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Penske calls off Saturn deal, brand will close
Wed, 30 Sep 2009IndyCar team owner and dealer magnate Roger Penske will not buy Saturn and the brand will be shuttered, General Motors said Wednesday. GM said Penske called off discussions after failing to line up more future products. Penske had been in talks with Renault for vehicles.
GM pays back government loans
Wed, 21 Apr 2010General Motors Co. said it has repaid the U.S. and Canadian governments $5.8 billion for loans that helped fund the U.S.
Who's Where: Pierre Leclercq is Great Wall's VP and design director
Wed, 25 Sep 2013Pierre Leclercq has been appointed vice president and head of design at Great Wall Motors. Splitting his time between the company's studio in Baoding, China, and a Shanghai-based satellite studio, he reports directly to chairman Wei Jianjun. In his role he‘s responsible for the design of the brand globally and leads a team of 130 designers in Baoding as well as 25 in the Shanghai studio.