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Wulin Gaowa on GM’s new Chinese Advanced Design Studio
Wed, 28 Dec 2011Following on from our story in September about Wulin Gaowa's appointment to GM Design as Director of its China Advanced Design, the company has released more details about the new studio and an interview with the designer. The company's "future hub for automotive design in Asia" will move into its new home in July 2012. The studio will be located at GM's GMIO and GM China Headquarters in Shanghai.
Meet the Porsche Boxster GTS and Cayman GTS
Wed, 19 Mar 2014Porsche will expand its Boxster and Cayman lineups with two new GTS (Gran Turismo Sport) models. We first got wind of the GTS trim package when a Porsche dealer presentation leaked late last year. The new Boxster GTS and Cayman GTS are pictured here in official photographs before the planned New York auto show debut next month.
Chrysler posts $370 million net loss on costs tied to repaid loans
Tue, 26 Jul 2011Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.