Auto News digest.(Briefs)(Martin Eberhard appointed at Tesla Motors Inc.)(Hyundai Mobis Company Ltd. to expand its plant)(Collins and Aikman Corp. to close its plant)

Automotive News, August, 2007

Tesla moves CEO to tech post

LOS ANGELES - Martin Eberhard was replaced by former Flextronics International boss Michael Marks as CEO of the electric-car company Tesla Motors Inc. Eberhard will remain at Tesla as president of technology and will concentrate on the launch of the company's electric two-seat roadster this fall, said Elon Musk, Tesla's main venture capital backer. Musk is co-founder of the e-commerce company PayPal and the space-travel company Space Explorations Technologies Corp., called SpaceX.

Musk said that Marks' appointment is temporary and that a search for a permanent CEO continues.

Hyundai Mobis to expand in Ala.

MONTGOMERY, Ala. - Hyundai Mobis is preparing to expand its plant here at the same time it begins a...

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