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Vauxhall: Ellesmere Port plant saved – 700 new jobs created
Thu, 17 May 2012Vauxhall Ellesmere Port - Saved General Motors is to keep Vauxhall’s Ellesmere Port open, move to three shift working and create 700 new jobs. The overcapacity of mainstream car manufacture in Europe as the market becomes ever more polarised between premium and budget cars – squeezing the middle – means car maker having to rationalise their output. Many thought that could mean the end of Vauxhall’s Ellesmere Port as GM sought to stem its European losses (around £2 billion in the last three years), especially as it is easier to close plants and lay off workers in the UK than in mainland Europe.
Energy Department recovers $21 million from Fisker to pay back loans
Tue, 23 Apr 2013The U.S. Department of Energy says it recovered $21 million in cash from struggling Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a U.S. program to spur advanced vehicle development.
Where is Kinetic Design headed?
Tue, 28 Sep 2010Martin Smith has been guiding Ford of Europe's design efforts since he was appointed to the position of Executive Design Director in 2004, coming straight over from an illustrious career at General Motors. During his tenure as Director of Design at GM Europe, Smith oversaw the Insignia concept car as well as much of the Opel range, including the acclaimed Astra. At Ford, Smith spearheaded the automaker's 'Kinetic Design' strategy and has since presented this vision in both concept and production car form.