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Who's Where: Wolfgang Egger to head Audi Group Design

Following fast on the heels of the appointment of Walter de'Silva as Volkswagen Group Head of Design earlier this month, is the appointment of Wolfgang Egger to head of Audi Group Design. Egger will begin his new position effective from 1 May, 2007. Stefan Sielaff remains head of the Audi brand design department.

News watch February 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe)  • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.

Mitsubishi Concept-CX (2007): first official pictures

By Ben Pulman First Official Pictures 31 August 2007 10:55 The Concept-CX looks like a Lancer supermini? Close, but no cigar. This is Mitsubishi’s Concept-CX and it shares the frontal styling (which the company describes as ‘a tight and powerful wedge’) and twin-clutch gearbox with the forthcoming Lancer Evo X.