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CEO Krafcik leaves Hyundai, succeded by Zuchowski
Fri, 27 Dec 2013Hyundai Motor America said John Krafcik will step down as CEO at year end, capping a five-year run during which he steered the Hyundai brand to record U.S. sales and market share. Krafcik will be succeeded by Dave Zuchowski, currently Hyundai's executive vice president of U.S.
India’s first ‘Supercar’ – the DC Design Avanti – debuts at Delhi Motor Show
Fri, 06 Jan 2012DC Design Avanti debuts in Delhi India car design studio DC Design has revealed ‘India’s first Supercar’ at the Delhi Motor Show. The DC Design Avanti gets a Ford Ecoboost or V6 Honda turbo. Earlier this week we revealed that the first Supercar to emanate from the sub-continent was due to be debuted by Indian car customisers DC Design at the Delhi Motor Show.
GM tipped to buy Tesla in 2014 - report
Tue, 31 Dec 2013Tesla Motors Tesla has made a real splash in the electric-car scene, so it should come as no surprise that its success is generating renewed interest in the fledgling start-up. New media reports in the US suggest that one of America's biggest car makers, General Motors, is considering buying Tesla in 2014. Veteran auto industry analyst Yra Harris, of Praxis Trading, told CNBC that GM may make a bid for Elon Musk's electric vehicle (EV) specialist in the coming months.