Tracor Ta 7880 Control Display Unit Aerospace 0001-001 on 2040-parts.com

Who's Where: Lorenzo Ramaciotti appointed Chief of Design for Fiat Group

Starting June 1, 2007 Lorenzo Ramaciotti will become the new Group Chief of Design at Fiat Group Automobiles. Ramaciotti was snatched up by Fiat CEO Sergio Marchionne and convinced to head the company's design direction, filling a newly created position that hasn't previously existed at Fiat. Lorenzo Ramaciotti, who retired from Pininfarina in June 2005 after working for the famed coachbuilder for 32 years, will be responsible for all the Fiat Group brands, including Alfa Romeo, Lancia and Maserati.

GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.

Caterham F1 unveils its 2012 challenger

It's that time of the year when all the new 2012 F1 cars are unveiled. In the next fortnight, most of the major Formula 1 teams will announce their new race cars ready for the 2012 F1 season. The rules are changed, so are the cars.