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Michelin Challenge Design-CCS 2014 winning projects explored
Wed, 08 Jan 2014Michelin has revealed the winners of the 2014 Michelin Challenge Design Competition for the College for Creative Studies (CCS). This year's challenge saw 16 student entries based around the global Michelin Challenge Design theme of ‘Driven/Undriven: The Duality of Tomorrow's Automobile'. Michelin asked the students to explore innovative concepts of vehicle autonomy in teams of four.
New Dacia Duster at 2013 Frankfurt Motor Show
Tue, 10 Sep 2013Good news! There's a revised Dacia Duster on show at the 2013 Frankfurt Motor Show. Bad news!
Bondholders snub GM, bankruptcy filing likely
Wed, 27 May 2009Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.
