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Ken Ma appointed VP Design at Chang'an

Former Shanghai Automotive Technical Center (SATC) design director Ken Ma joined Changan Automobile Group as vice president of the firm's Engineering Research Center late last year. Ma's new role puts him in charge of the Group's global design department, reporting directly to Changan group chairman LiuPin Xu on all design matters. But the move also effectively places him in the highest design position at any mainstream automotive company in China – a breakthrough for the country's automotive design industry.

SAIC merges with Nanjing

By Keith Adams Motor Industry 28 December 2007 15:27 Is the Chinese car industry learning to rationalise?  Absolutely. In order to attack world markets, China’s government and its largest automotive players have been getting cute. There’s a rush to merge or combine in order to compete in international markets.

Chrysler says it needs another $2 billion in aid

In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.