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Kia Motors appoints Peter Schreyer as President
Fri, 28 Dec 2012Kia Motors has appointed the man who changed their design – former VW man Perter Schreyer – as President. When Peter Schreyer left VW in 2006 after a sparkling career that saw him establish the Audi design philosophy – still a hallmark of Audi design – to head up design at stodgy Kia, many in the industry thought it an odd move. But Peter Schreyer seemed keen to prove his worth after VW had passed him over to head up their new design studio, and Kia offered the prospect of turning a budget brand in to a mainstream force with cutting edge designs and, it would seem, a pretty free hand to do what it would take.
Jaguar Land Rover sales drive Tata Motors’ profit
Tue, 14 Feb 2012JLR strong sales drive Tata Motors profits Jaguar Land Rover sales rose 41 per cent in the last quarter to £3.75 billion with profits of £440 million, propping up Tata’s domestic decline. When Tata bought Jaguar Land Rover from Ford back in 2008 for $2.3 billion it offered promise for the future, but most analysts thought Tata had made a big mistake buying JLR for so much, just as the world economy started to slip ion to the near depression we’re still fighting. But the analysts were wrong.
Official claims Fisker Karma to blame in Texas house fire
Tue, 08 May 2012Last week, a fire badly damaged the home of a new Fisker Karma owner, and authorities are saying that the electric car was the source of the blaze. According to Fort Bend County, Texas, chief fire investigator Robert Baker, the Fisker Karma started the fire that spread to the house. “Yes, the Karma was the origin of the fire, but what exactly caused that we don't know at this time,” he said.