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Audi recruits German and Mexican students to design A0 monocycle

Audi has teamed up with German and Mexican engineering and design students for a project that has resulted in the A0 electric monocycle. Resembling a seated Segway with a hubless wheel, information about this project follows hot on the heels of the Urban Concept, and suggests Audi following the lead of BMW in seriously looking at new ways of improving mobility in cities. The project, conducted by the Technical University of Munich and National Autonomous University of Mexico, was sponsored by the Audi Design Research Center Munich, and conducted under the supervision of Klemens Rossnagel, Head of Audi Design Research Center.

GM to invest $2 billion in 17 plants

General Motors said Tuesday that it will invest about $2 billion in 17 plants across eight states in the United States. "We are doing this because we are confident about demand for our vehicles and the economy," GM CEO Dan Akerson said in a statement. Akerson made the announcement at GM's transmission plant in Toledo, along with Ohio Gov.

Ferrari and Puma extend partnership

Ferrari and apparel company Puma will extend their six-year deal, the companies said on Wednesday. Puma will continue to be the official licensing partner and racewear supplier for Ferrari. Ferrari is expecting to expand its global reach as the Formula One calendar grows into markets such as India and the United States.