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GM grants Saab a reprieve, CEO Henderson resigns
Wed, 02 Dec 2009By Tim Pollard Motor Industry 02 December 2009 15:51 The board of General Motors has granted Saab a lifeline – by extending the deadline for bids on its stricken Swedish patient to 31 December 2009. GM has been trying to sell Saab for the past year, and the Swedish car maker has been under court bankruptcy protection since February 2009.GM chief executive officer Fritz Henderson also announced he was to stand down. His interim successor is hard-nosed GM chairman Ed Whitacre – meaning that GM Europe and the US mothership have both lost their bosses in a matter of weeks.
2014 Camaro Z/28 boasts slick aero tricks
Tue, 26 Nov 2013When the Chevy Camaro Z/28 was unveiled last spring at the New York auto show, we were told how Chevy took stuff out to lighten the car. Trunk carpet and interior sound-deadening material are jettisoned, the sound system has but one speaker, the rear glass is thinner and so on. Despite the decontenting, it turns out the Z/28 is no stripper, at least in terms of aero technology: Chevrolet says the 2014 Camaro Z/28 manages airflow “like few other production vehicles, generating downforce like a race car.” Delving into the hyperbole reveals numerous exterior modifications designed to improve not just aerodynamics, but powertrain and brake-system cooling, as well.
Chrysler to close Pacifica Advanced Design Studios
Sun, 09 Mar 2008The 20 designers at Chrysler's Pacifica Advanced Design Studios in Carlsbad, California will soon be finding themselves out of a job. The struggling North American automaker announced the closure of the facility on Friday, stating that the company is ‘leveraging resources worldwide, forming new joint ventures and alliances and consolidating operations in order to better achieve global balance.' Responsible for many of the more successful designs hailing from Chrysler in recent times, including the Chrysler 300 sedan and the new Dodge Challenger musclecar, the Pacifica Advanced Product Design Center also yielded the Nassau concept car and the Pacifica crossover – bearing the same name as the west coast studios in which it was created. The work done at the Pacifica Advanced Design Center will be consolidated into the Advance Design function in Auburn Hills and continue to be led by Senior Vice President of Design, Trevor Creed.