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Opel product chief Weber quits to take job with yet-unnamed rival
Thu, 07 Apr 2011Frank Weber, the German-born engineer who helped lead development of the Chevrolet Volt and Opel Ampera hybrids, is leaving General Motors' Opel unit to work for an as-yet unnamed competitor. Weber has been Opel's product chief since November 2009. His departure was reported Thursday by Automotive News Europe and confirmed by company sources.
Amelia Island concours celebrates birthday of fake sports car--46 years early
Wed, 19 Oct 2011The fictional Italian grand marque 1958 Pignatelli sports car has joined the lineup for the 2012 Amelia Island Concours d'Elegance. The 17th-annual event will celebrate the cartoon vehicle's 100th anniversary, 46 years early, in March. "Because all but two people involved with the Amelia Island concours will be dead by 2058, we don't want to wait," concours chairman Bill Warner said.
Singapore billionaire Peter Lim invests in McLaren Automotive
Fri, 19 Aug 2011Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.