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Kia Motors appoints Peter Schreyer as President

Kia Motors has appointed the man who changed their design – former VW man Perter Schreyer – as President. When Peter Schreyer left VW in 2006 after a sparkling career that saw him establish the Audi design philosophy – still a hallmark of Audi design – to head up design at stodgy Kia, many in the industry thought it an odd move. But Peter Schreyer seemed keen to prove his worth after VW had passed him over to head up their new design studio, and Kia offered the prospect of turning a budget brand in to a mainstream force with cutting edge designs and, it would seem, a pretty free hand to do what it would take.

Cadillac ATS (2012) compact exec unveiled at Detroit show

Cadillac took the wraps off the new compact Caddy, the ATS, at an event on the eve of the 2012 Detroit auto show. The new Cadillac ATS is essentially a BMW 3-series rival meeting all the design and engineering criteria of the larger Cadillacs. Cadillac ATS: what's new The ATS is like a baby CTS - the Art and Science design credo has been upheld, with sharp creases and pressed body surfacing to give it the Cady look.

General Motors reportedly close to selling Hummer for $150 million

General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.