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GM to slash global vehicle platforms by more than half, to 14, by 2018

General Motors says it will cut the number of vehicle platforms it uses globally by more than half over the next decade, in a bid to reduce complexity and save on product-development costs. “More of our components will be common, and more of our vehicles will be on global architectures,” GM CEO Dan Akerson told analysts on Tuesday. His remarks came as GM kicked off a series of presentations online, billed as its 2011 Global Business Conference.

Hyundai incentive includes job loss insurance

During a focus group meeting in late November, Joel Ewanick, Hyundai Motor America's vice president of marketing, realized no matter how much cash Hyundai piled on the fenders, it probably wasn't going to get buyers into showrooms. Not when they were worried about losing their jobs. "The question for consumers right now is what is going to happen to their income in 2009," Ewanick told Automotive News.

Goodwood Festival of Speed: McLaren MP4-12C debut

The McLaren MP4-12C - on the McLaren stand at the Festival of Speed I know, you probably already know that McLaren are going to give the MP4-12C its first public outing at the Goodwood Festival of Speed this year. In fact you definitely know that if you read here regularly. But it does no harm to remind you, especially as the Festival of Speed kicks off on Friday.