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Akerson Tackles GM Structural Overhaul
6/12/2012CEO Dan Akerson tells The Wall Street Journal he intends to redraw General Motors Co.'s organization chart to replace regional units with global functional chiefs.
Carmakers Flock to Apple’s Siri Voice Control System
6/12/2012Apple Inc. says at least eight carmakers plan to use the company's Siri voice control technology in their vehicle entertainment systems within the next 12 months.
Car Hauler Allied Systems Files for Bankruptcy
6/12/2012Creditors of Allied Systems Holdings Inc. forced the Atlanta-based vehicle transporter and 18 U.S. and Canadian subsidiaries into Chapter 11 protection on Sunday.
Rights to Saab Name May Be Final Hurdle to Buyout
6/11/2012The last remaining major obstacle to the sale of Saab Automobile to a Sino-Japanese consortium is obtaining rights to the Saab brand name and logo, says Bloomberg News.
Aston Martin Prepares to Replace DBS Coupe
6/11/2012Aston Martin Lagonda Ltd. tells Bloomberg News it will replace its iconic DBS supercar model with a next-generation car similar to a prototype it showed in Italy last month.
Bosch Breaks Ground on European R&D Center
6/11/2012Robert Bosch GmbH has broken ground for a $160 million research and development center in Renningen, Germany, that will contain 14 buildings on 247 acres.
GM Board Expects Opel to Close Plant in Europe
6/11/2012General Motors Co. directors say they are pleased with the performance of CEO Dan Akerson, Bloomberg News reports.
GM Board Praises CEO Akerson
6/11/2012General Motors Co. directors say they are pleased with the performance of CEO Dan Akerson, Bloomberg News reports.
North American Auto Output Jumps 28%
6/11/2012Automakers boosted production of light vehicles in North America to 1.4 million units last month compared with 1.1 million in May 2011, according to Automotive News.
Porsche SE May Sell Sports Car Unit Tax-Free
6/11/2012Porsche Automobil Holding SE has found a way to sell its remaining 50.1% stake in its Porsche AG sports car unit to Volkswagen AG without triggering a €1.5 billion tax bill, WirtschaftsWoche reports.