Hyundai loses top U.S. designer

Hyundai's North American design chief, Joel Piaskowski, left the automaker on Dec. 31. Piaskowski is credited as the main designer for the Hyundai Genesis sedan and coupe.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

The fastest - and slowest - selling used cars revealed by Glass’s

The Mitsubishi Mirage and Ford Focus: the slowest- and fastest-selling used cars revealed by Glass's By Tim Pollard First Official Pictures 28 August 2014 12:17 The best and worst secondhand cars have been revealed in a survey revealing which models sell quickly and which hang around like a bad smell. The list, compiled by used-car pricing gurus at Glass’s, claims that the Ford Focus is Britain’s fastest-selling secondhand car. On average, it takes just 24.9 days to sell a Focus on the used market in Britain.