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Chief engineer of Ford Focus quits to lead German yacht builder

Jens Ludmann, chief program engineer for Ford Motor Co.'s new Focus, is quitting the automaker to head a German-based maker of luxury yachts. Ludmann led a team at Ford's European base in Merkenich, near Cologne, Germany, that developed the Focus, the first car from CEO Alan Mulally's global One Ford strategy and flagship of the company's new range of global C-segment products. The German native, who joined Ford in 2000, will become CEO of Bavaria Yachtbau GmbH, effective Aug.

Hyundai teases new HCD-14 concept (2013)

Hyundai is no stranger to the coupé market and it plans to unveil another at the 2013 Detroit motor show next week - in the shape of the HCD-14.  No information regarding performance or pricing has been released yet, aside from a single teaser image, but a Mercedes CLS-type swooshing rear end won’t get any complaints from us. Hyundai HCD-14: the teaser    Hyundai says the HCD-14 'will give the automotive world a glimpse into future Hyundai premium vehicle design, advanced 3-D gesture-based technology controls, and spirited driving dynamics.' Standard concept car teasing twaddle, then. For the full story on the new Hyundai coupe, come back next week when we report live from the North American International Auto Show, aka the Detroit motor show.

Chevy and GMC pickup trucks pile up on dealer lots

General Motors entered December with bloated inventories reminiscent of its prebankruptcy days-and its lowest market share in 90 years. GM will try to fix both problems in a hurry. Dealers say the company has begun rolling out bigger discounts on many models, including the redesigned Chevrolet Malibu sedan and GM's full-sized pickups.