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BMW poaches designer from Mercedes-Benz
Tue, 14 Dec 2010Karim Habib is returning to BMW to take over as head of exterior design, the automaker announced on Tuesday. Habib spent the first 10 years of his career at BMW. During that time he was responsible for designing the exterior of the current BMW 7-series and the Concept CS.
Russian tech entrepreneur buys EV maker Think
Mon, 25 Jul 2011Norwegian electric-car maker Think Global AS, which filed for bankruptcy in June, has reportedly been bought out by a global technology entrepreneur. New owner Boris Zingarevich currently runs investment operations based in St. Petersburg, Russia.
Burnin' for You: Porsche Cajun gets the green light for production
Mon, 29 Nov 2010The Cajun is a go. Porsche will continue to pepper the SUV market with a new entry below the successful Cayenne, and the Cajun is expected to launch in North America in 2013. Porsche's supervisory board instructed the company to develop plans for production in a meeting on Monday.