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GM disbands unit that creates high-performance vehicles

General Motors, focusing on mainstream products in a battle to survive, has scrapped a unit that produced high-performance vehicles. GM on Wednesday disbanded High Performance Vehicle Operations, which is based at the company's suburban Detroit technical center, and redeployed its engineers, spokesman Vince Muniga said. "All high-performance projects are on indefinite hold," Muniga said.

Hybrid Cars are like Mermaids: Carlos Ghosn

A Hybrid is like a Mermaid. I can’t say it’s an analogy we’d ever considered before. But the quote that “A hybrid is like a mermaid: if you want a fish, you get a woman; if you want a woman, you get a fish.” is attributed to Carlos Ghosn, Nissan’s CEO.

Opel design boss dismissed

Newly appointed Opel design boss Dave Lyon has been dismissed by parent company General Motors, less than a week before he was set to take over the position at the company's troubled European subsidiary in Russelsheim, Germany. Lyon, who was set to receive Opel's design operations from current boss Mark Adams on Aug. 1, was reportedly escorted from GM design headquarters in Michigan late last week under mysterious circumstances.