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Chrysler Shakes Up Design Leadership

A recent shuffle of Chrysler Group's design team could be just what the company needs to effect a quick turnaround after bankruptcy, industry analysts say. The automaker has promoted three men from within to head design for its Chrysler, Dodge and Jeep brands. These freshly created positions - part of a broader restructuring effort - will report to Ralph Gilles, senior vice president of product design.

BMW's new 5-series next for hybrid power

The new BMW 5-series being launched this winter is likely to be the next BMW to receive the ActiveHybrid system pioneered on the petrol-electric 7-series and X6 models. BMW engineers admit they can't rely on sales of the pricey hybrid 7-series and X6 to justify the development costs, even though these range-topping halo hybrids were jointly developed with Daimler and GM. Senior sources have indicated that the new 2010 5-series will be the next BMW to get an ActiveHybrid model.

Going, going, gone: Ford sells Volvo to Geely

Little more than a year ago, the name Geely would happily slip under the radar of most. Today, the Chinese company completed its purchase of Volvo from Ford. Geely stumped up a $1.3 billion in cash for the Swedish brand and issued a $200m note.