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Hyundai names former GM exec Shannon as U.S. marketing boss

Hyundai has tapped a General Motors veteran as its new U.S. marketing chief, filling a spot that has sat empty for more than seven months. Steve Shannon was named vice president of marketing for Hyundai Motor America on Wednesday and will officially take his position on April 18, Hyundai spokesman Chris Hosford said.

Government driving down electric avenue

THE GOVERNMENT is to lead by example by buying more than 150 electric and plug-in hybrid cars for its fleets. All fleet managers will have funding allocated with a view to buying ultra-low-emission vehicles (ULEVs) to replace older vehicles as part of the their normal working life cycle. According to Westminster sources, a long-term plan is in place to make such cars and vans entirely commonplace.

UAW, Fiat likely to hold key stakes in new Chrysler

The UAW and Italy's Fiat S.p.A. could be Chrysler LLC's leading shareholders if the struggling U.S. automaker wins the concessions requested by President Barack Obama's automotive task force by April 30, a source close to negotiations told Automotive News today.