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BMW hires former General Motors EV expert Weber, sources say

BMW AG has hired former Opel product chief Frank Weber, sources at both companies told Automotive News Europe. It's a move that gives the world's leading luxury carmaker a huge boost in electric vehicle expertise as Weber was the lead engineer for the Chevrolet Volt plug-in hybrid. BMW plans to launch its i3 full-electric car and its i8 plug-in hybrid in 2013.

Maybach reaches end of the line

Daimler AG is set to announce the closure of its Maybach ultra luxury brand this weekend, according to reports. The underperforming 57 and 62 limousines are to be killed off in 2013, following a decision from chairman Dieter Zetsche who has elected not to invest in their respective replacements for 2014. Following a concept car preview at the 1997 Tokyo motor show, Maybach was resurrected in 2002 after Daimler AG failed to purchase either Rolls-Royce or Bentley from then owners, Vickers.

General Motors' R&D chief Larry Burns, PR boss Steve Harris set to retire

General Motors, following through with plans to shake up management after exiting bankruptcy, said r&d chief Larry Burns and public relations boss Steve Harris will retire. Burns, 58, will be replaced by Alan Taub. Harris, who came out of retirement more than three years ago, will yield his job to Chris Preuss, 43, vice president in charge of General Motors Europe communications.