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GM names Stracke to succeed Reilly as CEO of Opel/Vauxhall

General Motors on Thursday named global engineering chief Karl-Friedrich Stracke to replace Nick Reilly as CEO of its money-losing Opel/Vauxhall unit, effective April 1. Stracke will report to Reilly, 61, who continues as the head of GM's European operations and will be nominated to chair the Opel supervisory board. Stracke, a German native, has led GM's global vehicle engineering operations for the past 15 months.

Lotus to invest £500 million to build Esprit, Eterne, Elite & Elan. 1900 new jobs

The new Lotus Esprit Dany Bahar – Lotus boss – revealed plans at last year’s Paris Motor Show to turn Lotus in to an East Anglian Aston Martin. Those plans included one car we knew about – the new Lotus Esprit – and a number we didn’t – the Lotus Eterne, Lotus Elite, Lotus Elan and a new Lotus Elite. But the plans seemed to be nothing more than a wish list, and although it was intimated that Lotus owners Proton were going to provide a war chest of £770 million to fund the development, that later appeared to be an intent to provide Lotus with funds to develop a new range of cars, rather than an actual commitment.

College Exhibition: Strate College Degree Show 2007

Strate College hosted its annual Degree Show on June 21st, displaying the assorted works from students graduating from the Industrial Design programs.The celebrations began on the eve of the graduation ceremony at a chic venue in the heart of Paris's Champs Elysees, where montages of the students work played in a slideshow projected behind the bar. At the school the next day, all fifteen students from the Transportation Design program presented their work in an exhibit that spanned two rooms. Frederic Corazza created 'Searth', a vehicle to connect the sprawling artificial islands currently being built around the city of Dubai.