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GM looks for new product boss
Wed, 19 Jan 2011General Motors is about to get another product boss. The question is, who? Vice chairman Tom Stephens will move to the freshly minted position of chief technology officer for GM on Feb.
Mini and BMW M get new leaders
Fri, 01 Apr 2011The overseer of BMW’s vaunted M division is taking another spin in the driver’s seat at Mini. Longtime company executive Kay Segler will take over stewardship of the iconic small-car brand on May 1. He previously led Mini from 2004 to 2008.
Saab China – Deal Dead
Mon, 24 Oct 2011Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.