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AutoWeek Design Forum: McLaren evolves with carbon fiber

McLaren Automotive design boss Frank Stephenson detailed his company's transformation from strictly racing to producing road-going models on Thursday at the AutoWeek Design Forum. McLaren is launching the highly anticipated MP4-12C this year, and the company has been hard at work refining the use of carbon fiber, which it pioneered in the iconic McLaren F1. The company cut the amount of time required to design a carbon-fiber tub from 3,000 hours for the F1 to a mere four hours for the MP4-12C.

BMW delays X3's U.S. launch to push custom orders

BMW is delaying the U.S. introduction of the redesigned X3 to launch a system designed to encourage buyers to custom-order the crossover to their specifications, says Jim O'Donnell, president of BMW of North America. The delay could put the X3 in U.S.

GM cancels Opel Vauxhall sale to Magna

By Tim Pollard Motor Industry 03 November 2009 22:59 General Motors tonight surprised the world by pulling its proposed sale of its European division – Opel and Vauxhall – to Magna. In a dramatic U-turn, Detroit said 'an improving business environment for GM over the past few months' had made it reappraise its spin-off plans.The 11th hour switch means that GM will still retain full ownership of Opel and Vauxhall, which will now 'be restructured in earnest'. Canadian parts giant Magna had won the race to buy a controlling stake in GM Europe, as a newly relaunched Detroit sought to shore up its finances.