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Production output decline slowing

By Alex Michaelides Motor Industry 24 July 2009 12:09 It appears there may be some light at the end of the tunnel for ailing car manufacturers as the most recent vehicle production figures are released. The data, presented by the Society of Motor Manufacturers and Traders (SMMT), show that, while production levels are still on the decline, the pace at which they are declining is slowing. Car production figures for June 2009 are still down by 30.2% compared with this time last year, however this is an improvement on the 50.2% by which production is down so far this year.

GM technology chief Tom Stephens to retire

Tom Stephens, GM's vice chairman, chief technology officer and former head of global product operations, will retire on April 1 after a 43-year career with the automaker. His successor will be named later, GM said Sunday. Stephens, 63, has served as GM's chief technology officer--a new position--since Feb.

Hyundai Veloster Turbo arrives at Detroit

Hyundai Veloster Turbo - US spec arrives at Detroit The Hyundai Veloster Turbo has debuted at the Detroit Auto Show with more aggressive looks and 201hp from its 1.6 litre Turbo. The Hyundai Veloster Turbo that’s now arrived at the Detroit Auto Show – after a small leak of Veloster Turbo pictures this morning – may not be exactly the same as the Veloster Turbo we’ll get in the UK (more on that in a moment), but it’s close enough to give us a good idea of what the Turbo will add to the Veloster equation. We already like that the Veloster has character, and we very much like that the Veloster Turbo gets enough power to match its looks.