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Volteis teases Philippe Starck-designed electric car

Electric vehicle manufacturer Volteis has released a teaser of its latest car set to debut at the Geneva motor show, designed by Philippe Starck It has been confirmed that Starck, better known for his product and furniture design, would unveil the ‘V+ by Starck' at the show's Green Pavilion. The teaser indicates that the V+ will retain the basic shape of Volteis' X2 and X4 models, which have a range of 60 kilometers. Starck said, "I wanted to offer an alternative.

Porsche CEO likely to bow to pressure to leave, report says

Porsche CEO Wendelin Wiedeking is likely to bow to pressure from the Porsche family to step down, a German newspaper report said on Wednesday. Business daily Handelsblatt said that the two parties had already reached agreement that the chief executive should go and that a formal decision could come by Thursday, when the company's supervisory board meets. The newspaper also said, however, that Wiedeking would fight to keep his job.

Jaguar Land Rover drops plans to close one of three England plants

Jaguar Land Rover said Friday it no longer plans to close one of its three auto plants in England after reaching an agreement with trade unions. The automaker, which Ford Motor Co. sold to India's Tata Motors in 2008, said it would be significantly increasing the number of models in its range and creating thousands of jobs over the next decade.