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Carl-Peter Forster a candidate to lead Jaguar Land Rover

Jaguar Land Rover is parting company with its chief executive, David Smith, potentially clearing the way for former Opel and BMW boss Carl-Peter Forster to take control. Forster has been linked with a senior role at Jaguar Land Rover for some months. Executives at Indian automaker Tata Motors, which bought the British brands from Ford in 2008, were rumored to have been taking soundings on whether Forster was the right man for job.

SEAT IBX Concept: SEAT compact softroader leaks ahead of Geneva

SEAT IBX Concept With Geneva all but here, there isn’t much left to find its way our from car makers’ little box of secrets. But we have one more for you – the SEAT IBX Concept. You might question why SEAT would be producing a compact crossover/SUV concept when its last offering  - the SEAT Tribi – came to nought.

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.