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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.

F1: Back in the U.S.A. 2012

The F1 Grand Prix Circus returns to the USA in 2012 The Americans have never really fallen in love with Formula One in the way the rest of the world – and particularly the Europeans – have. They have plenty of race series of their own, many arguably more exciting. Which you would think would be a good enough reason not to worry too much about the lack of a US Grand Prix on the calendar since the last one in Indianapolis in 2007.

Ferrari World Design Contest 2011 enters second phase

The Ferrari World Design Contest, launched in collaboration with Autodesk, has just completed the first phase of its selection process. With entries from over 50 international design schools, the contest saw more than 200 projects arrive at the supercar manufacturer's studios in Maranello. Seven design schools have now been selected as finalists.