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Exclusive: Derek Jenkins to become Design Director at Mazda

Derek Jenkins, former chief designer at the Volkswagen Group design studio in Santa Monica, will become the new Director of Design at Mazda's R&D Design Center in Irvine, CA. Jenkins, who resigned from Volkswagen on March 17th, will be filling the position previously held by Franz von Holzhausen, who left Mazda in August last year to become Design Director at Tesla Motors. "I'm excited to take on something new," Jenkins told CDN.

GM tipped to buy Tesla in 2014 - report

Tesla Motors Tesla has made a real splash in the electric-car scene, so it should come as no surprise that its success is generating renewed interest in the fledgling start-up. New media reports in the US suggest that one of America's biggest car makers, General Motors, is considering buying Tesla in 2014. Veteran auto industry analyst Yra Harris, of Praxis Trading, told CNBC that GM may make a bid for Elon Musk's electric vehicle (EV) specialist in the coming months.

Toyota readies dealer fix for faulty pedals

Toyota Motor Corp. is fine-tuning a dealer remedy for faulty accelerator pedals in 2.3 million recalled vehicles and aims to announce the fix as early as next week, a person familiar with the matter said. The procedure involves inserting a metal shim into a gap in the friction lever of the pedal.