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UAW: GM, Chrysler may not need additional federal funds

UAW President Ron Gettelfinger said today that General Motors and Chrysler LLC may not need additional federal loans beyond the $17.4 billion approved by the White House. "If we can get by without more money, that's what we want to do," Gettelfinger told Automotive News in an interview at Solidarity House in Detroit. He said how well the money holds out will depend on sales volume this year.

Nissan opens new design studio in Beijing

Delayed by the deadly earthquake that hit Japan earlier this year, Nissan Motor Co.'s new design center in Beijing finally received a proper opening this week, when global design chief Shiro Nakamura showed off the studio as a new source of ideas for Nissan and Infiniti. Nissan Design China, as the Beijing-based center is known, "is not a studio to just generate ideas for China," Nakamura said in an interview with Car Design News. It's equipped to handle designs of show cars and production cars for both Nissan and Infiniti brands, aimed at customers in China, as well as around the world.

Porsche considering full factory F1, Le Mans teams

New Porsche CEO and president Matthias Muller is weighing up a review of Porsche’s motorsport activities – and claimed the sports car brand could re-enter Le Mans with a full factory team, or even F1. Muller was appointed on 1 October 2010 and has lots on his plate: he’s a VW veteran and is charged with integrating Porsche smoothly into the Volkswagen business empire as Wolfsburg ratchets up its ownership of Porsche. That integration includes motorsport, he told CAR at the 2010 Paris motor show.