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Michelin launches 2012 Challenge Design competition

What began back in 2000 as a forum for people who share a passion for vehicle design and innovation has grown to inspire thousands of entries from 96 countries. Over the past decade, Michelin Challenge Design (MCD) participants have submitted vehicle design concepts for personal and public transport addressing a broad range of geographic themes and industry issues. And now, as the 2011 program draws to a close, MCD has announced the 2012 program, which opens for pre-registration from October 1, 2010 to March 4, 2011.

White is the most popular car color

White is the most popular vehicle color in the world, followed by black and silver, according to car-paint supplier PPG Industries. In North America, white was first, making up 20 percent of the 2011-model-year cars. Silver was second at 19 percent, then black at 18 percent, gray at 15 percent, red and blue tied at 9 percent, naturals such as brown, tan and gold at 7 percent, green at 2 percent and other colors at 1 percent.

Jaguar Land Rover – Clever Finance Deal

JLR releases £170 million by financing cars in transit Car makers have been begging lines of credit from wherever they can in the last year as the recession has bitten hard in to their finances. Jaguar Land Rover started off down the Government Loan route, but it soon became clear that the strings attached to any Government sourced finance where unacceptable. But in a sign that the future of JLR looks pretty rosy JLR managed to secure £175 million in private financing back in August as part of a bid to raise £500 million, and Tata have refinanced the loans used to acquire JLR.