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Saab reportedly bought by Chinese-led consortium

A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.

Jaguar shuffles executives as it goes for growth (2013)

Jaguar-Land Rover has a new engineering boss and product delivery enforcer, as it gears up for an unprecedented new model push. Announced today and effective from 1 August 2013, Dr Wolfgang Ziebart becomes group engineering director, replacing Bob Joyce who moves into the new role of product creation and delivery director. Ziebart worked in R&D at BMW for 23 years, before moving onto key suppliers Continental and semi-conductor maker Infineon.

Whos Where: Peter Schreyer to head Kia Design

In what's regarded as a major boost for Korean car maker Kia, it has been confirmed that Peter Schreyer will be moving from Volkswagen AG to lead Kia's global design operation. Schreyer will oversee the design activities of the company's regional design centers in Frankfurt, Los Angeles and Tokyo as well as the Namyang Design Center in Korea. While Schreyer's move to Kia comes across as a big surprise for many within automotive design circles, his departure from Volkswagen doesn't.