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CCS receives $2.5m GM Grant
Tue, 28 Jun 2011General Motors is set to strengthen its longstanding commitment to Detroit's College for Creative Studies with a $2.5 million donation, a contribution that will help the university undertake a $145 million redevelopment of its A. Alfred Taubman Center for Design Education. This is not the first time that GM has given to CCS – the ongoing relationship between them sees members of the GM design team teach and mentor students, while CCS also receives loans of industrial equipment from its Detroit neighbor.
Saab unions threaten bankruptcy action over unpaid wages
Thu, 23 Jun 2011Unions at Saab, which is unable to pay wages to its workers, threatened today to start a legal process that could end in bankruptcy for the iconic brand. The IF Metall and Unionen groups said they would send a formal demand for payment on Monday if their members had not received their wages. "Then the company has seven days to react," IF Metall representative Veli-Pekka Saikkala told Reuters.
Ultra-rare Steyr Puch 500 goes to auction
Tue, 16 Sep 2014£18,000 might seem like a lot of money for a car based on the original Fiat 500, but this particular Steyr Puch example is one of just 33 ever built. Austrian firm Steyr Puch entered into an agreement with Fiat in 1954 after production was halted during World War II, and began production of the 500 under licence. Only 33 right-hand drive examples were ever produced, and of those only two survive; this example and one in the Steyr Puch museum in Austria.