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Porsche engineer Rolf Frech named engineering chief at Bentley
Wed, 28 Sep 2011The Porsche-ization of luxury-car maker Bentley moved another step forward on Wednesday as Rolf Frech was named as its engineering chief. Frech, who has been Porsche's director of the complete vehicle engineering group for the past decade, replaces Ulrich Eichhorn, who is set to become head of the VDA, the German auto-industry association. Eichhorn, 50, joined Bentley as engineering chief in 2003 from Volkswagen, where he had been in charge of research and development.
Crunch watch Dec 08: the auto industry in crisis
Wed, 31 Dec 2008By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.
Mini: the 50th anniversary and new models galore
Wed, 27 May 2009By Phil McNamara Motor Industry 27 May 2009 13:14 Mini’s renaissance is entering a new phase of electric power, 4x4 crossovers and yet more bodystyles, said BMW marketing chief Ian Robertson at the British brand’s 50th birthday party. Over the last May bank holiday weekend, some 15,000 Mini fans converged on Silverstone, for a three-day festival of cars, racing and music. The company revealed three special editions: high-spec Camden and Mayfair models, plus the 211bhp World Championship 50 Edition in homage to racing team boss John Cooper.