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Michael Mauer appointed head of design at Porsche

Porsche AG has anounced the appointment of Michael Mauer to take over as chief designer from Harm Lagaay, who will retire on July 1 after 15 years in the post. Michael Mauer, 41, studied automobile design at Pforzheim University, and started his career at Mercedes-Benz. In 1989, he was appointed design project leader for the Mercedes V Class models, and was in charge of design work for the first SLK model generation.

Icon Helios: the Tesla Model S streamliner inspired by DC-1s

By Tim Pollard First Official Pictures 01 August 2014 07:04 US craft modders Icon have come up with an unusual take on the electric car: the new Icon Helios is a dramatically rebodied Tesla Model S inspired by streamliners and ‘30s aircraft. Better known for modifying Land Rovers and Jeeps, Icon CEO and lead designer Jonathan Ward has now turned his hand to a more futuristic idea - making electric cars truly desirable. The Icon Helios is the result.

GM's Henderson says no decision yet on bankruptcy

General Motors CEO Fritz Henderson said today the company has not decided whether to file for bankruptcy protection, but that preparations continue in case such an action is necessary. "We have until June 1, and if we can't do it between now and June 1 then we do it in bankruptcy," Henderson said during a morning teleconference with journalists. Still in his first month at the helm after the March 30 departure of CEO Rick Wagoner, Henderson said he wasn't sure who would make the decision.