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Opel product chief Weber quits to take job with yet-unnamed rival

Frank Weber, the German-born engineer who helped lead development of the Chevrolet Volt and Opel Ampera hybrids, is leaving General Motors' Opel unit to work for an as-yet unnamed competitor. Weber has been Opel's product chief since November 2009. His departure was reported Thursday by Automotive News Europe and confirmed by company sources.

Audi Q5, Skoda Yeti, & Abarth 500 are the UK’s lowest depreciating cars

Audi Q5 - the UK's least depreciating car The key to low-cost motoring has more to do with depreciation than running costs, so pick an Audi Q5, Skoda Yeti or Abarth 500. The difference in residual values of cars after three years can have a huge impact on motoring costs. A £15k car that has strong residual values – like the Audi Q5, Skoda Yeti and Abarth 500, identified as the UK’s lowest depreciating cars by CAP (and published by Auto express) – could be worth as much as £10k after 3 years and 30,000 miles.

Concept Car of the Week: Matra Laser (1971)

Founded in 1937, French company Matra began its activities by manufacturing military equipment such as aeronautics and weaponry. In the mid ‘60s, under Jean-Luc Lagardere's ambitious direction, the company bought Automobiles Rene Bonnet to expand its portfolio with street and racing cars. The first model solely developed by Matra was the bonkers, but brilliant, 1967 M530, which took its name from the company's surface-to-air missile the R530.