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GM moves Nesbitt back to design group in management shake-up

General Motors has made big changes to its top management structure, splitting apart its sales and marketing activities and naming new bosses for each discipline. The goal is to reduce layers of management under Mark Reuss, GM's president for North America. Among the key changes: -- Designer Bryan Nesbitt, who was made chief of the Cadillac brand last fall, is going back to the design group.

Honda FCEV hydrogen Concept teased for Los Angeles Auto Show

Honda FCEV hydrogen Concept teased for Los Angeles Auto Show Car makers are all starting to vie for a piece of the hydrogen-powered market for road cars that is starting to develop, and Honda is now joining the fray with the Honda FCEV Concept. The Toyota FCV has already been revealed as debuting at the Tokyo Motor Show and now Honda are in on the act with their own FCEV heading for a debut at Los Angeles later this month. Honda say the FCEV Concept previews a 2015 production model for the US and Japan – and other markets later – and comes more than a decade after Honda first started leasing hydrogen fuel cell cars to a handful of fleet users.

Fisker goes to China's Wanxiang

China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.