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Get ready for the New GM

Unless there is some sort of major, unforeseen hiccup, the sale of General Motors' assets--creating a new company--is expected to close Friday. The new GM will be 60.8 percent owned by the U.S. Treasury.

Jaguar Land Rover lands Nokia's Damien Dinning

Jaguar Land Rover has acquired the services of Nokia's chief imaging head Damien Dinning, who it hopes will advance its connected car systems. Dinning, who has been with the Finnish technology giant since 2004, took the decision to leave because of his reluctance to relocate his family from the UK to Finland. In an open letter published on PureViewClub he said, "My experience in telecoms and smartphones provides me with a great opportunity to make a difference in a company whose own development is inspiring at a time of great change.

Toyota's global design chief Tokuo Fukuichi appointed president of Lexus

Toyota's global design chief Tokuo Fukuichi will be the first designer to sit on the company's board of directors when his appointment comes into effect on 1 April. Fukuichi will retain his position as global head of design for the Toyota, Lexus and Scion brands and will join the board after the general shareholders' meeting. His influence on Toyota's design direction over the last few years has been noticeable, particularly with Lexus, as the company strives to make its traditionally very conservative products a little more exciting.