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Ram brand created, Gilles to lead Dodge cars and Fong leaves in Chrysler shakeup

Chrysler Group has created a new brand called Ram for its trucks and named its top designer, Ralph Gilles, as CEO of Dodge cars. The new structure overhauls a setup announced in June as the automaker emerged from bankruptcy in an alliance with Fiat S.p.A. Michael Accavitti, who had led the Dodge brand, has "resigned to pursue other interests," the company said in a statement.

Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.

GM opens on Ebay

GM launches on Ebay today But GM is back as ‘New GM’, thanks to the US taxpayer. With a clean sheet and a desire to prove it’s fit to be a 21st century car maker, and is looking for new ways to shift its metal. And it’s decided that the world’s biggest boot sale is the way to go.