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Ralliart unit folds, but Mitsubishi keeps name

Mitsubishi will continue using the “Ralliart” brand name despite the demise of the Japanese racing parts company this week. Ralliart Inc., a wholly owned Japanese subsidiary of Mitsubishi Motors Corp., informed global distributors on Wednesday that it would cease business operations March 31. In the United States and Europe, Mitsubishi markets a Ralliart sports version of its Lancer, which has become a sporty halo car for the brand.

Kia Car Design Award winners announced in Beijing

The first Kia Car Design Award was successfully concluded on 20 May in Beijing, with Chinese student Li Bai being presented the prize for first place by Seon-Ho Youn, Vice President of Kia Design Center. Bai, from Tsinghua Academy of Fine Arts, became the first ever winner of the award for his Kia Rhyme Concept, described by Seon-Ho Youn as "a perfect combination of design and Chinese culture." Bai's luxury sports car concept was inspired by Chinese philosophy, which can be seen in the headlamp design that reflects the traditional Chinese Ba gua, or ‘Eight Diagrams'. These are eight diagrams used in Taoist cosmology that represent the fundamental principles of reality through three lines, each line either 'broken' or 'unbroken', representing either yin or yang.

New baby Jaguar name to be revealed LIVE at Geneva show

Jaguar will reveal the name of its new BMW 3 Series rival LIVE during its lunchtime Geneva Motor Show press conference, CEO Dr. Ralf Speth has confirmed. “We will also show you a first teaser image of the new car,” he added.