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Whitacre named General Motors' permanent CEO
Mon, 25 Jan 2010Ed Whitacre, General Motors Co.'s chairman, will become the automaker's permanent CEO, it was announced on Monday. In a brief press conference, Whitacre, 68, said GM plans to pay back government loans to the U.S. and Canada by June.
Interior Motives Design Awards 2010
Fri, 01 Oct 2010As the doors closed to the press at the Mondial de L'Automobile in Paris, the world's top designers and automotive journalists gathered at the nearby Palais des Congrès d'Issy to watch a new generation of designers celebrate success at the 2010 Interior Motives Design Awards. Never before has the automotive industry been in greater need of fresh perspectives and innovation, and the students gathered here tonight provided both in spades - perhaps none more so than Kosin Voravattayagon of Sweden's Umeå Institute of Design, who walked away from the event with the Interior Motives Student Designer of the Year 2010 title and prize money totalling $5,000. Themed ‘Driving the Interior Revolution', this year's contest attracted entries from an incredibly diverse range of schools and nationalities - from Israel and Iran, to Slovakia and South America.
Mercedes-Benz recalls 85,000 vehicles for possible steering failure
Mon, 11 Oct 2010Mercedes-Benz will recall about 85,000 of its 2010 and 2011 vehicles for a potential power-steering failure, the company said on Monday. The models being recalled are the 2010 C-class and E-class sedan, coupe and cabriolet. The potential failure is caused by a loss of power-steering fluid.