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GM and Koenigsegg agree Saab sale
Tue, 16 Jun 2009By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.
Design Contest: 2007 World Automotive Design Competition winners announced
Fri, 16 Mar 2007The winners of the 2007 World Automotive Design Competition (WADC), sponsored by Autodesk, were announced at the 2007 Canadian International Auto Show in February. The competition was relaunched in 2007 with a few new twists created to meet the needs of the global automotive industry. The fifth WADC strived to provide manufacturers worldwide with a source of new automotive design talent and to encourage design students, and especially women, to choose a career in automotive design.
GM's top battery executive for the Volt to join California startup
Thu, 25 Feb 2010General Motors's top executive in charge of developing batteries for the Chevrolet Volt plug-in hybrid is leaving to take a position with an unnamed startup battery company in California. Denise Gray, 46, global director of rechargeable energy storage systems, will step down March 5 after more than three years in the post. This was “an opportunity that I could just not resist,” Gray said in a phone interview.