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GM shifts gears, will keep Opel
Wed, 04 Nov 2009General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.
Volvo's autonomous car is boring enough to work
Fri, 16 May 2014Volvo is a bit of an enigma. The Chinese-owned Swedish automaker releases a stunning concept from time to time, and we're often pleasantly surprised by the Volvos that enter out test fleet, but it hasn't done much to generate sales numbers -- or buzz -- in the North American market. Maybe that's because Volvo is too busy looking down the road to focus on selling cars now.
Jaguar shuffles executives as it goes for growth (2013)
Tue, 02 Jul 2013Jaguar-Land Rover has a new engineering boss and product delivery enforcer, as it gears up for an unprecedented new model push. Announced today and effective from 1 August 2013, Dr Wolfgang Ziebart becomes group engineering director, replacing Bob Joyce who moves into the new role of product creation and delivery director. Ziebart worked in R&D at BMW for 23 years, before moving onto key suppliers Continental and semi-conductor maker Infineon.