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Mercedes-Benz inaugurates Advanced Design Studio in Beijing, China

Mercedes-Benz inaugurated its global Advanced Design Center in Beijing, China, yesterday, Thursday July 21. The Beijing design center, Daimler's fifth advanced design studio worldwide, further reinforces the growing importance of the Chinese auto market and Beijing in particular; the city is increasingly influencing changing needs and trends. The new 1,000 square meter Advanced Design Studio employs a total of around 20 designers who will contribute to the future design of Mercedes-Benz automobiles, competing and working with the company's other studios in Germany, Italy, Japan and the USA.

GM posts $7.6 billion profit for 2011

General Motors on Thursday posted a $7.6 billion profit for 2011, while recording its smallest quarterly profit of the year in the fourth quarter. Net income for the October-through-December period fell 7 percent from the year-earlier period to $472 million, as a $562 million loss in Europe--the steepest of the year there--weighed on the automaker's bottom line. North American earnings nearly doubled.

AW Design Forum: Style remains key as transportation systems evolve

The entire way Americans view transportation is going to change, predicts industry expert David Muyres, and designers will be key in making new methods of mobility desirable. Speaking at the AW Design Forum on Thursday morning in Detroit, Muyres said transportation needs to be looked at as a complete system, where cars, cities and technologies--such as the electrical grid--all interact. But for this to work, the cars need to remain exciting, said Muyres.