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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.

2015 Range Rover Sport SVR sets SUV Nurburgring lap record

Land Rover Land Rover claims that the 2015 Range Rover Sport SVR has set a new Nurburgring lap record for the fastest production 4x4, lapping the challenging German track in just 8 minutes and 14 seconds. First revealed at the 2014 Goodwood Festival of Speed last month, the Range Rover Sport SVR is a super-SUV, Land Rover’s fastest and most powerful production car ever. Range Rover Sport SVR: engine, power and performance Under the SVR’s bonnet is a tuned version of the regular Range Rover Sport V8’s 5.0-litre supercharged engine, tweaked to produce a colossal 550hp – a 40hp increase over the next most powerful model in the range.

Luxgen Luxgen7 MPV

Luxgen, Taiwan's first automotive brand, has revealed its first vehicle: the Luxgen7 MPV. With a more curvaceous aesthetic than what is typical of family haulers, the Luxgen7 MPV also features a high level of functionality across three rows of seats. Created under the direction of James Shyr, former Director of Design of GM's Global Design Leadership Team at PATAC, the new MPV has been specifically created not to look like a box.