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GM to keep GMC, Pontiac, exec says

A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac. Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign. "The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.

Audi A3 1.6TDI announced

The Audi A3 1.6TDI - one of a range of A3s featuring the new 1.6 litre diesel from Audi Audi has announced that they are introducing a new 1.6 litre common rail diesel engine across the A3 range, which will oust the old A3 1.9TDIe and the A3 and Cabriolet 1.9 TDI. The new engine offers the same 104bhp as the old 1.9 litre unit, but manages to improve economy by over 8% to 68.9mpg and cuts CO2 to 109g/km. The new A3 gets stop-start and energy regeneration to achieve the same performance and power from the smaller engine.

More executive upheaval as GM changes CFO

Chris Liddell, the onetime executive hotshot hired from Microsoft and rumored to be a candidate for CEO, is leaving General Motors on April 1. The 52-year-old will be replaced by Dan Ammann, 38, who is GM’s treasurer. Liddell oversaw GM’s historic return to the stock market last year after its 2009 bankruptcy.