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Magna gets Vauxhall and Opel

Canadian parts maker Magna takes control of Opel and Vauxhall The German Government is to supply funding of €1.5 billion to help the new Opel/Vauxhall operation to finance the transition. The news hasn’t come a moment too soon, as the US Government had given GM only until Monday to resolve the issue before the likely bankruptcy of GM. The Opel/Vauxhall operation will now be ring-fenced from the insolvency of its former parent in the US and will become ana entity in its own right.

Steve Mattin appointed Design Director at Volvo Cars

 Volvo Car Corporation has appointed British designer Steve Mattin as Vice President and Design Director, who joins the company on 1 May following a long career at DaimlerChrysler, where he is currently Senior Design Manager with several major design projects under his responsibility. Steve Mattin is well respected in the automotive design community, and has a real passion for premium cars, which he has proved during his 17 years at DaimlerChrysler. Steve will report to Volvo Cars President and CEO, Hans-Olov Olsson as well as J Mays, group vice president of Design and Chief Creative Officer of Ford Motor Company.

2012 Mercedes SL – the aluminium supercar

2012 Mercedes SL - it's got a lot of aluminium It’s perhaps a step too far to describe the 2012 Mercedes SL as an aluminium supercar, but there is no doubt the 2012 SL will be a super car, and that it gets made from aluminium instead of steel. And the 2012 SL 63 AMG will undoubtedly be in the supercar league. Just like Jaguar, Mercedes sees the liberal use of aluminium as a cost-effective way to make its cars both lighter and more rigid.