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GM names Stracke to succeed Reilly as CEO of Opel/Vauxhall

General Motors on Thursday named global engineering chief Karl-Friedrich Stracke to replace Nick Reilly as CEO of its money-losing Opel/Vauxhall unit, effective April 1. Stracke will report to Reilly, 61, who continues as the head of GM's European operations and will be nominated to chair the Opel supervisory board. Stracke, a German native, has led GM's global vehicle engineering operations for the past 15 months.

Tesla ‘drops’ entry-level Model S. But was it ever going to be available?

The 40kWh version of the Tesla Model S is being dropped by Tesla in the US, but we do wonder if Tesla ever had any intention of delivering it in the first place. Tesla’s big claim ahead of the arrival of the, very impressive, Model S – and a seemingly vital part of the US taxpayer funding Tesla to develop the Model S – was that they would deliver a car that cost under $50k, something the car industry thought impossible. But when the Model S was launched, Tesla did indeed have an entry-level model available with a 4okWh battery that was listed at $58,750 (taking it almost down to the $50k mark after the US taxpayer chipped in the EV bribe) so Elon Musk could, quite reasonably, claim Tesla had delivered.

Corvette-powered Karmas coming in 2014

VL Automotive, a Detroit venture backed by former General Motors' vice chairman Bob Lutz, is moving ahead with plans to convert Fisker Karma from hybrid power to Corvette power. Lutz told Automotive News on Thursday that the company has bought 25 unsold Karmas and has settled a dispute with an Asian investor that prevented VL from accessing the codes that operate the Karma's infotainment system. "Without getting those codes, it was close to impossible to get a working car," Lutz said.