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- GM's Stracke steps down as Europe chief; Girsky named interim head
Opel's Karl-Friedrich Stracke stepped down from his position as CEO of the embattled European carmaker to take on "special assignments," where he will report to General Motors CEO Dan Akerson.
Переслать - Volvo testing three new safety features
Volvo is touting three new technologies that it says will help make the Volvos of the future a good deal safer: autonomous driving, 'Intersection Support' and animal detection.Переслать - GM to bring most information technology work in-house
General Motors, a pioneer in outsourcing information technology, said it is beginning to reverse that trend with plans to at least double the number of in-house IT experts over the next three years.Переслать - Peugeot cuts 8,000 jobs to end losses, says it will shut plant
French automaker PSA Peugeot Citroen, an alliance partner with General Motors, announced 8,000 job cuts and a plant closure as it struggles with mounting losses, a move that could spark more restructuring and political tension in austerity-strapped...Переслать - De Tomaso chairman arrested during probe into misuse of public funds
The chairman of Italian sports car maker De Tomaso, Gian Mario Rossignolo, and two other men were arrested in a probe into the misuse of 7.5 million euros ($9.2 million) of public funds, Italy's tax police said today.Переслать - GM unlikely to share Volt's green tech with Peugeot
Cutting-edge technology in greener cars like General Motors' Chevy Volt and PSA Peugeot Citroen's 3008 HYbrid4 is unlikely to be shared in the alliance between the two firms, an executive from GM's Opel unit said today.Переслать - Hyundai's looming first strike since 2008 imperils momentum
For Hyundai, Moon Yong Moon's labor protests during the 1990s became such a nuisance that South Korea's largest carmaker laid him off three times. The strategy didn't work.Переслать - India's Mahindra says it halted development plans for U.S. pickup
India's Mahindra and Mahindra has halted development work on a pickup truck aimed at the U.S. market, the company said today, following legal disputes and failure to win needed certification.Переслать - Study predicts dramatic decline in lithium ion battery costs
The price of automotive lithium ion batteries is expected to fall dramatically by the end of the decade and even further by 2025, according to a McKinsey study released today.Переслать - Chevy's 'Love It or Return It' campaign echoes similar programs in 2009
To use a football metaphor, trick plays are great but how many times can you go to the same playbook? General Motors is about to find out.Переслать
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