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Daimler to build a fifth Mercedes-Benz model at its Alabama plant
Fri, 21 Oct 2011Daimler AG said it will invest $350 million to produce a fifth Mercedes-Benz model at its factory in Vance, Ala., starting in 2015. The investment will create an additional 400 jobs at the plant. The company did not provide details about the additional vehicle.
Who's Where: Peter Arcadipane appointed BAIC's design director
Fri, 14 Jun 2013Peter Arcadipane has joined BAIC as its new design director. Based at its new hi-tech design facility in Beijing, China, he oversees a team of around 130 designers. The Australian designer, formerly of Mercedes-Benz, has been challenged to steer state-owned BAIC towards a more coherent and strategic position within China, with its chairman wanting to take the carmaker more upmarket.
De Tomaso bites the dust – again
Sun, 08 Jul 2012De Tomaso has filed for bankruptcy again after failing to complete any of the deals Gian Mario Rossignolo had claimed would save the brand. De Tomaso has never had a an easy time of things despite building a few cars – well, the De Tomaso Pantera, at least – which had real appeal. After its last bankruptcy, former Fiat executive Gian Mario Rossignolo rode in as a white knight to put De Tomaso back on top – or so we thought.