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GM closes UK Advanced Design Studio
Tue, 09 Aug 2011CDN has learnt that General Motors is closing its UK Advanced Design Studio as part of its ongoing restructuring program. Clay Dean, GM's executive director of advanced global design and Cadillac's brand director, arrived at the studio on 4 August to announce the closure to staff. The UK studio, which opened in 1999, was predominantly involved in the creation of Cadillac concept cars and was originally planned to be a short-term confidential operation as the smallest of GM's design studios.
Ford Everest concept
Tue, 13 Aug 2013Ford has unveiled its new Everest SUV concept at a Go Further event in Sydney, Australia. It's set to challenge other cars such as Holden's Colorado 7 and the Mitsubishi Challenger. Created by Ford's Australian design and production development team, the concept – a seven-seat version of the Ranger ute (pickup) – previews an SUV that's likely to be on sale within the next two years.
Saab's finance struggle: the latest news
Fri, 13 May 2011Time appears to be running out for Saab, which hasn't built a single car since 1 April. And the hunt for new investors intensified this week as a deal worth more than £100 million with a Chinese partner collapsed. Trollhattan factory has been idle since 1 April, halted by cashflow issues which saw suppliers withold parts in response to unpaid bills.