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Who's Where: GM's new Asian and European design studio appointments

New additions have been made to the design management teams at General Motors, both in Asia and in Europe. Effective today (August 1), Friedhelm Engler begins his new role as Director of Design for the Pan Asian Technical Automotive Center (PATAC), based in Shanghai, China.  He is responsible for all design related activities in the joint venture between General Motors and the Shanghai Automotive Industry Corp. Group (SAIC).

GM sells Suzuki shares to raise emergency funds

By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.

Toyota Etios – teased ahead of India launch +video

The Toyota Etiso debuts in Delhi this week Toyota has been doing little teases on a new cheap saloon for emerging markets, and we know the plan is to launch the Toyota Etios on the Indian public on Friday (6th January). We also know that the Etios is Toyota’s cheap, mass-market car with which they hope to take on the current market leaders Suzuki (oh, alright, strictly speaking it’s Maruti in India – but it’s the same thing) and it’s going to get the 1.4 diesel out of the Yaris and probably a 1.2 petrol as well. The Etios will appeal to the rising wealth of middle-class India.