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Pininfarina takeover would boost Magna expertise in key areas
Wed, 24 Nov 2010Magna International Inc. would become a stronger competitor for design and development jobs if it takes over struggling car styling and engineering firm Pininfarina S.p.A., executives say. “Magna badly needs design competence, and Pininfarina has top staff,” said Paolo Tumminelli, CEO of Goodbrands GmbH, a brand and marketing consultancy based in Cologne, Germany.
Cadillac ELR – a Chevy Volt in posh clothes – confirmed
Thu, 18 Aug 2011The Cadillac Converj is going in to production as the Cadillac ELR When GM revealed the Cadillac Converj Concept at Detroit in 2009 it all looked very promising. But it came to nothing, despite rumours it was going in to production. But now it is going in to production, as the Cadillac ELR.
Fisker Automotive begins hiring blitz
Wed, 22 Jun 2011Fisker Automotive will hire 120 workers in the coming months to staff the former General Motors factory in Wilmington, Del., that will build Fisker's next plug-in hybrid sedan, due in 2013. Code-named Project Nina, the future car will join the plug-in Karma sedan in Fisker's lineup as the company expands its portfolio of premium hybrid cars. The Karma is launching this year, and production of the future sedan--expected to be priced at about $39,000 after government incentives--would begin late next year.