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IED Creative Diary 2011

The Istituto Europeo di Design (IED) will be offering a total of 36 scholarships to students hoping to enter the university this year. The schools' Design, Fashion, Visual Communication and Management departments will all offer places on selected courses. As part of this, the IED international network grant scholarship has launched the 'creative diary', a daily showcase that highlights the work of students who will all be competing to win one of the 36 international scholarships.

Wiedeking to be offered $140 million to quit Porsche, report says

Porsche CEO Wendelin Wiedeking could be offered a $141 million (100 million euros) payoff to quit the sports car maker to make way for a merger with Volkswagen, Germany's Sueddeutsche Zeitung newspaper reported Friday. The newspaper said Wiedeking has been visited by Porsche Chairman Wolfgang Porsche in the past few days, who “made it clear” that the embattled CEO should step down. Wiedeking has come under fire for allowing Porsche's holding company to amass debts of more than $12.7 billion (9 billion euros) during a failed attempt to take over VW.

Seat Ibiza (2008) unveiled

By Ben Pulman First Official Pictures 02 April 2008 22:13 Seat's new Ibiza – unveiled today in Barcelona – offers sleek looks from an ex-Lamborghini stylist and gadgets never before seen in the supermini class. The Ibiza is also the start of a new model offensive that Seat president Erich Schmitt hopes will double sales to 800,000 by 2018. Ex-Lamborghini designer Luc Donckerwolke penned the Ibiza’s striking shape.