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Holt Ware becomes Design Director at GM-PATAC

Holt Ware has been appointed to design director at GM's Pan Asia Technical Automotive Center (PATAC) joint venture in Shanghai, China. He replaces Friedhelm Engler who has since relocated to Germany to lead the Advanced Design Studio, a position vacated by Anthony Lo earlier this year. Ware's new role at GM-PATAC puts him in charge of designers and modelers working in China's leading automotive engineering and design facility.

GM to invest $2 billion in 17 plants

General Motors said Tuesday that it will invest about $2 billion in 17 plants across eight states in the United States. "We are doing this because we are confident about demand for our vehicles and the economy," GM CEO Dan Akerson said in a statement. Akerson made the announcement at GM's transmission plant in Toledo, along with Ohio Gov.

No Porsche plan for model priced less than Boxster

Porsche has no plans to sell a car costing less than the Boxster, according to the automaker's head of sales and marketing. "To build a Porsche for 30,000 euros [$37,800 at current exchange rates] currently doesn't fit our brand," Bernhard Maier told the Automotive News Europe Congress in Monaco on Thursday. "The extraordinary purchase experience is not for free and the entry price is currently covered with the Boxster and in the future by the Macan." He said Porsche's plan to double sales won't compromise exclusivity.