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Hyundai rules out separate premium brand

Hyundai Motor Co. has ruled out spinning off the Genesis or Equus nameplates to create an independent premium brand along the lines of Lexus or Infiniti, partly because of the enormous cost involved and possible image damage to sibling nameplates. "There are no plans for Hyundai to make a separate brand," Vice Chairman Shin Jong-Woon said in an interview Friday at the carmaker's headquarters in Seoul, South Korea.

Embattled Wagoner forced to quit as GM boss

By Ben Pulman Motor Industry 30 March 2009 11:34 Rick Wagoner has been forced to step down as General Motors chairman and CEO by US President Barack Obama, as a condition of the beleaguered automaker continuing to receive state aid. Wagoner was meeting with US government officials on Friday when the request was made for him to ‘step aside’. Wagoner had been GM president and CEO since 2000, and chairman since 2003 – his resignation ends a 31-year career with a company.

Mazda Shinari concept car (2010) first official pictures

Mazda's new design direction is embodied in the new Shinari concept car. Modeled to announce to the world the new styling language of future Mazda road cars, the Shinari ushers in a new look to replace the somewhat tortured Nagare mantra that has fizzled into a damp squib on the sides of the latest Mazda 5 midi-MPV. The Shinari won't be shown at the 2010 Paris motor show (apparently it's being held back for a 2011 Geneva debut), yet this is a landmark concept for Mazda design, under the new leadership of chief design Ikuo Maeda.