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Newbury Park, California, US
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Tata NOT bidding for Saab – but Mahindra are
Wed, 07 Mar 2012Tata may not want Saab - but Mahindra do. Despite claims that Tata have placed a bid for Saab, Ratan Tata has said they have not but confirms Mahindra has. Yesterday, in the midst of all the news coming in from Geneva, we heard rumours that Tata had placed a bid said to be worth $350 million for Saab.
Interior Motives China Conference 2010: Day 2
Fri, 23 Apr 2010Session 5: Color and Trim On the second day of the conference, Andreas Wlasak, Vice President of Industrial Design at Faurecia, opened proceedings by announcing that the company plans to open a design studio in Shanghai this year. "A design centre in Shanghai – a new place in China for 2010 – this is a commitment," he declared. Wlasak then asked what OEMs should look for in terms of visualizing the concept of ‘green' design inside the vehicle interior: "OEMs might look for 'visual' green – how can you make it visible that the vehicle is efficient and reducing CO2?" He believed real wood is one likely way of achieving this, as people want to feel natural surfaces, and he also envisaged translucent surfaces playing a key role in years to come.
Fisker to face Congressional committee probe
Wed, 24 Apr 2013Henrik Fisker's congressional testimony on Wednesday before the House Oversight and Government Reform Committee will paint the automaker he founded as a victim of "a confluence of events" and as a still-salvageable enterprise. Fisker, who resigned from Fisker Automotive on March 13, is among the automaker and government representatives scheduled to appear before Congress to answer questions regarding $193 million in Department of Energy loans made to the company. Fisker Automotive has appeared to be on the brink of filing for bankruptcy for the past few weeks.