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Students prepare for Coventry University's annual degree show

Students of Coventry University's Automotive and Transport Design course are getting ready for their annual degree show, dubbed ‘Discover ID'. Already the largest show in Europe, this year's exhibition will be the biggest ever, with 107 BA and MDes students showcasing their design talents. Aside from automotive projects, the exhibition will feature projects including two full-size motorcycles, a Rolls-Royce yacht, a Pacific cruise airship and arctic tourism vehicles.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.

BMW/Exa-sponsored project at ACCD

Art Center's BMW/Exa 7th term sponsored project, which we first reported on back in mid-February, recently had its final presentation at the conclusion of the Spring 2008 term. You'll recall the project tasked the students with redesigning a future X5 Sports Activity Vehicle with the express mandate improving its aerodynamic efficiency by at least 30 percent. To achieve this lofty goal, the co-sponsor on the project, Exa Corporation was going to provide both their engineering software PowerFLOW and their technical know-how to virtually test the students' Alias StudioTools design models and provide them with real world aerodynamic feedback.