Volvo should no longer be lumped into the premium category, according to the wishes of CEO Stefan Jacoby. It’s not that the cars aren’t good, but according to Autocar, Jacoby thinks it sends the wrong message. @Funkmasterflex
BMW reportedly catches ring of workers stealing up to $4 million in parts
According to reports, a ring of 18 workers at BMW’s plant in Munich have been stealing from the German automaker for years. It seems the individuals would stop the lines for fake quality control checks and make off with the goods to be sold on the open market. The most lucrative business reportedly centered around reselling seats through internet auctions. @Funkmasterflex
Cadillac officially announces sponsorship of PGA Tour
General Motors, fresh out of bankruptcy and back on the open market, has announced it will resume sponsorship of the PGA Tour. The automaker’s last sponsorship in the golfing world, which famously paired star golfer Tiger Woods and Buick, ended in 2008 amidst major cutbacks just prior to filing for Chapter 11. @Funkmasterflex
