Several U.S. investments funds, including Elliott Associates, Glenhill Capital and Perry Partners, have filed a lawsuit against the German car manufacturer Porsche, as reported by The Wall Street Journal yesterday (27.01.2010). The funds are seeking to recover more than $1 billion in losses related to Porsche’s takeover bid for the Wolfsburg-based Volkswagen company. The ......read more

Rolls-Royce Motor Cars announced today (25.01.2010) the appointment of Quill Motorcars Sdn Bhd as its authorised dealer in Kuala Lumpur, Malaysia. The opening of the new show-room in Kuala Lumpur comes only a few weeks after Rolls Royce canceled its dealer-ship agreement with the Bavarian Auto Group (BAG) in Cairo, which in-spite of that is still advertising and announcing that they ......read more

Rolls-Royce Motor Cars has today (21.01.2010) announced that Torsten Müller-Ötvös will join the company as its Chief Executive Officer. He will assume the role at the end of March 2010 from Tom Purves, who will retire after 25 years service with the BMW Group. During his more than 20 years with the Group, Torsten has held a number of management positions in the Sales and ......read more

Columbian superstar Shakira and SEAT have signed a collaboration agreement which sees the sporty Spanish car manufacturer become the main sponsor of the international pop star’s forthcoming European tour. This agreement will link the young, sporty image of the SEAT brand to the amazing musical talent of Shakira, currently enjoying great success with her latest album She ......read more

25.11.2009 / Wolfsburg-Cairo / Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, and Hans Dieter Pötsch, Member of the Board of Management of Volkswagen Aktiengesellschaft responsible for “Finance and Controlling”, will join the Board of Management of Porsche Automobil Holding SE effective November 25, 2009. They will exercise these ......read more

In their meeting this week (6.11.2009) the Supervisory Board of Dr. Ing. h.c. F. Porsche AG, Stuttgart, appointed Lutz Meschke (43) a Member of the Executive Board of the manufacturer of sporting premium cars. With immediate effect, Meschke, previously the Head of Central Controlling of Porsche AG, is taking over top management of the Finance and Operations Division as well as Purchasing ......read more

DETROIT – Carl-Peter Forster, GM group vice president and president, Opel Europe, will be leaving his role as head of European operations and will advise the company during the transition to find a new CEO, it was announced today. With the departure of Forster, GM will initiate an immediate external search for a new CEO for Opel Europe and will work with Opel leadership, in ......read more

Amman, Jordan - While F1 boss Bernie Ecclestone announced his support for Jean Todt's bid for the FIA presidency yesterday (25th of September), we were informed today that another high-caliber motor-sport official from the Middle East will be supporting Ari Vatanen. HRH Prince Feisal Al Hussein, the pioneering leader of sport in Jordan, has accepted an invitation from FIA ......read more

It seems that Volkswagen Nutzfahrzeuge will finally get more attention in the Middle East, as Volkswagen Middle East has announced the appointment of Stefan Mecha as the new Managing Director for the Middle East region with immediate effect. Mecha has over 15 years experience in the automotive industry, with five years at Volkswagen and will be responsible for driving the ......read more

After Ferrari confirmed that 7-time F1 World Champion Michael Schumacher is returning to F1 on the 23rd of August during the Valencia F1 race, Michael talks about the competitive edge at Maranello, how Stefano Domenicali has brought a new era to the Scuderia and how Shell works alongside both the road car and sporting departments, promoting the transfer of technology from the race track ......read more

Europe's biggest car manufacturer Volkswagen AG is planning to purchase all of Stuttgart-based sports carmaker Porsche, which has run into massive financial problems linked to its overly ambitious plan to take control of Volkswagen. Such a take-over is expected to be influencing the Porsche networks world-wide, and especially the networks in the Middle East and North Africa The ......read more

Mazda Motor Europe has confirmed that Neil Stuart Warrior, Director of Public Relations, was a passenger on Air France flight 447 from Rio to Paris. Mr. Warrior’s death has not been officially confirmed, but yesterday parts of the Airbus were recovered in the Atlantic Ocean and it is unlikely that there were any survivors. “Our entire company is shocked and saddened by this ......read more

15.4.2009 / Bolognese (Italy) The world-wide financial and automotive crisis made many car companies face serious trouble, such as General Motors, Opel, Karmann and many more. But some car manufacturers were able to withstand the negative impacts of this economic crisis – at least to certain extend. The Italian car manufacturer Lamborghini is one of those few companies. So in ......read more