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Who's Where: Verena Kloos named President of DesignworksUSA
Thu, 10 Jun 2004DesignworksUSA, the California-based international strategic design consultancy owned by BMW Group, has announced that Verena C. Kloos has been named President of DesignworksUSA. In this position, she will oversee the company's day-to-day operations and strategic direction.
BMW and Toyota announce diesel-engine, green-technology tie-up
Thu, 01 Dec 2011BMW and Toyota Motor Corp. said they will work together on green car technologies including the joint development of lithium-ion batteries. BMW will also supply diesel engines to Toyota in Europe as part of the tie-up.
Saab finds a buyer
Wed, 13 Jun 2012Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.