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GM puts Girsky in charge of Europe operations

General Motors has put vice chairman Steve Girsky in charge of its troubled European operations, replacing Karl-Friedrich Stracke. GM said that Stracke will handle special assignments from chairman Dan Akerson. GM said Girsky will serve as "acting head" of its European operations while it searches for a replacement executive.

Jaguar’s XE Launch Exceeds All Expectations

AT a glittering launch event in London Jaguar treated the assembled media to a succession of theatrical and musical acts ahead of the main event – the long-awaited unveiling of its new XE compact executive saloon. The new car is a big deal for Jaguar, as it allows the Brit car maker to go head-to-head with the likes of BMW, Audi and Mercedes in the fiercely competitive compact executive market. Jaguar’s XE is tasked with showcasing a range of new technology that’s expected to be rolled out to other models in the coming years.

Saab struggles with bills – Vladimir says it’s all fine

The Saab production line grinds to a halt as components run out I think we all hoped that after the long, painful transition from GM ownership in to new hands at Spyker that things would settle down and Saab would get back to making cars instead of headlines. But it seems not. Just a few days ago we had news that lifetime Saab man and CEO of Saab Jan Åke Jonsson is to step down in May, together with the news that Saab lost €140 million in 2010.