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GM to cut 14% of global salaried workforce this year

General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.

College Exhibition: Elisava Design Degree Show 2004

Nov 26, 2004 - Graduating students from the Transportation Design Masters program at Spain's Elisava School of Design presented their work in the 2004 Degree Show entitled 'Mobility Techniques' held in July at the Mies van der Rohe Pavilion, in Barcelona. Go to Photo Gallery 120 photos The projects shown are based on a wide vision of transportation design and take into consideration mobility, aerodynamics, environmental impact, ergonomics, legislation, materials, production, security, technology and aesthetic principles. They also aim to provide strategic solutions of design that can generate a new commercial and brand potential for industry.

Mitsubishi revamps U.S. strategy

Mitsubishi plans a different U.S. model lineup and a new production strategy for its assembly plant in Normal, Ill., as it shifts emphasis away from regionally focused vehicles to global small cars, hybrids and electrics. Shinichi Kurihara, CEO of Mitsubishi Motors North America, says the company will launch four new models in the United States within three years, as four slow-selling U.S.-built vehicles are phased out of production by 2014.