Auto News 5

Porsche AG has named Lutz Meschke as its new finance and purchasing chief. He succeeds Holger Haerter who quit in July when the sports car company's bid to take over the much-larger Volkswagen AG failed. Full story...

After five months of near silence on the marketing front, Chrysler Group is roaring back with a new attitude. The automaker is ratcheting up advertising this quarter and plans to do so in each of the next two years, CFO Richard Palmer said. Full story...

Opel's top German labor leader said on Sunday he is willing to hold negotiations over a restructuring of the European carmaker under its parent General Motors Co. as long as it gains greater independence. Full story...

A report in London's Sunday Times over the weekend suggests that outgoing GM Europe chief Carl-Peter Forster could be heading for a role as head of Tata-owned Jaguar Land Rover (JLR) 'within the next few months'. Full story...

The automobile sector may be one of the most globally integrated manufacturing industries on the planet, but national governments (or continental bodies in Europe) still hold sway regarding regulation. As part of a management briefing exclusively available to just-auto's members, we examine the environmental legislation impacting on the auto sectors in the US, the EU, Canada, Japan, South Korea, India and China. Extracted here is the section on South Korea. Full story...

Carl-Peter Forster, who quit as head of General Motors Europe on Friday, is due to take charge of Jaguar Land Rover, newspaper reports said. Full story...

Carl-Peter Forster, who quit as head of General Motors Europe on Friday, is due to take charge of Jaguar Land Rover, the Sunday Times newspaper said. Full story...

European carmaker Opel needs to be able to operate with more freedom from its U.S. parent General Motors Co., a top executive at spurned suitor Magna International Inc. said in a newspaper interview on Sunday. Full story...

The global car market has bottomed and is on track for 60 million units sales next year, aided by the United States, Carlos Ghosn, who heads Japan's Nissan Motor Co. and France's Renault SA, said on Sunday. Full story...

GM probably will stick to a plan to cut costs at Opel by 30% after deciding to restructure the European subsidiary itself rather than sell it, Bob Lutz, a GM executive set to become Opel's chairman, said. Full story...

Jaguar launched the fourth-generation XJ at the Saatchi Gallery in London in July. Full story...

General Motors Co.'s decision to scrap the sale of Opel rests on the carmaker's calculation that the hole in its European unit's finances is not as deep as previously feared. Governments should welcome the lower demands on taxpayers with open arms. Full story...

General Motors Co.'s decision to scrap the sale of Opel rests on the carmaker's calculation that the hole in its European unit's finances is not as deep as previously feared. Governments should welcome the lower demands on taxpayers with open arms. Full story...

What is it? Full story...

Former Continental AG CEO Manfred Wennemer resigned from the Opel in protest against the constant interference by politicians in Germany surrounding planned sale of Opel. Full story...

Former Continental AG CEO Manfred Wennemer resigned from the Opel in protest against the constant interference by politicians in Germany surrounding planned sale of Opel. Full story...

Former Continental AG CEO Manfred Wennemer resigned from the Opel in protest against the constant interference by politicians in Germany surrounding planned sale of Opel. Full story...

After Kyle Busch ran out of fuel with less than three laps to go at Texas Motor Speedway older brother, Kurt Busch, just smiled and cruised to his second win of the year. He drove his Dodge in a reverse victory lap to celebrate his first win in 29 races. His almost 26-second margin victory was the largest since 1993. Full story...

After Kyle Busch ran out of fuel with less than three laps to go at Texas Motor Speedway older brother, Kurt Busch, just smiled and cruised to his second win of the year. He drove his Dodge in a reverse victory lap to celebrate his first win in 29 races. His almost 26-second margin victory was the largest since 1993. Full story...

Veteran driver Mark Martin has finished second in the Sprint Cup standings four times already in his career (1990 and 1994 to Earnhardt, 1998 to Gordon and 2002 to Stewart). If he was one day disappointed by such result, he ensures he sees things differently today. Full story...