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Ford's NA Design Director aims to shorten product lifecycles

Peter Horbury, Ford Motor Company North America Design Director, has told Automotive News he intends to shorten product lifecycles at the ailing company from an average five years to three years starting this decade. "We feel there is no value in minor changes but a huge value in major changes," Horbury told the industry weekly. Ford needs to ensure that buyers continue visiting showrooms as the giant automaker struggles to retain market share.

Whitacre leaving General Motors

UPDATED--Ed Whitacre is stepping down as General Motors Co. CEO on Sept. 1.

Car production increases again

THE SOCIETY of Motor Manufacturers and Traders (SMMT) said UK manufacturers built 91,282 cars in August, up 16.2%, or 12,705, on the same period in 2012, leaving year-to-date volumes 3.1% ahead of 2012, at 984,545. The figures showed 20,298 cars were made for the home market this year, up 21.1%, while 70,984 were for export, up 14.8%. SMMT chief executive Mike Hawes said: "The past 12-months has been one of the most productive since late 2008." Samuel Tombs, of consultancy Capital Economics, said the CBI figures showed the manufacturing sector "continuing to go from strength to strength".