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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.

Koenigsegg backs out of deal to buy Saab

Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.

USA, UK & Germany will be top markets for the new BMW i8. You don’t say?

The BMW i8 (Pictured) will sell best in US, UK & Germany In a case of stating the obvious in a bid to keep interest in the BMW i8 high ahead of its debut at Frankfurt next month, Hendrik Wenders – the i8 product manager – has declared the biggest market for the BMW i8 will be the USA. As America is already BMW’s biggest market place, that’s not entirely a shock, and nor is the news that the UK and Germany will be the biggest markets in Europe. After all, they’re the only major economies in Europe without huge falling markets for cars.