Wendelin Wiedeking is likely to bow to pressure from the Porsche family to step down, a German newspaper report said on Wednesday. Business daily Handelsblatt said that the two parties had already reached agreement that the chief executive should go and that a formal decision could come by Thursday, when the company's supervisory board meets. The newspaper also said, however, that Wiedeking would fight to keep his job.

Who's Where: GM's new Asian and European design studio appointments

New additions have been made to the design management teams at General Motors, both in Asia and in Europe. Effective today (August 1), Friedhelm Engler begins his new role as Director of Design for the Pan Asian Technical Automotive Center (PATAC), based in Shanghai, China.  He is responsible for all design related activities in the joint venture between General Motors and the Shanghai Automotive Industry Corp. Group (SAIC).

Acura retools lineup to put the focus on mpg

Honda will overhaul and reposition its Acura lineup over the next 18 months and abandon its long pursuit of top-tier luxury-car status for the brand. After years of trying to propel Acura into the front ranks with Mercedes-Benz, BMW and Lexus, Honda says it will settle for offering mid-level premium vehicles that favor fuel economy over performance. With one exception: At the Detroit auto show in January, Honda will bring back the Ferrari-fighting Acura NSX--a new version of the mid-engine supercar that disappeared in 2005 after a 15-year run.